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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.076%
Price spread now: Extended against BloFin−0.098%74s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$670.673% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.474%−$47 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.098%, 7d avg −0.015%
Together, before fees−0.591%+ Points / potential airdropExtended: Active · farm board−$59 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 Extended is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.015%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GRAM-USDT1.43300.0340pay 0.0170% / 4h2h 27m$1.4M$237K50x
ShortExtended GRAM-USD1.43160.0104get 0.0013% / 1h27m 44s$168K$123K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$49.56
Price spread: −0.098% → −0.015%
−$8.32
Slippage, 4 orders
−$50.26
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$125.14
Costs to cover
0.673%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Extended: live order book, 18 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, 5 min ago6.97 bp20.1 bp −$2034.4 bp −$344354.8 bp −$35.5Kdoesn't fit
Sell Extended live order book, 18 min ago5.22 bp16.8 bp −$1782.6 bp −$826doesn't fitdoesn'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+1.117%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4337+0.051%$2.3M$2.9M20xas long as short
Binance GRAMUSDT+0.0100%4h1.4329−0.008%$20.2M$27.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4315−0.105%$30.3M$13.7M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4310−0.140%$8.5M$8.1M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4321−0.063%$3.5M$3.5M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4320−0.070%$16.4M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4319−0.077%$9.0M$10.2M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4324−0.042%$7.0M$4.0M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4334+0.029%$17K$276K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.4350+0.140%$14K$617K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.43300.000%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4376+0.321%$6K$561K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4384+0.377%$330K$584K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.43300.000%$1.5M$1.8M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4314−0.114%$2K$315xas long as short
Extended GRAM-USDshort+0.0104%1h1.4316−0.098%$168K$123K5x
Aster GRAMUSDT+0.0217%4h1.4350+0.138%$962K$119K50xas long as short
BloFin GRAM-USDTlong+0.0340%4h1.4330long leg$1.4M$237K50x
Backpack GRAM_USDC_PERP+0.0407%1h1.4332+0.014%$53K$16K10xas long as short
Hyperliquid GRAM+0.0428%1h1.4341+0.078%$35.3M$7.6M5xas long as short