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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Extended against edgeX+0.037%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$780.779% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.037%, 7d avg +0.009%
Together, before fees−0.039%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$4 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: Extended is 0.028% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX GRAMUSDC1.43340.0100pay 0.0050% / 4h2h 30m$17K$276K10x
ShortExtended GRAM-USD1.43390.0104get 0.0013% / 1h30m 44s$168K$123K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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
$0.84
Price spread: +0.037% → +0.009%
$2.81
Slippage, 4 orders
−$63.88
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$74.23
Costs to cover
0.779%
Break-even
625.6 days
Slippage from edgeX: live order book, 17 min ago; Extended: live order book, 15 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 edgeX live order book, 17 min ago17.37 bp21.9 bp −$2242.7 bp −$427doesn't fitdoesn't fit
Sell Extended live order book, 15 min ago5.22 bp16.8 bp −$1782.6 bp −$826doesn'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+1.087%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4365+0.219%$2.3M$2.9M20xas long as short
Binance GRAMUSDT+0.0100%4h1.4349+0.104%$20.3M$27.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4349+0.103%$30.3M$13.6M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4340+0.041%$8.6M$8.1M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4346+0.082%$3.5M$3.5M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4350+0.110%$16.5M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4349+0.103%$9.2M$10.2M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4344+0.069%$7.1M$4.0M50xas long as short
edgeX GRAMUSDClong+0.0100%4h1.4334long leg$17K$276K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.4350+0.110%$14K$617K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4350+0.110%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4367+0.229%$6K$560K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4382+0.334%$330K$584K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4350+0.110%$1.5M$1.8M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4343+0.061%$2K$315xas long as short
Extended GRAM-USDshort+0.0104%1h1.4339+0.037%$168K$123K5x
Aster GRAMUSDT+0.0219%4h1.4371+0.256%$963K$119K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4360+0.180%$1.4M$237K50xas long as short
Backpack GRAM_USDC_PERP+0.0438%1h1.4354+0.138%$53K$16K10xas long as short
Hyperliquid GRAM+0.0457%1h1.4365+0.215%$35.4M$7.6M5xas long as short