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+0.0236%/8h= +25.8% APRpaid last 24h +0.076%
Price spread now: BloFin against Extended−0.071%74s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.686% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.474%+$47 on $10k
Price spread, last 4 days (all we have)+0.390%+$39 · spread now −0.071%, 7d avg +0.014%
Together, before fees+0.864%+ Points / potential airdropExtended: Active · farm board+$86 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.085% cheaper against Extended than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.014%). If the spread goes back, that is −$9 on $10k: about 29 hours of funding at the current rate (+$7 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRAM-USD1.43600.0104pay 0.0013% / 1h59m 57s$168K$123K5x
ShortBloFin GRAM-USDT1.43500.0340get 0.0170% / 4h3h 59m$1.4M$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$49.56
Price spread: −0.071% → +0.014%
−$8.54
Slippage, 4 orders
−$51.57
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.55
Costs to cover
0.686%
Break-even
10.9 days
Slippage from Extended: live order book, 56 min ago; BloFin: 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, 56 min ago4.84 bp15.1 bp −$1568.7 bp −$687doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago6.96 bp24.2 bp −$2434.4 bp −$344192.0 bp −$19.2Kdoesn'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+0.904%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4376+0.110%$2.3M$2.9M20xas long as short
Paradex GRAM-USD-PERP+0.0098%8h1.4365+0.030%$2K$195xas long as short
Hyperliquid GRAM+0.0100%1h1.4378+0.126%$35.3M$7.3M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4361+0.003%$20.3M$28.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4359−0.009%$30.3M$14.2M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4360−0.002%$8.6M$8.7M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4365+0.033%$3.6M$3.6M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4360−0.002%$15.7M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4371+0.075%$8.9M$10.4M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GRAMUSDT+0.0100%4h1.4365+0.033%$7.1M$4.2M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4348−0.086%$17K$275K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4350−0.071%$14K$615K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4360−0.002%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4357−0.023%$6K$612K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4396+0.249%$326K$677K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4360−0.002%$1.5M$1.8M20xas long as short
Extended GRAM-USDlong+0.0104%1h1.4360long leg$168K$123K5x
Aster GRAMUSDT+0.0107%4h1.4384+0.168%$964K$127K50xas long as short
Backpack GRAM_USDC_PERP+0.0269%1h1.4371+0.075%$53K$16K10xas long as short
BloFin GRAM-USDTshort+0.0340%4h1.4350−0.071%$1.4M$231K50x