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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Phemex+0.069%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2022.015% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.069%, 7d avg −0.006%
Together, before fees−0.179%−$18 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: ApeX Omni is 0.076% dearer against Phemex than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex GRAMUSDT1.44700.0100pay 0.0050% / 4h3h 57m$1.6M$1.7M20x
ShortApeX Omni GRAMUSDT1.44800.0100get 0.0013% / 1h57m 12s$14K$600K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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
Price spread: +0.069% → −0.006%
$7.55
Slippage, 4 orders
−$179.53
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$193.98
Costs to cover
2.015%
Break-even
never at this rate
Slippage from Phemex: live order book, 1 min ago; ApeX Omni: live order book, 16 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 Phemex live order book, 1 min ago17.28 bp77.3 bp −$77doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 16 min ago13.83 bp25.0 bp −$25119.6 bp −$1,196doesn'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+0.138%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4463−0.049%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4478+0.055%$35.6M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4464−0.041%$20.4M$27.0M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4462−0.055%$30.6M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4460−0.069%$8.6M$8.4M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4474+0.028%$3.7M$3.1M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.44700.000%$15.4M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4469−0.007%$8.9M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4471+0.007%$7.2M$4.0M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4477+0.048%$43K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4476+0.043%$17K$271K10xas long as short
ApeX Omni GRAMUSDTshort+0.0100%1h1.4480+0.069%$14K$600K50x
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.44700.000%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4497+0.187%$7K$592K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4503+0.228%$337K$618K30xas long as short
Phemex GRAMUSDTlong+0.0100%4h1.4470long leg$1.6M$1.7M20x
Extended GRAM-USD+0.0104%1h1.4467−0.019%$169K$123K5xas long as short
Aster GRAMUSDT+0.0186%4h1.4480+0.069%$975K$111K50xas long as short
Lighter GRAM+0.0288%1h1.4492+0.151%$2.7M$2.3M20xas long as short
BloFin GRAM-USDT+0.0340%4h1.4460−0.069%$1.4M$205K50xas long as short