Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin−0.110%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$550.555% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.110%, 7d avg −0.033%

Together, before fees+0.013%+$1 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: Binance is 0.077% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRAMUSDTM	1.4583	0.0100	pay 0.0050% / 4h	2h 24m	$8.9M	$10.7M	50x
Short	Binance GRAMUSDT	1.4567	0.0100	get 0.0050% / 4h	2h 24m	$20.6M	$27.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.110%Rate

Funding earned: $0
Price spread: −0.110% → −0.033%: −$7.7
Slippage, 4 orders: −$33.49
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.2
Costs to cover: 0.555%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 2 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 KuCoin live order book, 9 min ago	5.51 bp	19.0 bp −$19	87.2 bp −$872	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	3.43 bp	11.7 bp −$12	34.2 bp −$342	287.8 bp −$28.8K	doesn't fit

GRAM on 20 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
Injective GRAM/USDC PERP	+0.0033%	1h	1.4490	−0.638%	$4K	$143K	12x	as long as short
Binance GRAMUSDTshort	+0.0100%	4h	1.4567	−0.110%	$20.6M	$27.8M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4564	−0.130%	$31.0M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4560	−0.158%	$8.7M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4574	−0.062%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4570	−0.089%	$15.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTMlong	+0.0100%	4h	1.4583	long leg	$8.9M	$10.7M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4577	−0.041%	$7.3M	$4.1M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4564	−0.129%	$17K	$272K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4540	−0.295%	$14K	$606K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4570	−0.089%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4608	+0.171%	$7K	$597K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4621	+0.261%	$341K	$621K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4580	−0.021%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4573	−0.069%	$2K	$19	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4576	−0.047%	$170K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0222%	1h	1.4588	+0.034%	$36.0M	$7.3M	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0431%	1h	1.4592	+0.062%	$54K	$20K	10x	as long as short
Aster GRAMUSDT	+0.0477%	4h	1.4584	+0.004%	$977K	$126K	50x	as long as short
Lighter GRAM	+0.0728%	1h	1.4609	+0.176%	$2.6M	$2.4M	20x	as long as short