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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%
Price spread now: SunX against Extended+0.211%7-day average +0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1521.521% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.211%, 7d avg +0.170%
Together, before fees+0.110%+ Points / potential airdropExtended: Active · farm board+$11 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: SunX is 0.041% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.170%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRAM-USD1.43570.0104pay 0.0013% / 1h46m 21s$168K$123K5x
ShortSunX GRAM-USDT1.43870.0100get 0.0050% / 4h1h 46m$7K$561K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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: +0.211% → +0.170%
$4.07
Slippage, 4 orders
−$139.13
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$148.9
Costs to cover
1.521%
Break-even
never at this rate
Slippage from Extended: live order book, 59 min ago; SunX: 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 Extended live order book, 59 min ago5.22 bp17.3 bp −$1781.2 bp −$812doesn't fitdoesn't fit
Sell SunX live order book, 15 min ago32.83 bp67.0 bp −$67doesn't fitdoesn'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+0.928%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4378+0.151%$2.3M$2.9M20xas long as short
Hyperliquid GRAM+0.0100%1h1.4366+0.065%$35.4M$7.6M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4360+0.023%$20.3M$27.4M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4350−0.047%$30.4M$13.5M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4360+0.023%$8.6M$8.1M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4357+0.002%$3.6M$3.4M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4360+0.023%$16.3M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4355−0.012%$9.0M$10.2M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4357+0.002%$7.0M$4.0M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4371+0.099%$53K$16K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4363+0.043%$17K$276K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4370+0.092%$14K$616K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4360+0.023%$2K$1K10xas long as short
SunX GRAM-USDTshort+0.0100%4h1.4387+0.211%$7K$561K10x
HTX GRAM-USDT+0.0100%4h1.4389+0.225%$330K$588K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4360+0.023%$1.5M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4361+0.028%$2K$315xas long as short
Extended GRAM-USDlong+0.0104%1h1.4357long leg$168K$123K5x
Aster GRAMUSDT+0.0162%4h1.4380+0.162%$964K$118K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4360+0.023%$1.4M$239K50xas long as short