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: KuCoin against SunX−0.083%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$170as in the Price arb table

costs, in and out, $10k−$1731.726% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 3 days (all we have)−0.213%−$21 · spread now −0.083%, 7d avg −0.108%

Together, before fees−0.273%−$27 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: KuCoin is 0.026% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GRAM-USDT	1.4506	0.0100	pay 0.0050% / 4h	2h 27m	$6K	$588K	10x
Short	KuCoin GRAMUSDTM	1.4494	0.0100	get 0.0050% / 4h	2h 27m	$8.6M	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.083%Rate

Funding earned: $0
Price spread: −0.083% → −0.108%: $2.58
Slippage, 4 orders: −$152.63
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$170.06
Costs to cover: 1.726%
Break-even: never at this rate

Slippage from SunX: live order book, 53 min ago; KuCoin: live order book, 6 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, 53 min ago	32.54 bp	50.9 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	1.72 bp	39.6 bp −$40	86.8 bp −$868	doesn't fit	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
Paradex GRAM-USD-PERP	+0.0097%	8h	1.4496	−0.072%	$2K	$30	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4516	+0.069%	$35.8M	$6.9M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4500	−0.041%	$20.6M	$26.5M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4497	−0.062%	$30.6M	$13.9M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4500	−0.041%	$8.7M	$8.5M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4500	−0.041%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4490	−0.110%	$15.4M	$2.8M	20x	as long as short
KuCoin GRAMUSDTMshort	+0.0100%	4h	1.4494	−0.083%	$8.6M	$11.0M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4496	−0.069%	$7.2M	$3.9M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4508	+0.014%	$45K	$13K	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	1.4504	−0.011%	$17K	$271K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4500	−0.041%	$13K	$588K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4490	−0.110%	$2K	$1K	10x	as long as short
SunX GRAM-USDTlong	+0.0100%	4h	1.4506	long leg	$6K	$588K	10x
Phemex GRAMUSDT	+0.0100%	4h	1.4500	−0.041%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4500	−0.043%	$149K	$103K	5x	as long as short
Injective GRAM/USDC PERP	+0.0132%	1h	1.4490	−0.110%	$4K	$143K	12x	as long as short
Aster GRAMUSDT	+0.0247%	4h	1.4510	+0.028%	$965K	$101K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4470	−0.248%	$1.4M	$210K	50x	as long as short
Lighter GRAM	+0.0840%	1h	1.4531	+0.173%	$2.7M	$2.5M	20x	as long as short
HTX GRAM-USDT	+0.1314%	4h	1.4538	+0.221%	$337K	$628K	30x	as long as short