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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Backpack against ApeX Omni−0.090%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.090% cheaper against ApeX Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni GRAMUSDT1.43900.0100pay 0.0013% / 1h6m 56s$13K$583K50x
ShortBackpack GRAM_USDC_PERP1.43770.0100get 0.0013% / 1h6m 56s$43K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack 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
$0
Price spread: −0.090% → 0.000%
−$9.03
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$29.03
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 25 min ago; Backpack: no order-book sample. Net counts fees only.

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, 25 min ago13.91 bp23.4 bp −$23131.2 bp −$1,312doesn't fitdoesn't fit
Sell Backpack no order-book sample
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.4400+0.069%$4K$129K12xas long as short
Paradex GRAM-USD-PERP+0.0096%8h1.4383−0.045%$2K$305xas long as short
Aster GRAMUSDT+0.0100%4h1.4397+0.046%$957K$86K50xas long as short
Binance GRAMUSDT+0.0100%4h1.4371−0.134%$20.3M$22.1M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4370−0.139%$30.0M$11.8M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4370−0.139%$8.6M$7.6M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4376−0.097%$3.5M$2.8M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4370−0.139%$14.6M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4374−0.111%$9.0M$10.5M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4376−0.097%$6.9M$3.1M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERPshort+0.0100%1h1.4377−0.090%$43K$12K10x
edgeX GRAMUSDC+0.0100%4h1.4385−0.031%$17K$269K10xas long as short
ApeX Omni GRAMUSDTlong+0.0100%1h1.4390long leg$13K$583K50x
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4380−0.069%$3K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4407+0.118%$7K$516K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4428+0.264%$335K$630K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4370−0.139%$1.6M$1.5M20xas long as short
Extended GRAM-USD+0.0104%1h1.4372−0.123%$108K$62K5xas long as short
Lighter GRAM+0.0328%1h1.4401+0.079%$2.6M$2.1M20xas long as short
BloFin GRAM-USDT+0.0340%4h1.4360−0.208%$1.4M$157K50xas long as short
Hyperliquid GRAM+0.0794%1h1.4401+0.077%$34.1M$4.2M5xas long as short