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 −0.004%

Price spread now: KuCoin against Bitget−0.035%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$680.683% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days+0.059%+$6 · spread now −0.035%, 7d avg +0.026%

Together, before fees+0.009%+$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: KuCoin is 0.060% 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 +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRAMUSDT	1.4476	0.0100	pay 0.0050% / 4h	3h 29m	$7.2M	$3.8M	50x
Short	KuCoin GRAMUSDTM	1.4471	0.0100	get 0.0050% / 4h	3h 29m	$8.9M	$10.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → +0.026%: −$6.03
Slippage, 4 orders: −$44.3
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$74.33
Costs to cover: 0.683%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; KuCoin: 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, 4 min ago	2.07 bp	10.8 bp −$11	23.5 bp −$235	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	1.73 bp	21.2 bp −$21	55.8 bp −$558	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	+0.097%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4462	−0.096%	$2K	$30	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4490	+0.097%	$35.7M	$6.9M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4470	−0.041%	$20.4M	$26.9M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4474	−0.014%	$30.6M	$13.6M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4460	−0.111%	$8.6M	$8.3M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4470	−0.041%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4460	−0.111%	$15.4M	$2.6M	20x	as long as short
KuCoin GRAMUSDTMshort	+0.0100%	4h	1.4471	−0.035%	$8.9M	$10.8M	50x
Bitget GRAMUSDTlong	+0.0100%	4h	1.4476	long leg	$7.2M	$3.8M	50x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4475	−0.007%	$53K	$20K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4463	−0.087%	$17K	$273K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4460	−0.111%	$14K	$600K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4460	−0.111%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4487	+0.076%	$6K	$590K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4460	−0.111%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4467	−0.062%	$169K	$123K	5x	as long as short
HTX GRAM-USDT	+0.0220%	4h	1.4523	+0.325%	$337K	$613K	30x	as long as short
Aster GRAMUSDT	+0.0234%	4h	1.4497	+0.144%	$976K	$110K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4470	−0.041%	$1.4M	$202K	50x	as long as short
Lighter GRAM	+0.0344%	1h	1.4484	+0.058%	$2.6M	$2.4M	20x	as long as short