Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

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 0.000%

Price spread now: SunX against Phemex+0.117%7-day average +0.147% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on SunX

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)+0.019%+$2 · spread now +0.117%, 7d avg +0.147%

Together, before fees+0.019%+$2 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: SunX is 0.030% cheaper against Phemex than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.147%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex GRAMUSDT	1.4590	0.0100	pay 0.0050% / 4h	2h 25m	$1.6M	$1.7M	20x
Short	SunX GRAM-USDT	1.4607	0.0100	get 0.0050% / 4h	2h 25m	$7K	$596K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee PhemexbpFee SunXbpOrdersPrice spread, now +0.117%Rate

Funding earned: $0
Price spread: +0.117% → +0.147%: −$3.02
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$23.02
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 3 min ago; SunX: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 3 min ago	13.72 bp	70.7 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 16 min ago	500.19 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

GRAM on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GRAM/USDC PERP	+0.0033%	1h	1.4490	−0.685%	$4K	$143K	12x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4580	−0.069%	$20.6M	$27.8M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4570	−0.137%	$31.0M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4580	−0.069%	$8.7M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4587	−0.021%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4580	−0.069%	$15.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4588	−0.014%	$8.9M	$10.7M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4584	−0.041%	$7.3M	$4.1M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4564	−0.177%	$17K	$272K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4540	−0.343%	$14K	$606K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4590	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDTshort	+0.0100%	4h	1.4607	+0.117%	$7K	$596K	10x
HTX GRAM-USDT	+0.0100%	4h	1.4621	+0.212%	$341K	$621K	30x	as long as short
Phemex GRAMUSDTlong	+0.0100%	4h	1.4590	long leg	$1.6M	$1.7M	20x
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4575	−0.099%	$2K	$19	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4576	−0.096%	$170K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0223%	1h	1.4599	+0.062%	$36.0M	$7.4M	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0437%	1h	1.4599	+0.062%	$54K	$20K	10x	as long as short
Aster GRAMUSDT	+0.0481%	4h	1.4587	−0.020%	$978K	$126K	50x	as long as short
Lighter GRAM	+0.0728%	1h	1.4611	+0.141%	$2.6M	$2.4M	20x	as long as short