Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Bybit+0.028%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$640.635% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 7 days−0.089%−$9 · spread now +0.028%, 7d avg +0.004%

Together, before fees+0.008%+$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 0.024% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRAMUSDT	1.4351	0.0100	pay 0.0050% / 4h	3h 50m	$30.3M	$14.2M	50x
Short	Bitget GRAMUSDT	1.4355	0.0100	get 0.0050% / 4h	3h 50m	$7.1M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → +0.004%: $2.43
Slippage, 4 orders: −$40.52
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$61.09
Costs to cover: 0.635%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 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 Bybit live order book, 4 min ago	3.48 bp	14.2 bp −$14	33.3 bp −$333	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.83 bp	16.5 bp −$16	32.7 bp −$327	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	+0.969%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0098%	8h	1.4351	+0.003%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4353	+0.016%	$20.3M	$28.9M	50x	as long as short
Bybit GRAMUSDTlong	+0.0100%	4h	1.4351	long leg	$30.3M	$14.2M	50x
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4350	−0.007%	$8.6M	$8.8M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4355	+0.028%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4350	−0.007%	$16.1M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4361	+0.070%	$8.9M	$10.4M	50x	as long as short
Bitget GRAMUSDTshort	+0.0100%	4h	1.4355	+0.028%	$7.1M	$4.2M	50x
edgeX GRAMUSDC	+0.0100%	4h	1.4372	+0.143%	$17K	$274K	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 GRAMUSDT	+0.0100%	1h	1.4380	+0.202%	$14K	$615K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4350	−0.007%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4407	+0.390%	$6K	$612K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4403	+0.362%	$326K	$677K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4350	−0.007%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4351	+0.003%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0106%	4h	1.4374	+0.162%	$963K	$127K	50x	as long as short
Lighter GRAM	+0.0280%	1h	1.4369	+0.125%	$2.3M	$2.9M	20x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4380	+0.202%	$1.4M	$236K	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0376%	1h	1.4362	+0.077%	$53K	$16K	10x	as long as short
Hyperliquid GRAM	+0.0567%	1h	1.4372	+0.148%	$35.3M	$7.5M	5x	as long as short