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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Phemex+0.007%46s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1591.593% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 3 days (all we have)−0.215%−$22 · spread now +0.007%, 7d avg +0.016%
Together, before fees−0.225%−$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex GRAMUSDT1.45300.0100pay 0.0050% / 4h2h 38m$1.6M$1.7M20x
ShortBitget GRAMUSDT1.45310.0100get 0.0050% / 4h2h 38m$7.2M$3.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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% → +0.016%
−$0.9
Slippage, 4 orders
−$135.32
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$160.22
Costs to cover
1.593%
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago3.45 bp69.6 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.03 bp14.0 bp −$1420.6 bp −$206doesn'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
Paradex GRAM-USD-PERP+0.0100%8h1.4526−0.029%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4547+0.117%$35.9M$6.9M5xas long as short
Binance GRAMUSDT+0.0100%4h1.45300.000%$20.8M$25.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4532+0.014%$30.6M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4520−0.069%$8.7M$8.4M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4533+0.021%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.45300.000%$15.5M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4527−0.021%$8.7M$10.9M50xas long as short
Bitget GRAMUSDTshort+0.0100%4h1.4531+0.007%$7.2M$3.8M50x
Backpack GRAM_USDC_PERP+0.0100%1h1.4532+0.014%$44K$12K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4498−0.222%$17K$269K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4500−0.206%$13K$589K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.45300.000%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4546+0.110%$7K$572K10xas long as short
Phemex GRAMUSDTlong+0.0100%4h1.4530long leg$1.6M$1.7M20x
Extended GRAM-USD+0.0104%1h1.4528−0.011%$150K$103K5xas long as short
Injective GRAM/USDC PERP+0.0132%1h1.4540+0.069%$4K$121K12xas long as short
Aster GRAMUSDT+0.0250%4h1.4551+0.142%$968K$100K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4540+0.069%$1.4M$210K50xas long as short
Lighter GRAM+0.0800%1h1.4561+0.213%$2.8M$2.5M20xas long as short
HTX GRAM-USDT+0.1433%4h1.4584+0.372%$338K$628K30xas long as short