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: edgeX against KuCoin−0.182%98s7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1000.996% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.182%, 7d avg −0.064%

Together, before fees+0.061%+ Points / potential airdropedgeX: Active · farm board+$6 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: edgeX is 0.117% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.064%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRAMUSDTM	1.4370	0.0100	pay 0.0050% / 4h	3h 05m	$9.2M	$10.1M	50x
Short	edgeX GRAMUSDC	1.4344	0.0100	get 0.0050% / 4h	3h 05m	$17K	$274K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.182%Rate

Funding earned: $0
Price spread: −0.182% → −0.064%: −$11.7
Slippage, 4 orders: −$78.58
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$111.28
Costs to cover: 0.996%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; edgeX: live order book, 47 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, 8 min ago	2.09 bp	42.9 bp −$43	83.7 bp −$837	doesn't fit	doesn't fit
Sell edgeX live order book, 47 min ago	17.39 bp	21.9 bp −$22	39.7 bp −$397	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	+0.835%	$4K	$143K	12x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4356	−0.096%	$20.3M	$27.5M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4360	−0.070%	$30.4M	$13.6M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4360	−0.070%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4363	−0.049%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4360	−0.070%	$16.1M	$2.7M	20x	as long as short
KuCoin GRAMUSDTMlong	+0.0100%	4h	1.4370	long leg	$9.2M	$10.1M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4359	−0.077%	$7.1M	$4.0M	50x	as long as short
edgeX GRAMUSDCshort	+0.0100%	4h	1.4344	−0.182%	$17K	$274K	10x
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4350	−0.139%	$14K	$614K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4370	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4387	+0.118%	$6K	$561K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4390	+0.139%	$328K	$579K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4370	0.000%	$1.5M	$1.8M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4365	−0.038%	$2K	$19	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4363	−0.051%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0146%	4h	1.4387	+0.118%	$964K	$120K	50x	as long as short
Lighter GRAM	+0.0216%	1h	1.4378	+0.058%	$2.3M	$2.9M	20x	as long as short
Backpack GRAM_USDC_PERP	+0.0302%	1h	1.4373	+0.021%	$53K	$16K	10x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4350	−0.139%	$1.4M	$232K	50x	as long as short
Hyperliquid GRAM	+0.0825%	1h	1.4377	+0.049%	$35.4M	$7.5M	5x	as long as short