Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against ApeX Omni−0.007%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$770.770% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.007%, 7d avg +0.018%

Together, before fees+0.014%+$1 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: Bitget is 0.025% cheaper against ApeX Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GRAMUSDT	1.4380	0.0100	pay 0.0013% / 1h	34m 56s	$14K	$618K	50x
Short	Bitget GRAMUSDT	1.4379	0.0100	get 0.0050% / 4h	2h 34m	$7.1M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BitgetbpOrdersPrice spread, now −0.007%Rate

Funding earned: $0
Price spread: −0.007% → +0.018%: −$2.52
Slippage, 4 orders: −$55.01
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$79.52
Costs to cover: 0.770%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 13 min ago; Bitget: live order book, 3 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 ApeX Omni live order book, 13 min ago	13.89 bp	24.6 bp −$25	119.5 bp −$1,195	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.13 bp	16.1 bp −$16	29.8 bp −$298	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
Injective GRAM/USDC PERP	+0.0033%	1h	1.4490	+0.765%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4399	+0.132%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4375	−0.032%	$20.3M	$27.5M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4360	−0.139%	$30.4M	$13.6M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4370	−0.070%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4378	−0.014%	$3.5M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4380	0.000%	$16.5M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4385	+0.035%	$9.2M	$10.2M	50x	as long as short
Bitget GRAMUSDTshort	+0.0100%	4h	1.4379	−0.007%	$7.1M	$4.0M	50x
edgeX GRAMUSDC	+0.0100%	4h	1.4371	−0.062%	$17K	$275K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDTlong	+0.0100%	1h	1.4380	long leg	$14K	$618K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4380	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4407	+0.188%	$6K	$560K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4403	+0.160%	$330K	$584K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4380	0.000%	$1.6M	$1.8M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4384	+0.026%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4379	−0.008%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0219%	4h	1.4390	+0.070%	$965K	$120K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4360	−0.139%	$1.4M	$237K	50x	as long as short
Hyperliquid GRAM	+0.0469%	1h	1.4400	+0.139%	$35.5M	$7.6M	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0472%	1h	1.4394	+0.097%	$53K	$16K	10x	as long as short