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 +0.001%

Price spread now: Gate against OKX+0.097%7-day average +0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

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

costs, in and out, $10k−$610.612% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 7 days−0.105%−$11 · spread now +0.097%, 7d avg +0.071%

Together, before fees−0.187%−$19 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 0.025% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRAM-USDT-SWAP	1.4490	0.0100	pay 0.0050% / 4h	1h 58m	$8.6M	$8.5M	50x
Short	Gate GRAM_USDT	1.4504	0.0100	get 0.0050% / 4h	1h 58m	$3.7M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.097%Rate

Funding earned: $0
Price spread: +0.097% → +0.071%: $2.54
Slippage, 4 orders: −$36.2
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$58.66
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago	3.45 bp	16.9 bp −$17	38.7 bp −$387	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	3.80 bp	14.8 bp −$15	50.3 bp −$503	doesn't fit	doesn't fit

GRAM on 20 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	1.4502	+0.085%	$2K	$19	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4518	+0.193%	$35.7M	$7.4M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4500	+0.068%	$20.6M	$28.0M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4500	+0.069%	$30.8M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAPlong	+0.0100%	4h	1.4490	long leg	$8.6M	$8.5M	50x
Gate GRAM_USDTshort	+0.0100%	4h	1.4504	+0.097%	$3.7M	$3.3M	75x
MEXC GRAM_USDT	+0.0100%	4h	1.4490	0.000%	$15.3M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4502	+0.083%	$8.8M	$10.6M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4501	+0.076%	$7.2M	$4.1M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4495	+0.035%	$53K	$17K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4476	−0.100%	$17K	$274K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4480	−0.069%	$14K	$605K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4500	+0.069%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4518	+0.193%	$7K	$597K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4539	+0.338%	$339K	$621K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4490	0.000%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4504	+0.099%	$169K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0385%	4h	1.4510	+0.138%	$972K	$126K	50x	as long as short
Lighter GRAM	+0.0856%	1h	1.4533	+0.300%	$2.6M	$2.4M	20x	as long as short