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 0.000%

Price spread now: edgeX against MEXC+0.920%98s7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as 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−$540.540% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.970%−$97 · spread now +0.920%, 7d avg −0.021%

Together, before fees−0.970%+ Points / potential airdropedgeX: Active · farm board−$97 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 0.940% dearer against MEXC than usual: you sell high and buy low, +$94 on $10k if it goes back to its 7-day average of −0.021%. 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	MEXC GRAM_USDT	1.4490	0.0100	pay 0.0050% / 4h	3h 01m	$15.5M	$2.7M	20x
Short	edgeX GRAMUSDC	1.4623	0.0100	get 0.0050% / 4h	3h 01m	$17K	$273K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now +0.920%Rate

Funding earned: $0
Price spread: +0.920% → −0.021%: $94.04
Slippage, 4 orders: −$41.02
Fee MEXC: 2 bp × 2 orders: −$4
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $40.02
Costs to cover: 0.540%
Break-even: from the start

Slippage from MEXC: live order book, 2 min ago; edgeX: 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 MEXC live order book, 2 min ago	1.37 bp	3.4 bp −$3	6.2 bp −$62	51.4 bp −$5,137	239.6 bp −$119.8K
Sell edgeX live order book, 6 min ago	17.09 bp	21.6 bp −$22	42.4 bp −$424	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	0.000%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4557	+0.463%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4499	+0.060%	$20.5M	$27.3M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4490	0.000%	$30.9M	$13.9M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4490	0.000%	$8.6M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4489	−0.007%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDTlong	+0.0100%	4h	1.4490	long leg	$15.5M	$2.7M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4486	−0.028%	$8.8M	$10.8M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4500	+0.069%	$7.2M	$4.0M	50x	as long as short
edgeX GRAMUSDCshort	+0.0100%	4h	1.4623	+0.920%	$17K	$273K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4630	+0.966%	$14K	$603K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4510	+0.138%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4647	+1.084%	$6K	$593K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4619	+0.890%	$341K	$625K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4500	+0.069%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4477	−0.089%	$169K	$123K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0201%	1h	1.4498	+0.055%	$53K	$20K	10x	as long as short
Hyperliquid GRAM	+0.0281%	1h	1.4512	+0.152%	$35.8M	$7.0M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4600	+0.759%	$1.4M	$204K	50x	as long as short
Aster GRAMUSDT	+0.0433%	4h	1.4512	+0.153%	$977K	$118K	50x	as long as short
Lighter GRAM	+0.0488%	1h	1.4519	+0.199%	$2.6M	$2.4M	20x	as long as short