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 0.000%

Price spread now: edgeX against Binance−0.173%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$650.645% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.173%, 7d avg −0.037%

Together, before fees+0.006%+ Points / potential airdropedgeX: Active · farm board+$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: edgeX is 0.136% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRAMUSDT	1.4610	0.0100	pay 0.0050% / 4h	2h 43m	$20.7M	$27.7M	50x
Short	edgeX GRAMUSDC	1.4585	0.0100	get 0.0050% / 4h	2h 43m	$17K	$274K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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 BinancebpFee edgeXbpOrdersPrice spread, now −0.173%Rate

Funding earned: $0
Price spread: −0.173% → −0.037%: −$13.62
Slippage, 4 orders: −$45.55
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$78.17
Costs to cover: 0.645%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; edgeX: live order book, 24 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 Binance live order book, 13 min ago	3.45 bp	8.5 bp −$8	23.1 bp −$231	244.2 bp −$24.4K	doesn't fit
Sell edgeX live order book, 24 min ago	17.09 bp	21.6 bp −$22	42.4 bp −$424	doesn't fit	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	−0.821%	$4K	$143K	12x	as long as short
Binance GRAMUSDTlong	+0.0100%	4h	1.4610	long leg	$20.7M	$27.7M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4610	0.000%	$31.1M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4590	−0.137%	$8.7M	$8.7M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4629	+0.130%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4630	+0.137%	$15.7M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4618	+0.055%	$8.9M	$10.8M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4623	+0.089%	$7.3M	$4.1M	50x	as long as short
edgeX GRAMUSDCshort	+0.0100%	4h	1.4585	−0.173%	$17K	$274K	10x
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4580	−0.205%	$14K	$604K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4610	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4635	+0.171%	$7K	$596K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4638	+0.192%	$341K	$617K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4600	−0.068%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4630	+0.137%	$2K	$19	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4612	+0.015%	$171K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0284%	1h	1.4645	+0.240%	$36.1M	$7.2M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4570	−0.274%	$1.4M	$203K	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0423%	1h	1.4640	+0.205%	$54K	$20K	10x	as long as short
Aster GRAMUSDT	+0.0498%	4h	1.4630	+0.137%	$985K	$124K	50x	as long as short
Lighter GRAM	+0.0744%	1h	1.4647	+0.251%	$2.6M	$2.4M	20x	as long as short