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 +0.003%

Price spread now: OKX against KuCoin−0.021%7-day average −0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$650.654% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days−0.051%−$5 · spread now −0.021%, 7d avg −0.086%

Together, before fees−0.034%−$3 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: OKX is 0.065% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.086%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRAMUSDTM	1.4453	0.0100	pay 0.0050% / 4h	3h 47m	$8.9M	$10.9M	50x
Short	OKX GRAM-USDT-SWAP	1.4450	0.0100	get 0.0050% / 4h	3h 47m	$8.6M	$8.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → −0.086%: $6.49
Slippage, 4 orders: −$43.38
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$58.89
Costs to cover: 0.654%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; OKX: live order book, 6 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, 1 min ago	1.73 bp	21.8 bp −$22	59.0 bp −$590	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	3.46 bp	12.2 bp −$12	28.9 bp −$289	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	+0.256%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4442	−0.077%	$2K	$30	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4458	+0.035%	$35.6M	$7.0M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4452	−0.007%	$20.4M	$27.0M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4454	+0.007%	$30.6M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAPshort	+0.0100%	4h	1.4450	−0.021%	$8.6M	$8.4M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4453	0.000%	$3.7M	$3.1M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4440	−0.090%	$15.4M	$2.6M	20x	as long as short
KuCoin GRAMUSDTMlong	+0.0100%	4h	1.4453	long leg	$8.9M	$10.9M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4456	+0.021%	$7.2M	$3.9M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4457	+0.028%	$53K	$20K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4443	−0.070%	$17K	$273K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4450	−0.021%	$14K	$600K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4460	+0.048%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4466	+0.090%	$6K	$591K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4450	−0.021%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4453	+0.002%	$169K	$123K	5x	as long as short
Lighter GRAM	+0.0152%	1h	1.4471	+0.128%	$2.6M	$2.4M	20x	as long as short
Aster GRAMUSDT	+0.0180%	4h	1.4480	+0.187%	$975K	$111K	50x	as long as short
HTX GRAM-USDT	+0.0254%	4h	1.4502	+0.339%	$336K	$618K	30x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4450	−0.021%	$1.4M	$205K	50x	as long as short