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

GRAM

all GRAM markets
SwapBacktest
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: Binance against Phemex+0.007%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1611.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−0.471%−$47 · spread now +0.007%, 7d avg +0.011%
Together, before fees−0.538%−$54 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex GRAMUSDT1.44700.0100pay 0.0050% / 4h1h 41m$1.5M$1.8M20x
ShortBinance GRAMUSDT1.44710.0100get 0.0050% / 4h1h 41m$20.6M$28.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.007% → +0.011%
−$0.37
Slippage, 4 orders
−$139.21
Fee Phemex: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$161.58
Costs to cover
1.612%
Break-even
never at this rate
Slippage from Phemex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 2 min ago6.90 bp63.4 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago3.45 bp11.5 bp −$1132.7 bp −$327264.8 bp −$26.5Kdoesn'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%8h1.4473+0.020%$2K$195xas long as short
Binance GRAMUSDTshort+0.0100%4h1.4471+0.007%$20.6M$28.2M50x
Bybit GRAMUSDT+0.0100%4h1.4460−0.069%$30.7M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4460−0.069%$8.7M$8.6M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4477+0.048%$3.7M$3.3M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4460−0.069%$15.2M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4468−0.014%$8.8M$10.6M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4473+0.021%$7.2M$4.1M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4480+0.069%$53K$16K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4476+0.045%$17K$272K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4500+0.207%$14K$606K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4480+0.069%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4480+0.069%$6K$598K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4535+0.449%$339K$621K30xas long as short
Phemex GRAMUSDTlong+0.0100%4h1.4470long leg$1.5M$1.8M20x
Extended GRAM-USD+0.0104%1h1.4470+0.001%$169K$123K5xas long as short
Hyperliquid GRAM+0.0271%1h1.4491+0.145%$35.8M$7.3M5xas long as short
BloFin GRAM-USDT+0.0340%4h1.44700.000%$1.4M$203K50xas long as short
Aster GRAMUSDT+0.0364%4h1.4497+0.189%$972K$126K50xas long as short
Lighter GRAM+0.0816%1h1.4499+0.202%$2.6M$2.4M20xas long as short