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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.076%
Price spread now: BloFin against KuCoin+0.021%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$790.794% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.458%+$46 on $10k
Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.021%, 7d avg −0.045%
Together, before fees+0.502%+$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.066% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GRAMUSDTM1.43370.0100pay 0.0050% / 4h38m 30s$8.8M$10.1M50x
ShortBloFin GRAM-USDT1.43400.0340get 0.0170% / 4h38m 30s$1.4M$243K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$50.4
Price spread: +0.021% → −0.045%
$6.59
Slippage, 4 orders
−$55.4
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$22.41
Costs to cover
0.794%
Break-even
10.1 days
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 4 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 KuCoin live order book, 10 min ago1.74 bp20.5 bp −$2163.2 bp −$632doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago10.45 bp19.5 bp −$2041.9 bp −$419245.0 bp −$24.5Kdoesn'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+1.067%$4K$143K12xas long as short
Binance GRAMUSDT+0.0100%4h1.4340+0.018%$20.2M$27.2M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4330−0.049%$30.4M$13.5M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4340+0.021%$8.6M$8.0M50xas long as short
Gate GRAM_USDT+0.0100%4h1.43370.000%$3.6M$3.5M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4330−0.049%$16.3M$2.6M20xas long as short
KuCoin GRAMUSDTMlong+0.0100%4h1.4337long leg$8.8M$10.1M50x
Bitget GRAMUSDT+0.0100%4h1.4332−0.035%$7.0M$4.0M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4350+0.092%$16K$275K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4360+0.160%$14K$617K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4340+0.021%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4356+0.133%$7K$557K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4355+0.126%$323K$601K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4340+0.021%$1.6M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4332−0.034%$2K$315xas long as short
Extended GRAM-USD+0.0104%1h1.4336−0.009%$168K$122K5xas long as short
Backpack GRAM_USDC_PERP+0.0112%1h1.4341+0.028%$53K$16K10xas long as short
Hyperliquid GRAM+0.0142%1h1.4349+0.084%$35.3M$7.6M5xas long as short
Lighter GRAM+0.0184%1h1.4350+0.093%$2.3M$2.9M20xas long as short
Aster GRAMUSDT+0.0205%4h1.4366+0.201%$969K$123K50xas long as short
BloFin GRAM-USDTshort+0.0340%4h1.4340+0.021%$1.4M$243K50x