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
1.5310+0.0096pay 0.0012% / 1h26m 37s$102K$447K50xLong Popdex
SHORT
edgeXGRAMUSDC
1.5270+0.0100get 0.0050% / 4h2h 26m$18K$291K10xShort edgeX
Price gap−0.260%
Funding gap+0.0004% /8h

Funding is ≈ 0 and the gap is 0.204% under its 7d average: the price leg works against you, −$20 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$1+0.0004% /8h now · paid +0.005% over the last 6 days (all we have)
Price−$20spread −0.260% now, avg −0.056% → −0.204% if it goes back
Costs−$780.776% of $10k · taker + slippage, in and out
Result−$97−0.97%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.260%
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 · 4 to watch
  • Watch: Thin at this size18.0 / 20.7 bp
    At $10k entering edgeX costs 20.7 bp, fee and slippage, 1.2× Popdex’s.
  • Note: Margin at max leverage$200 + $1,000
    Popdex 50x, edgeX 10x. 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 edgeX: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.260% vs −0.056%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$18K vs $102K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · edgeX No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0003%/8h × 21 periods+$0.58
Price spread−0.260% → −0.056% (7d avg)−$20.42
Slippage, 4 orderslive order books−$62.18
Fee Popdex bp × 2 orders−$6.40
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$97.42
Costs to cover0.776%Break-even1189.2 days
Slippage: Popdex: live order book, 41 min ago; edgeX: live order book, 40 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex3.2518.0 bp−$18doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTedgeX16.2320.7 bp−$2138.9 bp−$389doesn’t fitdoesn’t fit

Closing costs about the same again.

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