Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate+0.145%7-day average +0.116% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1491.491% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 3 days (all we have)+0.286%+$29 · spread now +0.145%, 7d avg +0.116%

Together, before fees+0.418%+$42 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: SunX is 0.028% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GRAM_USDT	1.4514	0.0100	pay 0.0050% / 4h	2h 52m	$3.7M	$3.2M	75x
Short	SunX GRAM-USDT	1.4535	0.0100	get 0.0050% / 4h	2h 52m	$7K	$570K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee SunXbpOrdersPrice spread, now +0.145%Rate

Funding earned: $0
Price spread: +0.145% → +0.116%: $2.83
Slippage, 4 orders: −$126.05
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$146.23
Costs to cover: 1.491%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; SunX: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	2.75 bp	16.3 bp −$16	98.9 bp −$989	doesn't fit	doesn't fit
Sell SunX live order book, 28 min ago	32.54 bp	66.7 bp −$67	doesn't fit	doesn't fit	doesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4507	−0.050%	$2K	$30	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4525	+0.078%	$35.8M	$6.7M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4506	−0.054%	$20.9M	$25.8M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4507	−0.048%	$30.6M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4500	−0.096%	$8.6M	$8.4M	50x	as long as short
Gate GRAM_USDTlong	+0.0100%	4h	1.4514	long leg	$3.7M	$3.2M	75x
MEXC GRAM_USDT	+0.0100%	4h	1.4510	−0.028%	$15.3M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4509	−0.034%	$8.9M	$10.9M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4510	−0.028%	$7.2M	$3.7M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4524	+0.069%	$44K	$12K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRAMUSDC	+0.0100%	4h	1.4513	−0.005%	$17K	$269K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4530	+0.110%	$13K	$585K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4520	+0.041%	$2K	$1K	10x	as long as short
SunX GRAM-USDTshort	+0.0100%	4h	1.4535	+0.145%	$7K	$570K	10x
Phemex GRAMUSDT	+0.0100%	4h	1.4520	+0.041%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4509	−0.036%	$150K	$103K	5x	as long as short
Injective GRAM/USDC PERP	+0.0132%	1h	1.4540	+0.179%	$4K	$121K	12x	as long as short
Aster GRAMUSDT	+0.0217%	4h	1.4533	+0.132%	$967K	$99K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4480	−0.234%	$1.4M	$209K	50x	as long as short
Lighter GRAM	+0.0696%	1h	1.4546	+0.223%	$2.7M	$2.5M	20x	as long as short
HTX GRAM-USDT	+0.1338%	4h	1.4587	+0.503%	$338K	$628K	30x	as long as short