Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Orderly−0.041%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% cheaper against Orderly than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_GRAM_USDC_mythos1.44600.0100pay 0.0050% / 4h1h 18m$2K$1K10x
ShortBybit GRAMUSDT1.44540.0100get 0.0050% / 4h1h 18m$30.6M$14.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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

Funding earned
$0
Price spread: −0.041% → 0.000%
−$4.15
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$21.15
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Bybit live order book, 5 min ago3.46 bp11.6 bp −$1228.3 bp −$283440.1 bp −$44.0Kdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP−0.0387%1h1.4490+0.207%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0099%8h1.4454−0.043%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4469+0.062%$35.6M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4456−0.029%$20.4M$26.8M50xas long as short
Bybit GRAMUSDTshort+0.0100%4h1.4454−0.041%$30.6M$14.0M50x
OKX GRAM-USDT-SWAP+0.0100%4h1.4450−0.069%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.44600.000%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.44600.000%$15.4M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4457−0.021%$8.9M$11.0M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4458−0.014%$7.1M$3.8M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4464+0.028%$43K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4457−0.022%$17K$271K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.44600.000%$13K$589K50xas long as short
Orderly PERP_GRAM_USDC_mythoslong+0.0100%4h1.4460long leg$2K$1K10x
SunX GRAM-USDT+0.0100%4h1.4467+0.048%$6K$593K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.44600.000%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4457−0.019%$169K$123K5xas long as short
Aster GRAMUSDT+0.0183%4h1.4479+0.128%$963K$99K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4440−0.138%$1.4M$215K50xas long as short
HTX GRAM-USDT+0.0419%4h1.4496+0.249%$335K$624K30xas long as short
Lighter GRAM+0.0568%1h1.4489+0.202%$2.7M$2.3M20xas long as short