Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against ApeX Omni+0.209%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$820.816% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.397%+$40 on $10k

Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.209%, 7d avg −0.008%

Together, before fees+0.248%+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.218% dearer against ApeX Omni than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GRAMUSDT	1.4320	0.0100	pay 0.0013% / 1h	12m 32s	$14K	$616K	50x
Short	BloFin GRAM-USDT	1.4350	0.0340	get 0.0170% / 4h	12m 32s	$1.4M	$243K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against ApeX Omni. 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 ApeX OmnibpFee BloFinbpOrdersPrice spread, now +0.209%Rate

Funding earned: $50.4
Price spread: +0.209% → −0.008%: $21.79
Slippage, 4 orders: −$59.57
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$9.39
Costs to cover: 0.816%
Break-even: 8.3 days

Slippage from ApeX Omni: live order book, 25 min ago; BloFin: 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 ApeX Omni live order book, 25 min ago	13.96 bp	21.7 bp −$22	113.5 bp −$1,135	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	6.98 bp	18.7 bp −$19	28.1 bp −$281	220.5 bp −$22.0K	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	1.4339	+0.130%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4330	+0.070%	$20.2M	$27.3M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4330	+0.070%	$30.3M	$13.4M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4330	+0.070%	$8.5M	$8.0M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4327	+0.049%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4330	+0.070%	$16.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4329	+0.063%	$8.8M	$10.0M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4329	+0.063%	$7.0M	$4.0M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4337	+0.119%	$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	1.4316	−0.026%	$16K	$276K	10x	as long as short
ApeX Omni GRAMUSDTlong	+0.0100%	1h	1.4320	long leg	$14K	$616K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4340	+0.140%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4346	+0.182%	$6K	$559K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4355	+0.244%	$305K	$639K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4320	0.000%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4323	+0.024%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4326	+0.045%	$168K	$122K	5x	as long as short
Hyperliquid GRAM	+0.0153%	1h	1.4340	+0.140%	$35.3M	$7.7M	5x	as long as short
Aster GRAMUSDT	+0.0224%	4h	1.4351	+0.220%	$968K	$124K	50x	as long as short
BloFin GRAM-USDTshort	+0.0340%	4h	1.4350	+0.209%	$1.4M	$243K	50x