Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

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 +0.003%

Price spread now: OKX against Binance−0.099%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$510.512% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.099%, 7d avg −0.051%

Together, before fees+0.100%+$10 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: OKX is 0.047% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRAMUSDT	1.4494	0.0100	pay 0.0050% / 4h	2h 00m	$20.5M	$26.7M	50x
Short	OKX GRAM-USDT-SWAP	1.4480	0.0100	get 0.0050% / 4h	2h 00m	$8.6M	$8.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.099%Rate

Funding earned: $0
Price spread: −0.099% → −0.051%: −$4.75
Slippage, 4 orders: −$31.24
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$55.99
Costs to cover: 0.512%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; OKX: live order book, 3 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, 11 min ago	3.45 bp	11.2 bp −$11	25.9 bp −$259	207.8 bp −$20.8K	doesn't fit
Sell OKX live order book, 3 min ago	3.45 bp	12.0 bp −$12	28.4 bp −$284	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
Paradex GRAM-USD-PERP	+0.0098%	8h	1.4491	−0.022%	$2K	$30	5x	as long as short
Binance GRAMUSDTlong	+0.0100%	4h	1.4494	long leg	$20.5M	$26.7M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4499	+0.032%	$30.7M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAPshort	+0.0100%	4h	1.4480	−0.099%	$8.6M	$8.5M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4496	+0.012%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4490	−0.030%	$15.4M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4495	+0.005%	$8.7M	$10.9M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4498	+0.025%	$7.2M	$3.9M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4502	+0.053%	$45K	$13K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4470	−0.167%	$17K	$271K	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	1.4480	−0.099%	$13K	$593K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4490	−0.030%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4506	+0.081%	$6K	$592K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4490	−0.030%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4493	−0.012%	$169K	$123K	5x	as long as short
Injective GRAM/USDC PERP	+0.0132%	1h	1.4490	−0.030%	$4K	$143K	12x	as long as short
Hyperliquid GRAM	+0.0205%	1h	1.4514	+0.136%	$35.8M	$6.9M	5x	as long as short
Aster GRAMUSDT	+0.0238%	4h	1.4510	+0.108%	$965K	$102K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4500	+0.039%	$1.4M	$210K	50x	as long as short
Lighter GRAM	+0.0752%	1h	1.4525	+0.211%	$2.7M	$2.5M	20x	as long as short
HTX GRAM-USDT	+0.0859%	4h	1.4523	+0.198%	$337K	$629K	30x	as long as short