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: Gate against Bybit+0.042%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$590.591% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days−0.106%−$11 · spread now +0.042%, 7d avg +0.016%

Together, before fees−0.124%−$12 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: Gate is 0.025% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRAMUSDT	1.4362	0.0100	pay 0.0050% / 4h	3h 54m	$30.3M	$14.2M	50x
Short	Gate GRAM_USDT	1.4368	0.0100	get 0.0050% / 4h	3h 54m	$3.6M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now +0.042%Rate

Funding earned: $0
Price spread: +0.042% → +0.016%: $2.53
Slippage, 4 orders: −$33.13
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$56.6
Costs to cover: 0.591%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Gate: 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 Bybit live order book, 4 min ago	3.48 bp	15.9 bp −$16	37.2 bp −$372	989.0 bp −$98.9K	doesn't fit
Sell Gate live order book, 4 min ago	4.52 bp	13.3 bp −$13	50.2 bp −$502	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	+0.891%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0098%	8h	1.4379	+0.116%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4368	+0.040%	$20.3M	$28.8M	50x	as long as short
Bybit GRAMUSDTlong	+0.0100%	4h	1.4362	long leg	$30.3M	$14.2M	50x
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4370	+0.056%	$8.6M	$8.8M	50x	as long as short
Gate GRAM_USDTshort	+0.0100%	4h	1.4368	+0.042%	$3.6M	$3.4M	75x
MEXC GRAM_USDT	+0.0100%	4h	1.4360	−0.014%	$16.1M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4373	+0.077%	$8.9M	$10.4M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4365	+0.021%	$7.1M	$4.2M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4367	+0.036%	$17K	$273K	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	1.4360	−0.014%	$14K	$614K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4370	+0.056%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4407	+0.313%	$6K	$612K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4392	+0.209%	$326K	$677K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4360	−0.014%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4364	+0.013%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0106%	4h	1.4398	+0.251%	$965K	$127K	50x	as long as short
Lighter GRAM	+0.0304%	1h	1.4374	+0.084%	$2.3M	$2.9M	20x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4380	+0.125%	$1.4M	$232K	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0393%	1h	1.4382	+0.139%	$53K	$16K	10x	as long as short
Hyperliquid GRAM	+0.0510%	1h	1.4382	+0.139%	$35.3M	$7.4M	5x	as long as short