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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Gate against Extended+0.125%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$680.677% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.125%, 7d avg +0.047%
Together, before fees−0.170%+ Points / potential airdropExtended: Active · farm board−$17 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: Gate is 0.078% dearer against Extended than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRAM-USD1.45310.0104pay 0.0013% / 1h32m 39s$169K$123K5x
ShortGate GRAM_USDT1.45490.0100get 0.0050% / 4h2h 32m$3.7M$3.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.125% → +0.047%
$7.78
Slippage, 4 orders
−$47.69
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$60.75
Costs to cover
0.677%
Break-even
never at this rate
Slippage from Extended: live order book, 33 min ago; Gate: live order book, 5 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, 33 min ago5.14 bp16.8 bp −$1780.8 bp −$808doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago6.21 bp16.9 bp −$1753.5 bp −$535doesn't fitdoesn't fit

GRAM on 20 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%1h1.4490−0.281%$4K$143K12xas long as short
Binance GRAMUSDT+0.0100%4h1.4555+0.164%$20.6M$27.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4550+0.132%$30.9M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4550+0.132%$8.7M$8.7M50xas long as short
Gate GRAM_USDTshort+0.0100%4h1.4549+0.125%$3.7M$3.3M75x
MEXC GRAM_USDT+0.0100%4h1.4550+0.132%$15.3M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4550+0.132%$8.9M$10.7M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4557+0.180%$7.3M$4.1M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4529−0.013%$17K$273K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4530−0.006%$14K$607K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4540+0.063%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4557+0.180%$7K$596K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4589+0.400%$340K$621K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4530−0.006%$1.5M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4553+0.152%$2K$195xas long as short
Extended GRAM-USDlong+0.0104%1h1.4531long leg$169K$123K5x
Hyperliquid GRAM+0.0225%1h1.4565+0.235%$35.9M$7.4M5xas long as short
Backpack GRAM_USDC_PERP+0.0359%1h1.4535+0.029%$54K$20K10xas long as short
Aster GRAMUSDT+0.0485%4h1.4559+0.193%$976K$126K50xas long as short
Lighter GRAM+0.0720%1h1.4585+0.373%$2.6M$2.4M20xas long as short