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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.121%
Price spread now: KuCoin against Lighter−0.073%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.572% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.420%−$42 on $10k
Price spread, last 7 days+0.127%+$13 · spread now −0.073%, 7d avg −0.071%
Together, before fees−0.293%+ Points / potential airdropLighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter GRAM1.43570.0096pay 0.0012% / 1h32m 11s$2.3M$2.9M20x
ShortKuCoin GRAMUSDTM1.43460.0100get 0.0050% / 4h1h 32m$8.9M$10.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Lighter. 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: −0.073% → −0.071%
−$0.23
Slippage, 4 orders
−$45.2
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$56.59
Costs to cover
0.572%
Break-even
478.6 days
Slippage from Lighter: live order book, 5 min ago; KuCoin: live order book, 6 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 Lighter live order book, 5 min ago3.51 bp6.8 bp −$733.7 bp −$337174.2 bp −$17.4Kdoesn't fit
Sell KuCoin live order book, 6 min ago2.44 bp20.3 bp −$2049.6 bp −$496doesn't fitdoesn'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+0.930%$4K$143K12xas long as short
Lighter GRAMlong+0.0096%1h1.4357long leg$2.3M$2.9M20x
Binance GRAMUSDT+0.0100%4h1.4349−0.052%$20.3M$27.3M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4335−0.150%$30.3M$13.5M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4340−0.115%$8.6M$8.1M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4346−0.073%$3.6M$3.4M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4340−0.115%$16.3M$2.7M20xas long as short
KuCoin GRAMUSDTMshort+0.0100%4h1.4346−0.073%$8.9M$10.2M50x
Bitget GRAMUSDT+0.0100%4h1.4342−0.101%$7.0M$4.0M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4360+0.024%$17K$275K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.4360+0.024%$14K$615K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4340−0.115%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4367+0.073%$7K$558K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4372+0.108%$330K$587K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4340−0.115%$1.5M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4345−0.082%$2K$315xas long as short
Hyperliquid GRAM+0.0101%1h1.4351−0.038%$35.4M$7.6M5xas long as short
Backpack GRAM_USDC_PERP+0.0103%1h1.4350−0.045%$53K$16K10xas long as short
Extended GRAM-USD+0.0104%1h1.4337−0.139%$168K$123K5xas long as short
Aster GRAMUSDT+0.0149%4h1.4375+0.132%$964K$118K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4340−0.115%$1.4M$238K50xas long as short