Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Gate against KuCoin+0.007%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$740.736% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 7 days−0.070%−$7 · spread now +0.007%, 7d avg −0.014%

Together, before fees−0.134%−$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: Gate is 0.021% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRAMUSDTM	1.4625	0.0100	pay 0.0050% / 4h	3h 04m	$8.9M	$10.8M	50x
Short	Gate GRAM_USDT	1.4626	0.0100	get 0.0050% / 4h	3h 04m	$3.7M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → −0.014%: $2.06
Slippage, 4 orders: −$46.62
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$71.56
Costs to cover: 0.736%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago	3.42 bp	21.2 bp −$21	68.2 bp −$682	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	5.13 bp	16.8 bp −$17	46.2 bp −$462	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	−0.923%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4619	−0.038%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4624	−0.007%	$20.7M	$27.1M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4620	−0.034%	$31.1M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4620	−0.034%	$8.7M	$8.6M	50x	as long as short
Gate GRAM_USDTshort	+0.0100%	4h	1.4626	+0.007%	$3.7M	$3.3M	75x
MEXC GRAM_USDT	+0.0100%	4h	1.4620	−0.034%	$15.7M	$2.7M	20x	as long as short
KuCoin GRAMUSDTMlong	+0.0100%	4h	1.4625	long leg	$8.9M	$10.8M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4625	0.000%	$7.3M	$3.9M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4623	−0.012%	$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	1.4640	+0.103%	$14K	$603K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4620	−0.034%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4637	+0.082%	$7K	$592K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4667	+0.287%	$342K	$625K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4610	−0.103%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4619	−0.043%	$171K	$123K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0216%	1h	1.4628	+0.021%	$54K	$20K	10x	as long as short
Hyperliquid GRAM	+0.0281%	1h	1.4644	+0.130%	$36.1M	$7.0M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4600	−0.171%	$1.4M	$204K	50x	as long as short
Aster GRAMUSDT	+0.0430%	4h	1.4655	+0.202%	$987K	$115K	50x	as long as short
Lighter GRAM	+0.0496%	1h	1.4651	+0.175%	$2.6M	$2.4M	20x	as long as short