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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Bitget against Extended−0.037%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$590.586% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.037%, 7d avg +0.035%
Together, before fees+0.036%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.072% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRAM-USD1.43400.0104pay 0.0013% / 1h4m 55s$168K$123K5x
ShortBitget GRAMUSDT1.43350.0100get 0.0050% / 4h4m 55s$7.1M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$0.84
Price spread: −0.037% → +0.035%
−$7.24
Slippage, 4 orders
−$41.62
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$66.7
Costs to cover
0.586%
Break-even
never at this rate
Slippage from Extended: live order book, 51 min ago; Bitget: live order book, 3 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, 51 min ago4.84 bp15.1 bp −$1568.7 bp −$687doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.74 bp12.2 bp −$1222.2 bp −$222doesn'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+1.043%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4360+0.137%$2.3M$2.9M20xas long as short
Paradex GRAM-USD-PERP+0.0098%8h1.4371+0.214%$2K$195xas long as short
Hyperliquid GRAM+0.0100%1h1.4355+0.102%$35.3M$7.3M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4344+0.029%$20.3M$28.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4339−0.010%$30.3M$14.2M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4340−0.003%$8.6M$8.7M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4345+0.032%$3.6M$3.6M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4340−0.003%$15.3M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4339−0.010%$8.9M$10.4M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GRAMUSDTshort+0.0100%4h1.4335−0.037%$7.1M$4.2M50x
edgeX GRAMUSDC+0.0100%4h1.4384+0.303%$17K$274K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4400+0.416%$14K$615K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4360+0.137%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4397+0.395%$6K$612K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4416+0.527%$326K$677K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4340−0.003%$1.5M$1.8M20xas long as short
Extended GRAM-USDlong+0.0104%1h1.4340long leg$168K$123K5x
Aster GRAMUSDT+0.0120%4h1.4365+0.173%$963K$127K50xas long as short
Backpack GRAM_USDC_PERP+0.0270%1h1.4356+0.109%$53K$16K10xas long as short
BloFin GRAM-USDT+0.0340%4h1.4380+0.276%$1.4M$232K50xas long as short