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 0.000%

Price spread now: MEXC against Binance−0.069%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.106%+$11 · spread now −0.069%, 7d avg −0.011%

Together, before fees+0.106%+$11 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 0.058% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRAMUSDT	1.4370	0.0100	pay 0.0050% / 4h	3h 24m	$20.3M	$27.8M	50x
Short	MEXC GRAM_USDT	1.4360	0.0100	get 0.0050% / 4h	3h 24m	$16.1M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.011%: −$5.77
Slippage, 4 orders: −$18.14
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$37.9
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; MEXC: live order book, 4 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, 2 min ago	3.48 bp	11.9 bp −$12	27.6 bp −$276	396.9 bp −$39.7K	doesn't fit
Sell MEXC live order book, 4 min ago	0.70 bp	8.3 bp −$8	11.8 bp −$118	54.0 bp −$5,396	222.5 bp −$111.3K

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	+0.836%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4363	−0.050%	$2K	$19	5x	as long as short
Binance GRAMUSDTlong	+0.0100%	4h	1.4370	long leg	$20.3M	$27.8M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4367	−0.020%	$30.4M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4370	+0.001%	$8.6M	$8.2M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4367	−0.020%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDTshort	+0.0100%	4h	1.4360	−0.069%	$16.1M	$2.7M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4363	−0.048%	$9.1M	$10.1M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4372	+0.015%	$7.1M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4344	−0.183%	$17K	$274K	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	1.4370	+0.001%	$14K	$614K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4360	−0.069%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4376	+0.043%	$7K	$566K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4379	+0.064%	$327K	$586K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4350	−0.138%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4357	−0.091%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0123%	4h	1.4386	+0.115%	$964K	$126K	50x	as long as short
Lighter GRAM	+0.0248%	1h	1.4380	+0.069%	$2.3M	$2.9M	20x	as long as short
Backpack GRAM_USDC_PERP	+0.0271%	1h	1.4363	−0.048%	$53K	$16K	10x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4350	−0.138%	$1.4M	$232K	50x	as long as short
Hyperliquid GRAM	+0.0942%	1h	1.4396	+0.182%	$35.4M	$7.5M	5x	as long as short