Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: KuCoin against ApeX Omni+0.195%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$790.794% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.195%, 7d avg +0.038%

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 0.157% dearer against ApeX Omni than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GRAMUSDT	1.4350	0.0100	pay 0.0013% / 1h	37m 32s	$14K	$611K	50x
Short	KuCoin GRAMUSDTM	1.4378	0.0100	get 0.0050% / 4h	37m 32s	$8.7M	$10.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.195%Rate

Funding earned: $0
Price spread: +0.195% → +0.038%: $15.73
Slippage, 4 orders: −$57.43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$63.69
Costs to cover: 0.794%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 20 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 ApeX Omni live order book, 20 min ago	13.85 bp	22.3 bp −$22	110.1 bp −$1,101	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	2.43 bp	13.6 bp −$14	51.2 bp −$512	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	+0.976%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4394	+0.307%	$2.3M	$2.9M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0097%	8h	1.4384	+0.240%	$2K	$19	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4395	+0.316%	$35.4M	$7.3M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4373	+0.157%	$20.4M	$28.5M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4367	+0.118%	$30.2M	$14.1M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4370	+0.139%	$8.6M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4391	+0.286%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4380	+0.209%	$15.0M	$2.6M	20x	as long as short
KuCoin GRAMUSDTMshort	+0.0100%	4h	1.4378	+0.195%	$8.7M	$10.5M	50x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRAMUSDT	+0.0100%	4h	1.4384	+0.237%	$7.1M	$4.2M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4364	+0.095%	$17K	$273K	10x	as long as short
ApeX Omni GRAMUSDTlong	+0.0100%	1h	1.4350	long leg	$14K	$611K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4370	+0.139%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4388	+0.265%	$6K	$604K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4428	+0.544%	$336K	$636K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4380	+0.209%	$1.5M	$1.8M	20x	as long as short
Backpack GRAM_USDC_PERP	+0.0103%	1h	1.4391	+0.286%	$53K	$16K	10x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4383	+0.231%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0214%	4h	1.4411	+0.423%	$966K	$126K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4360	+0.070%	$1.4M	$228K	50x	as long as short