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 +0.004%

Price spread now: SunX against MEXC+0.261%7-day average +0.158% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.261%, 7d avg +0.158%

Together, before fees+0.003%$0 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 0.103% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.158%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GRAM_USDT	1.4570	0.0100	pay 0.0050% / 4h	2h 24m	$15.3M	$2.7M	20x
Short	SunX GRAM-USDT	1.4608	0.0100	get 0.0050% / 4h	2h 24m	$7K	$597K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.261%Rate

Funding earned: $0
Price spread: +0.261% → +0.158%: $10.29
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: −$1.71
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; SunX: live order book, 17 min ago. Net counts fees only.

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, 4 min ago	3.43 bp	5.4 bp −$5	12.5 bp −$125	62.5 bp −$6,249	266.2 bp −$133.1K
Sell SunX live order book, 17 min ago	500.19 bp	doesn't fit	doesn't fit	doesn't fit	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	−0.549%	$4K	$143K	12x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4572	+0.013%	$20.6M	$27.8M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4570	0.000%	$31.0M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4580	+0.069%	$8.7M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4582	+0.082%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDTlong	+0.0100%	4h	1.4570	long leg	$15.3M	$2.7M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4574	+0.027%	$8.9M	$10.7M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4582	+0.082%	$7.3M	$4.1M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4564	−0.040%	$17K	$272K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4540	−0.206%	$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	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDTshort	+0.0100%	4h	1.4608	+0.261%	$7K	$597K	10x
HTX GRAM-USDT	+0.0100%	4h	1.4621	+0.350%	$341K	$621K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4580	+0.069%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4573	+0.021%	$2K	$19	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4563	−0.047%	$170K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0223%	1h	1.4599	+0.199%	$36.0M	$7.3M	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0420%	1h	1.4582	+0.082%	$54K	$20K	10x	as long as short
Aster GRAMUSDT	+0.0477%	4h	1.4580	+0.069%	$977K	$126K	50x	as long as short
Lighter GRAM	+0.0720%	1h	1.4602	+0.220%	$2.6M	$2.4M	20x	as long as short