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 −0.003%

Price spread now: MEXC against OKX0.000%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$390.389% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days+0.037%+$4 · spread now 0.000%, 7d avg +0.043%

Together, before fees+0.013%+$1 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: MEXC is 0.043% 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 +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRAM-USDT-SWAP	1.4380	0.0100	pay 0.0050% / 4h	1h 16m	$8.6M	$8.1M	50x
Short	MEXC GRAM_USDT	1.4380	0.0100	get 0.0050% / 4h	1h 16m	$16.3M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.043%: −$4.25
Slippage, 4 orders: −$24.87
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$43.13
Costs to cover: 0.389%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago	3.48 bp	12.7 bp −$13	30.1 bp −$301	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.48 bp	5.5 bp −$5	11.0 bp −$110	66.8 bp −$6,683	292.1 bp −$146.0K

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	+0.765%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4400	+0.136%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4385	+0.032%	$20.3M	$27.3M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4376	−0.028%	$30.4M	$13.4M	50x	as long as short
OKX GRAM-USDT-SWAPlong	+0.0100%	4h	1.4380	long leg	$8.6M	$8.1M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4383	+0.021%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDTshort	+0.0100%	4h	1.4380	0.000%	$16.3M	$2.7M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4382	+0.014%	$9.0M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4387	+0.049%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4367	−0.090%	$17K	$276K	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	1.4380	0.000%	$14K	$617K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4380	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4407	+0.188%	$6K	$557K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4406	+0.181%	$324K	$600K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4380	0.000%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4383	+0.019%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4381	+0.007%	$168K	$122K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0158%	1h	1.4390	+0.070%	$53K	$16K	10x	as long as short
Aster GRAMUSDT	+0.0163%	4h	1.4404	+0.168%	$966K	$118K	50x	as long as short
Hyperliquid GRAM	+0.0185%	1h	1.4399	+0.132%	$35.5M	$7.6M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4380	0.000%	$1.4M	$239K	50x	as long as short