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: Bybit against Bitget−0.063%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$600.597% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.097%−$10 on $10k

Price spread, last 7 days+0.105%+$11 · spread now −0.063%, 7d avg −0.005%

Together, before fees+0.008%+$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: Bybit is 0.058% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRAMUSDT	1.4333	0.0100	pay 0.0050% / 4h	0m 02s	$7.0M	$4.0M	50x
Short	Bybit GRAMUSDT	1.4324	0.0100	get 0.0050% / 4h	0m 02s	$30.3M	$13.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.063%Rate

Funding earned: $0
Price spread: −0.063% → −0.005%: −$5.76
Slippage, 4 orders: −$36.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$65.47
Costs to cover: 0.597%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Bybit: 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 Bitget live order book, 3 min ago	2.79 bp	13.7 bp −$14	27.3 bp −$273	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	3.50 bp	14.5 bp −$14	32.8 bp −$328	574.0 bp −$57.4K	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	+1.095%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4346	+0.088%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4336	+0.019%	$20.2M	$27.2M	50x	as long as short
Bybit GRAMUSDTshort	+0.0100%	4h	1.4324	−0.063%	$30.3M	$13.4M	50x
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4330	−0.021%	$8.6M	$8.0M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4329	−0.028%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4320	−0.091%	$16.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4324	−0.063%	$8.8M	$9.9M	50x	as long as short
Bitget GRAMUSDTlong	+0.0100%	4h	1.4333	long leg	$7.0M	$4.0M	50x
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4339	+0.042%	$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	1.4302	−0.217%	$16K	$276K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4330	−0.021%	$14K	$616K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4310	−0.160%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4346	+0.091%	$6K	$557K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4349	+0.112%	$304K	$639K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4330	−0.021%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4323	−0.072%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4333	−0.003%	$167K	$122K	5x	as long as short
Hyperliquid GRAM	+0.0147%	1h	1.4343	+0.070%	$35.3M	$7.7M	5x	as long as short
Aster GRAMUSDT	+0.0241%	4h	1.4350	+0.119%	$968K	$124K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4320	−0.091%	$1.4M	$242K	50x	as long as short