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−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Bitget against BloFin+0.213%75s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.646% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.407%−$41 on $10k
Price spread, last 3 days (all we have)−0.299%−$30 · spread now +0.213%, 7d avg +0.020%
Together, before fees−0.706%−$71 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.192% dearer against BloFin than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of +0.020%): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.7 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GRAM-USDT1.45700.0340pay 0.0170% / 4h2h 47m$1.4M$203K50x
ShortBitget GRAMUSDT1.46010.0100get 0.0050% / 4h2h 47m$7.3M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$50.4
Price spread: +0.213% → +0.020%
$19.23
Slippage, 4 orders
−$40.62
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$95.79
Costs to cover
0.646%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 5 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 BloFin live order book, 5 min ago6.89 bp19.7 bp −$2030.8 bp −$308261.1 bp −$26.1Kdoesn't fit
Sell Bitget live order book, 5 min ago3.10 bp15.9 bp −$1636.0 bp −$360doesn't fitdoesn't fit

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%1h1.4490−0.549%$4K$143K12xas long as short
Binance GRAMUSDT+0.0100%4h1.4599+0.196%$20.6M$27.6M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4595+0.172%$31.1M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4590+0.137%$8.7M$8.7M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4596+0.178%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4590+0.137%$15.7M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4598+0.192%$8.9M$10.8M50xas long as short
Bitget GRAMUSDTshort+0.0100%4h1.4601+0.213%$7.3M$4.1M50x
edgeX GRAMUSDC+0.0100%4h1.4488−0.563%$17K$272K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4520−0.343%$14K$604K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4580+0.069%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4576+0.041%$7K$596K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4548−0.151%$339K$625K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4580+0.069%$1.6M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4580+0.070%$2K$195xas long as short
Extended GRAM-USD+0.0104%1h1.4587+0.118%$170K$123K5xas long as short
Hyperliquid GRAM+0.0182%1h1.4615+0.309%$36.0M$7.1M5xas long as short
BloFin GRAM-USDTlong+0.0340%4h1.4570long leg$1.4M$203K50x
Aster GRAMUSDT+0.0483%4h1.4610+0.275%$984K$124K50xas long as short
Backpack GRAM_USDC_PERP+0.0511%1h1.4600+0.206%$54K$20K10xas long as short
Lighter GRAM+0.0768%1h1.4618+0.328%$2.6M$2.4M20xas long as short