Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: MEXC against ApeX Omni−0.070%66s7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.560% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.070%, 7d avg −0.011%

Together, before fees+0.002%$0 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: MEXC is 0.058% cheaper against ApeX Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.011%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

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	16m 16s	$14K	$617K	50x
Short	MEXC GRAM_USDT	1.4370	0.0100	get 0.0050% / 4h	1h 16m	$16.3M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → −0.011%: −$5.81
Slippage, 4 orders: −$41.95
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$61.77
Costs to cover: 0.560%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 27 min ago; MEXC: live order book, 2 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, 27 min ago	13.92 bp	23.6 bp −$24	128.3 bp −$1,283	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.48 bp	5.5 bp −$5	11.0 bp −$110	66.8 bp −$6,683	292.1 bp −$146.0K

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	1.4393	+0.094%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4372	−0.057%	$20.3M	$27.3M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4370	−0.070%	$30.4M	$13.4M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4380	0.000%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4379	−0.007%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDTshort	+0.0100%	4h	1.4370	−0.070%	$16.3M	$2.7M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4386	+0.042%	$9.0M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4378	−0.014%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4367	−0.090%	$17K	$276K	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	$617K	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	$557K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4409	+0.202%	$324K	$600K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4380	0.000%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4382	+0.015%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4367	−0.090%	$168K	$122K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0158%	1h	1.4390	+0.070%	$53K	$16K	10x	as long as short
Aster GRAMUSDT	+0.0165%	4h	1.4407	+0.189%	$966K	$118K	50x	as long as short
Hyperliquid GRAM	+0.0186%	1h	1.4393	+0.090%	$35.5M	$7.6M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4380	0.000%	$1.4M	$239K	50x	as long as short