Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.004%
Price spread now: Aster against ApeX Omni+0.184%89s7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$810.806% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.184%, 7d avg +0.082%
Together, before fees−0.099%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.102% dearer against ApeX Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.082%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni GRAMUSDT1.44600.0100pay 0.0013% / 1h34m 11s$14K$600K50x
ShortAster GRAMUSDT1.44870.0220get 0.0110% / 4h3h 34m$975K$110K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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

Funding earned
$25.1
Price spread: +0.184% → +0.082%
$10.16
Slippage, 4 orders
−$62.64
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$45.38
Costs to cover
0.806%
Break-even
19.7 days
Slippage from ApeX Omni: live order book, 39 min ago; Aster: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 39 min ago13.83 bp22.3 bp −$22117.8 bp −$1,178doesn't fitdoesn't fit
Sell Aster live order book, 39 min ago6.90 bp16.4 bp −$1689.5 bp −$895doesn't fitdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.4490+0.207%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4459−0.009%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4481+0.145%$35.6M$6.9M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4463+0.023%$20.4M$26.9M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4464+0.028%$30.6M$13.6M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4450−0.069%$8.6M$8.3M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4466+0.041%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.44600.000%$15.4M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4466+0.041%$8.9M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4464+0.028%$7.2M$3.8M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4472+0.083%$53K$20K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4467+0.045%$17K$272K10xas long as short
ApeX Omni GRAMUSDTlong+0.0100%1h1.4460long leg$14K$600K50x
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.44600.000%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4487+0.187%$6K$592K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.44600.000%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4459−0.004%$169K$123K5xas long as short
HTX GRAM-USDT+0.0219%4h1.4522+0.429%$337K$613K30xas long as short
Aster GRAMUSDTshort+0.0220%4h1.4487+0.184%$975K$110K50x
Lighter GRAM+0.0288%1h1.4482+0.153%$2.6M$2.4M20xas long as short
BloFin GRAM-USDT+0.0340%4h1.4470+0.069%$1.4M$202K50xas long as short