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: SunX against Gate+0.209%7-day average +0.117% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1511.510% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.124%+$12 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.209%, 7d avg +0.117%

Together, before fees+0.132%+$13 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 0.092% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.117%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GRAM_USDT	1.4356	0.0100	pay 0.0050% / 4h	3h 26m	$3.6M	$3.4M	75x
Short	SunX GRAM-USDT	1.4386	0.0100	get 0.0050% / 4h	3h 26m	$6K	$573K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.209%Rate

Funding earned: $0
Price spread: +0.209% → +0.117%: $9.15
Slippage, 4 orders: −$128.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$141.86
Costs to cover: 1.510%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; SunX: live order book, 54 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 Gate live order book, 1 min ago	5.22 bp	14.5 bp −$15	52.8 bp −$528	doesn't fit	doesn't fit
Sell SunX live order book, 54 min ago	15.98 bp	55.8 bp −$56	doesn't fit	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	+0.933%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4352	−0.027%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4359	+0.023%	$20.3M	$28.1M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4350	−0.042%	$30.3M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4360	+0.028%	$8.6M	$8.3M	50x	as long as short
Gate GRAM_USDTlong	+0.0100%	4h	1.4356	long leg	$3.6M	$3.4M	75x
MEXC GRAM_USDT	+0.0100%	4h	1.4350	−0.042%	$16.1M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4358	+0.014%	$9.1M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4356	0.000%	$7.1M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4378	+0.154%	$17K	$273K	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	1.4390	+0.237%	$14K	$616K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4350	−0.042%	$2K	$1K	10x	as long as short
SunX GRAM-USDTshort	+0.0100%	4h	1.4386	+0.209%	$6K	$573K	10x
HTX GRAM-USDT	+0.0100%	4h	1.4411	+0.383%	$328K	$589K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4340	−0.111%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4356	−0.002%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0127%	4h	1.4378	+0.154%	$964K	$126K	50x	as long as short
Lighter GRAM	+0.0256%	1h	1.4371	+0.106%	$2.3M	$2.9M	20x	as long as short
Backpack GRAM_USDC_PERP	+0.0282%	1h	1.4361	+0.035%	$53K	$16K	10x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4380	+0.167%	$1.4M	$233K	50x	as long as short
Hyperliquid GRAM	+0.0912%	1h	1.4375	+0.136%	$35.4M	$7.5M	5x	as long as short