Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

GRAM

All GRAM markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKXGRAM-USDT-SWAP
1.5100+0.0100pay 0.0050% / 4h1h 44m$10.8M$17.8M50xLong OKX
SHORT
PopdexGRAMUSDT
1.5120+0.0096get 0.0012% / 1h44m 56s$104K$427K50xShort Popdex
Price gap+0.132%
Funding gap−0.0004% /8h

Funding is ≈ 0, so this is a price-spread trade: +$8 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$1−0.0004% /8h now · paid +0.008% over the last 6 days (all we have)
Price+$8spread +0.132% now, avg +0.057% → +0.075% if it goes back
Costs−$670.672% of $10k · taker + slippage, in and out
Result−$59−0.59%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.132%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

GRAM on 22 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size13.7 / 21.8 bp
    At $10k entering Popdex costs 21.8 bp, fee and slippage, 1.6× OKX’s.
  • Note: Margin at max leverage$200 + $200
    OKX 50x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$0.12Long OKX: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
  • OK: Entry gap works for you+0.132% vs +0.057%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$104K vs $10.8M OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Yes · Popdex No
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0004%/8h × 21 periods+$0.89
Price spread+0.132% → +0.057% (7d avg)+$7.51
Slippage, 4 orderslive order books−$50.85
Fee OKX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$58.84
Costs to cover0.672%Break-even469.0 days
Slippage: OKX: live order book, 2 min ago; Popdex: live order book, 17 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX3.3013.7 bp−$1438.8 bp−$388doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.3121.8 bp−$22doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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