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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against OKX−0.018%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.620% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.018%, 7d avg +0.025%
Together, before fees+0.008%+ Points / potential airdropExtended: Active · farm board+$1 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: Extended is 0.044% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GRAM-USDT-SWAP1.43700.0100pay 0.0050% / 4h2h 38m$8.6M$8.1M50x
ShortExtended GRAM-USD1.43670.0104get 0.0013% / 1h38m 35s$168K$123K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: −0.018% → +0.025%
−$4.36
Slippage, 4 orders
−$46.98
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$65.5
Costs to cover
0.620%
Break-even
552.9 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 7 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 OKX live order book, 4 min ago3.48 bp12.5 bp −$1326.6 bp −$266doesn't fitdoesn't fit
Sell Extended live order book, 7 min ago5.22 bp16.8 bp −$1782.6 bp −$826doesn'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+0.835%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4386+0.113%$2.3M$2.9M20xas long as short
Binance GRAMUSDT+0.0100%4h1.4374+0.028%$20.3M$27.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4360−0.070%$30.4M$13.6M50xas long as short
OKX GRAM-USDT-SWAPlong+0.0100%4h1.4370long leg$8.6M$8.1M50x
Gate GRAM_USDT+0.0100%4h1.43700.000%$3.5M$3.4M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.43700.000%$16.5M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4369−0.007%$9.2M$10.1M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4369−0.007%$7.1M$4.0M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4358−0.086%$17K$274K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.43700.000%$14K$618K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4350−0.139%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4376+0.042%$6K$560K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4391+0.146%$330K$584K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4350−0.139%$1.5M$1.8M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4367−0.024%$2K$195xas long as short
Extended GRAM-USDshort+0.0104%1h1.4367−0.018%$168K$123K5x
Aster GRAMUSDT+0.0214%4h1.4390+0.139%$965K$120K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4340−0.209%$1.4M$237K50xas long as short
Backpack GRAM_USDC_PERP+0.0459%1h1.4359−0.077%$53K$16K10xas long as short
Hyperliquid GRAM+0.0461%1h1.4397+0.188%$35.5M$7.6M5xas long as short