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: Bybit against Phemex+0.014%53s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1621.619% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 3 days (all we have)−0.258%−$26 · spread now +0.014%, 7d avg +0.010%
Together, before fees−0.365%−$37 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex GRAMUSDT1.45600.0100pay 0.0050% / 4h2h 36m$1.6M$1.7M20x
ShortBybit GRAMUSDT1.45620.0100get 0.0050% / 4h2h 36m$30.7M$13.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.014% → +0.010%
$0.37
Slippage, 4 orders
−$138.9
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$161.53
Costs to cover
1.619%
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; Bybit: live order book, 2 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 ago10.31 bp62.0 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.44 bp15.6 bp −$1640.7 bp −$407500.2 bp −$50.0Kdoesn'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%8h1.4557−0.024%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4576+0.110%$35.9M$6.9M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4559−0.010%$20.9M$25.9M50xas long as short
Bybit GRAMUSDTshort+0.0100%4h1.4562+0.014%$30.7M$13.8M50x
OKX GRAM-USDT-SWAP+0.0100%4h1.4540−0.137%$8.7M$8.4M50xas long as short
Gate GRAM_USDT+0.0100%4h1.45600.000%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.45600.000%$15.5M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4554−0.041%$8.7M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4557−0.021%$7.2M$3.8M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4566+0.041%$44K$12K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4526−0.233%$17K$270K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4500−0.412%$13K$589K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4570+0.069%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4576+0.110%$7K$573K10xas long as short
Phemex GRAMUSDTlong+0.0100%4h1.4560long leg$1.6M$1.7M20x
Extended GRAM-USD+0.0104%1h1.4558−0.011%$150K$103K5xas long as short
Injective GRAM/USDC PERP+0.0132%1h1.4540−0.137%$4K$121K12xas long as short
Aster GRAMUSDT+0.0260%4h1.4562+0.014%$969K$100K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4550−0.069%$1.4M$210K50xas long as short
Lighter GRAM+0.0856%1h1.4593+0.225%$2.8M$2.5M20xas long as short
HTX GRAM-USDT+0.1457%4h1.4593+0.227%$338K$627K30xas long as short