Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Gate against MEXC+0.056%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$390.394% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days−0.082%−$8 · spread now +0.056%, 7d avg +0.030%

Together, before fees−0.139%−$14 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 0.025% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GRAM_USDT	1.4360	0.0100	pay 0.0050% / 4h	1h 42m	$16.3M	$2.7M	20x
Short	Gate GRAM_USDT	1.4368	0.0100	get 0.0050% / 4h	1h 42m	$3.6M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.056%Rate

Funding earned: $0
Price spread: +0.056% → +0.030%: $2.54
Slippage, 4 orders: −$20.44
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.9
Costs to cover: 0.394%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	3.48 bp	5.5 bp −$5	11.0 bp −$110	71.7 bp −$7,172	313.8 bp −$156.9K
Sell Gate live order book, 5 min ago	4.87 bp	14.2 bp −$14	43.3 bp −$433	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
Injective GRAM/USDC PERP	+0.0033%	1h	1.4490	+0.905%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4379	+0.132%	$2.3M	$2.9M	20x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4379	+0.132%	$35.4M	$7.6M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4365	+0.036%	$20.3M	$27.4M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4357	−0.021%	$30.4M	$13.5M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4360	0.000%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDTshort	+0.0100%	4h	1.4368	+0.056%	$3.6M	$3.4M	75x
MEXC GRAM_USDTlong	+0.0100%	4h	1.4360	long leg	$16.3M	$2.7M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4364	+0.028%	$9.0M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4363	+0.021%	$7.0M	$4.0M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4379	+0.132%	$53K	$16K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4357	−0.022%	$16K	$276K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4380	+0.139%	$14K	$617K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4370	+0.070%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4397	+0.258%	$7K	$561K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4390	+0.209%	$330K	$588K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4370	+0.070%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4362	+0.015%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4366	+0.041%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0159%	4h	1.4385	+0.172%	$964K	$118K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4380	+0.139%	$1.4M	$239K	50x	as long as short