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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against ApeX Omni0.000%77s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1781.780% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.146%+$15 · spread now 0.000%, 7d avg −0.001%
Together, before fees+0.146%+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni GRAMUSDT1.41800.0100pay 0.0013% / 1h5m 43s$14K$622K50x
ShortPhemex GRAMUSDT1.41800.0100get 0.0050% / 4h1h 05m$1.6M$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
$0
Price spread: 0.000% → −0.001%
$0.07
Slippage, 4 orders
−$155.97
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$177.9
Costs to cover
1.780%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 40 min ago; Phemex: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 40 min ago10.53 bp19.0 bp −$19119.0 bp −$1,190doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago3.53 bp65.9 bp −$66doesn't fitdoesn't fitdoesn't fit

GRAM on 21 exchanges

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+0.0033%1h1.4490+2.186%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4193+0.094%$2.2M$2.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4173−0.052%$2K$315xas long as short
Hyperliquid GRAM+0.0100%1h1.4194+0.099%$34.7M$6.8M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4174−0.044%$19.9M$24.6M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4170−0.071%$29.6M$12.2M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.41800.000%$8.5M$7.4M50xas long as short
Gate GRAM_USDT+0.0100%4h1.41800.000%$3.6M$3.4M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.41800.000%$15.5M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4183+0.021%$8.8M$8.3M50xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GRAMUSDT+0.0100%4h1.41800.000%$6.9M$3.6M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4191+0.078%$52K$13K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4158−0.155%$16K$273K10xas long as short
ApeX Omni GRAMUSDTlong+0.0100%1h1.4180long leg$14K$622K50x
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4190+0.071%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4206+0.183%$7K$466K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4215+0.247%$289K$506K30xas long as short
Phemex GRAMUSDTshort+0.0100%4h1.41800.000%$1.6M$1.6M20x
Extended GRAM-USD+0.0104%1h1.4169−0.079%$128K$157K5xas long as short
BloFin GRAM-USDT+0.0340%4h1.41800.000%$1.4M$221K50xas long as short
Aster GRAMUSDT+0.0361%4h1.4200+0.143%$957K$115K50xas long as short