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 +0.001%

Price spread now: Bitget against OKX+0.014%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$520.523% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days−0.007%−$1 · spread now +0.014%, 7d avg +0.059%

Together, before fees+0.026%+$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: Bitget is 0.045% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRAM-USDT-SWAP	1.4320	0.0100	pay 0.0050% / 4h	22m 20s	$8.5M	$8.0M	50x
Short	Bitget GRAMUSDT	1.4322	0.0100	get 0.0050% / 4h	22m 20s	$7.0M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.059%: −$4.48
Slippage, 4 orders: −$30.33
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$56.81
Costs to cover: 0.523%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; Bitget: live order book, 1 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 OKX live order book, 6 min ago	3.49 bp	10.3 bp −$10	28.6 bp −$286	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	0.70 bp	16.2 bp −$16	37.7 bp −$377	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	+1.187%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4338	+0.126%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4317	−0.022%	$20.2M	$27.3M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4307	−0.091%	$30.3M	$13.4M	50x	as long as short
OKX GRAM-USDT-SWAPlong	+0.0100%	4h	1.4320	long leg	$8.5M	$8.0M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4316	−0.028%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4310	−0.070%	$16.2M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4317	−0.021%	$8.8M	$10.1M	50x	as long as short
Bitget GRAMUSDTshort	+0.0100%	4h	1.4322	+0.014%	$7.0M	$4.0M	50x
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4325	+0.035%	$53K	$15K	10x	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	1.4312	−0.059%	$16K	$275K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4320	0.000%	$14K	$616K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4320	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4336	+0.112%	$6K	$560K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4324	+0.028%	$304K	$639K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4310	−0.070%	$1.5M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4318	−0.011%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4314	−0.042%	$168K	$122K	5x	as long as short
Hyperliquid GRAM	+0.0164%	1h	1.4328	+0.057%	$35.3M	$7.7M	5x	as long as short
Aster GRAMUSDT	+0.0217%	4h	1.4339	+0.129%	$967K	$124K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4300	−0.140%	$1.4M	$242K	50x	as long as short