Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Binance against OKX+0.139%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

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

costs, in and out, $10k−$450.453% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 7 days−0.126%−$13 · spread now +0.139%, 7d avg +0.051%

Together, before fees−0.152%−$15 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 0.087% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRAM-USDT-SWAP	1.4440	0.0100	pay 0.0050% / 4h	1h 11m	$8.6M	$8.5M	50x
Short	Binance GRAMUSDT	1.4460	0.0100	get 0.0050% / 4h	1h 11m	$20.4M	$26.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.139%Rate

Funding earned: $0
Price spread: +0.139% → +0.051%: $8.7
Slippage, 4 orders: −$25.3
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$36.6
Costs to cover: 0.453%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Binance: live order book, 15 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 OKX live order book, 2 min ago	3.46 bp	11.3 bp −$11	33.4 bp −$334	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	3.46 bp	8.5 bp −$8	26.3 bp −$263	222.5 bp −$22.3K	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	−0.0387%	1h	1.4490	+0.346%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0099%	8h	1.4454	+0.100%	$2K	$30	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4468	+0.194%	$35.6M	$7.0M	5x	as long as short
Binance GRAMUSDTshort	+0.0100%	4h	1.4460	+0.139%	$20.4M	$26.8M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4453	+0.090%	$30.6M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAPlong	+0.0100%	4h	1.4440	long leg	$8.6M	$8.5M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4460	+0.139%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4460	+0.139%	$15.4M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4456	+0.111%	$9.0M	$11.0M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4452	+0.083%	$7.1M	$3.8M	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	1.4465	+0.173%	$43K	$15K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4441	+0.009%	$17K	$270K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4450	+0.069%	$13K	$591K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4460	+0.139%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4477	+0.256%	$7K	$595K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4460	+0.139%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4459	+0.130%	$169K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0161%	4h	1.4480	+0.277%	$964K	$99K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4430	−0.069%	$1.4M	$214K	50x	as long as short
HTX GRAM-USDT	+0.0376%	4h	1.4488	+0.332%	$335K	$628K	30x	as long as short
Lighter GRAM	+0.0544%	1h	1.4485	+0.310%	$2.7M	$2.3M	20x	as long as short