Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

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 −0.004%

Price spread now: Binance against SunX−0.055%7-day average −0.136% · you buy dearer than you sell

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1381.383% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 3 days (all we have)−0.438%−$44 · spread now −0.055%, 7d avg −0.136%

Together, before fees−0.512%−$51 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: Binance is 0.081% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.136%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GRAM-USDT	1.4576	0.0100	pay 0.0050% / 4h	3h 07m	$6K	$576K	10x
Short	Binance GRAMUSDT	1.4568	0.0100	get 0.0050% / 4h	3h 07m	$21.0M	$26.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → −0.136%: $8.08
Slippage, 4 orders: −$120.28
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$130.2
Costs to cover: 1.383%
Break-even: never at this rate

Slippage from SunX: live order book, 13 min ago; Binance: live order book, 4 min ago.

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 SunX live order book, 13 min ago	32.54 bp	50.9 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	3.44 bp	12.2 bp −$12	24.7 bp −$247	191.9 bp −$19.2K	doesn't fit

GRAM on 21 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	−0.0043%	1h	1.4540	−0.247%	$4K	$121K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4566	−0.066%	$2K	$30	5x	as long as short
Binance GRAMUSDTshort	+0.0100%	4h	1.4568	−0.055%	$21.0M	$26.0M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4569	−0.048%	$30.8M	$14.1M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4560	−0.110%	$8.7M	$8.7M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4571	−0.034%	$3.7M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4560	−0.110%	$15.4M	$2.9M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4564	−0.082%	$9.1M	$10.7M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4565	−0.075%	$7.3M	$3.8M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4572	−0.027%	$44K	$12K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRAMUSDC	+0.0100%	4h	1.4555	−0.142%	$17K	$269K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4550	−0.178%	$14K	$585K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4560	−0.110%	$2K	$1K	10x	as long as short
SunX GRAM-USDTlong	+0.0100%	4h	1.4576	long leg	$6K	$576K	10x
Phemex GRAMUSDT	+0.0100%	4h	1.4570	−0.041%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4567	−0.059%	$149K	$102K	5x	as long as short
Aster GRAMUSDT	+0.0170%	4h	1.4593	+0.118%	$971K	$98K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4540	−0.247%	$1.4M	$209K	50x	as long as short
Lighter GRAM	+0.1200%	1h	1.4599	+0.158%	$2.8M	$2.5M	20x	as long as short
Hyperliquid GRAM	+0.1453%	1h	1.4578	+0.014%	$36.1M	$6.6M	5x	as long as short
HTX GRAM-USDT	+0.1531%	4h	1.4604	+0.192%	$338K	$645K	30x	as long as short