Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.076%
Price spread now: Binance against BloFin−0.099%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$570.566% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.464%−$46 on $10k
Price spread, last 4 days (all we have)−0.438%−$44 · spread now −0.099%, 7d avg +0.016%
Together, before fees−0.901%−$90 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.116% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GRAM-USDT1.45200.0340pay 0.0170% / 4h1h 08m$1.4M$208K50x
ShortBinance GRAMUSDT1.45060.0100get 0.0050% / 4h1h 08m$20.7M$28.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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

Funding earned
−$50.4
Price spread: −0.099% → +0.016%
−$11.56
Slippage, 4 orders
−$34.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$118.56
Costs to cover
0.566%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago10.36 bp16.4 bp −$1627.3 bp −$273297.9 bp −$29.8Kdoesn't fit
Sell Binance live order book, 2 min ago3.45 bp8.7 bp −$927.1 bp −$271252.7 bp −$25.3Kdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.4490−0.207%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4512−0.055%$2K$195xas long as short
Binance GRAMUSDTshort+0.0100%4h1.4506−0.099%$20.7M$28.1M50x
Bybit GRAMUSDT+0.0100%4h1.4485−0.241%$30.7M$13.8M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4500−0.138%$8.7M$8.6M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4513−0.048%$3.6M$3.4M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4510−0.069%$15.3M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4510−0.069%$8.8M$10.4M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4511−0.062%$7.2M$4.1M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4516−0.028%$54K$16K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4477−0.296%$17K$273K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4490−0.207%$14K$608K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4510−0.069%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4558+0.262%$7K$596K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4578+0.399%$340K$620K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4510−0.069%$1.5M$1.8M20xas long as short
Extended GRAM-USD+0.0104%1h1.4506−0.095%$169K$123K5xas long as short
Aster GRAMUSDT+0.0339%4h1.45200.000%$973K$126K50xas long as short
BloFin GRAM-USDTlong+0.0340%4h1.4520long leg$1.4M$208K50x
Hyperliquid GRAM+0.0341%1h1.4525+0.034%$35.8M$7.2M5xas long as short
Lighter GRAM+0.0824%1h1.4541+0.147%$2.6M$2.4M20xas long as short