Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0199%/8h= +21.7% APRpaid last 24h +0.008%
Price spread now: Aster against Extended+0.259%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$650.651% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.045%+$5 on $10k
Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.259%, 7d avg +0.101%
Together, before fees−0.046%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.158% dearer against Extended than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.101%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.045% in total (about 3.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRAM-USD1.44990.0104pay 0.0013% / 1h21m 21s$169K$123K5x
ShortAster GRAMUSDT1.45370.0303get 0.0151% / 4h3h 21m$979K$110K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$41.71
Price spread: +0.259% → +0.101%
$15.81
Slippage, 4 orders
−$52.13
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$7.61
Costs to cover
0.651%
Break-even
8.3 days
Slippage from Extended: live order book, 50 min ago; Aster: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 50 min ago5.19 bp16.3 bp −$1685.9 bp −$859doesn't fitdoesn't fit
Sell Aster live order book, 52 min ago6.90 bp16.4 bp −$1689.5 bp −$895doesn't fitdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.4490−0.063%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4498−0.008%$2K$195xas long as short
Binance GRAMUSDT+0.0100%4h1.4504+0.033%$20.5M$26.9M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4511+0.081%$30.7M$13.6M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4500+0.006%$8.6M$8.4M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4513+0.095%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4510+0.075%$15.5M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4511+0.081%$8.9M$10.8M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4517+0.123%$7.2M$3.8M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4516+0.116%$54K$20K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4513+0.095%$17K$272K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4500+0.006%$14K$601K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4500+0.006%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4527+0.192%$7K$590K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4490−0.063%$1.6M$1.7M20xas long as short
Extended GRAM-USDlong+0.0104%1h1.4499long leg$169K$123K5x
Hyperliquid GRAM+0.0118%1h1.4523+0.164%$35.8M$6.9M5xas long as short
HTX GRAM-USDT+0.0191%4h1.4549+0.344%$340K$620K30xas long as short
Aster GRAMUSDTshort+0.0303%4h1.4537+0.259%$979K$110K50x
BloFin GRAM-USDT+0.0340%4h1.4500+0.006%$1.4M$204K50xas long as short
Lighter GRAM+0.0368%1h1.4530+0.215%$2.6M$2.4M20xas long as short