Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Binance against KuCoin+0.052%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

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

costs, in and out, $10k−$700.697% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 7 days−0.093%−$9 · spread now +0.052%, 7d avg −0.034%

Together, before fees−0.106%−$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: Binance is 0.086% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRAMUSDTM	1.4652	0.0100	pay 0.0050% / 4h	3h 32m	$9.2M	$10.7M	50x
Short	Binance GRAMUSDT	1.4660	0.0100	get 0.0050% / 4h	3h 32m	$21.1M	$25.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → −0.034%: $8.57
Slippage, 4 orders: −$47.67
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$61.1
Costs to cover: 0.697%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 14 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 KuCoin live order book, 2 min ago	1.03 bp	20.5 bp −$21	60.2 bp −$602	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	3.41 bp	8.4 bp −$8	21.4 bp −$214	185.9 bp −$18.6K	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	−0.0043%	1h	1.4400	−1.720%	$4K	$99K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4653	+0.005%	$2K	$30	5x	as long as short
Aster GRAMUSDT	+0.0100%	4h	1.4674	+0.153%	$976K	$96K	50x	as long as short
Binance GRAMUSDTshort	+0.0100%	4h	1.4660	+0.052%	$21.1M	$25.2M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4660	+0.055%	$30.9M	$13.5M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4650	−0.014%	$8.7M	$8.7M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4658	+0.041%	$3.8M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4640	−0.082%	$14.8M	$2.7M	20x	as long as short
KuCoin GRAMUSDTMlong	+0.0100%	4h	1.4652	long leg	$9.2M	$10.7M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4660	+0.055%	$7.2M	$3.4M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRAMUSDC	+0.0100%	4h	1.4636	−0.108%	$17K	$270K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4640	−0.082%	$14K	$585K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4660	+0.055%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4677	+0.171%	$7K	$569K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4650	−0.014%	$1.6M	$1.6M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4651	−0.008%	$110K	$62K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0296%	1h	1.4658	+0.041%	$44K	$12K	10x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4620	−0.218%	$1.4M	$180K	50x	as long as short
Lighter GRAM	+0.1328%	1h	1.4689	+0.250%	$2.7M	$2.4M	20x	as long as short
HTX GRAM-USDT	+0.1394%	4h	1.4687	+0.239%	$340K	$643K	30x	as long as short
Hyperliquid GRAM	+0.2243%	1h	1.4684	+0.218%	$36.8M	$6.2M	5x	as long as short