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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0289%/8h= −31.7% APRnext payment $1.45 per $10,000 · paid last 24h −0.008%
Price spread now: edgeX against Aster−0.117%60s7-day average −0.101% · you buy dearer than you sell
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−$740.736% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.117%, 7d avg −0.101%
Together, before fees−0.162%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.101%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.043% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GRAMUSDT1.45090.0389pay 0.0195% / 4h2h 00m$972K$126K50x
ShortedgeX GRAMUSDC1.44920.0100get 0.0050% / 4h2h 00m$17K$274K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
−$60.72
Price spread: −0.117% → −0.101%
−$1.59
Slippage, 4 orders
−$56.64
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$135.96
Costs to cover
0.736%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; edgeX: live order book, 2 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 Aster live order book, 2 min ago3.44 bp12.8 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago17.25 bp21.7 bp −$2239.3 bp −$393doesn't fitdoesn't fit

GRAM on 20 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%1h1.4490−0.130%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4482−0.185%$2K$195xas long as short
Binance GRAMUSDT+0.0100%4h1.4485−0.163%$20.5M$28.0M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4475−0.234%$30.7M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4480−0.199%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4489−0.137%$3.7M$3.3M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4480−0.199%$15.3M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4491−0.123%$8.8M$10.6M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4487−0.151%$7.2M$4.1M50xas long as short
edgeX GRAMUSDCshort+0.0100%4h1.4492−0.117%$17K$274K10x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.4490−0.130%$14K$605K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4480−0.199%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4519+0.070%$7K$599K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4532+0.159%$339K$621K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4480−0.199%$1.5M$1.8M20xas long as short
Extended GRAM-USD+0.0104%1h1.4482−0.188%$169K$123K5xas long as short
Hyperliquid GRAM+0.0144%1h1.4498−0.075%$35.7M$7.4M5xas long as short
Backpack GRAM_USDC_PERP+0.0304%1h1.4492−0.116%$53K$17K10xas long as short
Aster GRAMUSDTlong+0.0389%4h1.4509long leg$972K$126K50x
Lighter GRAM+0.0632%1h1.4513+0.028%$2.6M$2.4M20xas long as short