Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

GRAM

All GRAM markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PopdexGRAMUSDT
1.5080+0.0096pay 0.0012% / 1h46m 11s$110K$400K50xLong Popdex
SHORT
BybitGRAMUSDT
1.5100+0.0100get 0.0050% / 4h3h 46m$36.3M$29.4M50xShort Bybit
Price gap+0.133%
Funding gap+0.0004% /8h

Funding is ≈ 0, so this is a price-spread trade: +$16 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$3+0.0004% /8h now · paid +0.029% over the last 7D
Price+$16spread +0.133% now, avg −0.023% → +0.155% if it goes back
Costs−$540.537% of $10k · taker + slippage, in and out
Result−$35−0.35%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.133%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

GRAM on 22 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • OK: Fits both order books14.0 / 10.8 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $200
    Popdex 50x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short Bybit: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.133% vs −0.023%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$110K vs $36.3M OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPopdex No · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0015%/8h × 21 periods+$3.18
Price spread+0.133% → −0.023% (7d avg)+$15.52
Slippage, 4 orderslive order books−$36.30
Fee Popdex bp × 2 orders−$6.40
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$35.01
Costs to cover0.537%Break-even84.0 days
Slippage: Popdex: live order book, 6 min ago; Bybit: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex3.3114.0 bp−$14217.1 bp−$2,171doesn’t fitdoesn’t fit
SELL · SHORTBybit3.3210.8 bp−$1135.8 bp−$358323.0 bp−$32.3Kdoesn’t fit

Closing costs about the same again.

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