GRAM

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.612%

7d average—if it closes, per $10,000$61funding while held, a day−$50.13

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRAMUSDT	1.4378	0.0100	pay 0.0050% / 4h	1h 31m	$30.0M	$11.9M	50x
Short	Injective GRAM/USDC PERP	1.4290	−0.1571	pay 0.0196% / 1h	31m 17s	$4K	$54K	12x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee BybitbpFee InjectivebpOrdersClose when spread is

Spread captured: −$61.2
Funding while held: −$50.13
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$122.36
Spread needed to break even: 0.110%

Slippage unknown: Bybit: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.1671%
Per $10,000 a day: −$50.13
Average in range /8h: —

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	14.8 bp −$15	32.4 bp −$324	524.8 bp −$52.5K	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GRAM price on every exchange

against the cheapest. Click to use as the short leg.

Injective1.4290cheapest

OKX1.4370+0.560%edgeX1.4373+0.581%

Bybit1.4378+0.616%

MEXC1.4380+0.630%ApeX Omni1.4380+0.630%Phemex1.4380+0.630%BloFin1.4380+0.630%Paradex1.4383+0.649%KuCoin1.4383+0.651%Binance1.4385+0.665%Gate1.4386+0.672%Bitget1.4387+0.679%Extended1.4390+0.698%Backpack1.4390+0.700%Orderly1.4390+0.700%Aster1.4398+0.759%Lighter1.4404+0.794%SunX1.4407+0.819%Hyperliquid1.4408+0.826%HTX1.4415+0.875%

GRAM on 21 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective GRAM/USDC PERPshort	−0.612%	−0.1571%	1h	$4K	$54K	12x
OKX GRAM-USDT-SWAP	−0.056%	+0.0100%	4h	$8.7M	$7.6M	50x	as long as short
edgeX GRAMUSDC	−0.035%	+0.0100%	4h	$16K	$270K	10x	as long as short
Bybit GRAMUSDTlong	0.000%	+0.0100%	4h	$30.0M	$11.9M	50x
MEXC GRAM_USDT	+0.014%	+0.0100%	4h	$14.9M	$2.6M	20x	as long as short
ApeX Omni GRAMUSDT	+0.014%	+0.0100%	1h	$11K	$573K	50x	as long as short
Phemex GRAMUSDT	+0.014%	+0.0100%	4h	$1.6M	$1.5M	20x	as long as short
BloFin GRAM-USDT	+0.014%	+0.0340%	4h	$1.4M	$144K	50x	as long as short
Paradex GRAM-USD-PERP	+0.033%	+0.0100%	8h	$2K	$30	5x	as long as short
KuCoin GRAMUSDTM	+0.035%	+0.0100%	4h	$9.0M	$10.5M	50x	as long as short

Show all 21 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Binance GRAMUSDT	+0.049%	+0.0100%	4h	$20.3M	$22.1M	50x	as long as short
Gate GRAM_USDT	+0.056%	+0.0100%	4h	$3.6M	$2.8M	75x	as long as short
Bitget GRAMUSDT	+0.063%	+0.0100%	4h	$6.9M	$3.1M	50x	as long as short
Extended GRAM-USD	+0.081%	+0.0104%	1h	$108K	$62K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.083%	+0.0100%	1h	$45K	$11K	10x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.083%	+0.0100%	4h	$3K	—	10x	as long as short
Aster GRAMUSDT	+0.142%	+0.0100%	4h	$928K	$56K	50x	as long as short
Lighter GRAM	+0.177%	+0.0368%	1h	$2.6M	$2.1M	20x	as long as short
SunX GRAM-USDT	+0.202%	+0.0100%	4h	$7K	$521K	10x	as long as short
Hyperliquid GRAM	+0.209%	+0.1008%	1h	$34.0M	$4.0M	5x	as long as short
HTX GRAM-USDT	+0.257%	+0.0100%	4h	$319K	$591K	30x	as long as short