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 −0.004%

Price spread now: KuCoin against Bybit+0.063%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$780.781% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days−0.096%−$10 · spread now +0.063%, 7d avg +0.030%

Together, before fees−0.050%−$5 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 0.033% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRAMUSDT	1.4371	0.0100	pay 0.0050% / 4h	1h 24m	$30.4M	$13.4M	50x
Short	KuCoin GRAMUSDTM	1.4380	0.0100	get 0.0050% / 4h	1h 24m	$9.0M	$10.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.063%Rate

Funding earned: $0
Price spread: +0.063% → +0.030%: $3.27
Slippage, 4 orders: −$55.14
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$74.86
Costs to cover: 0.781%
Break-even: never at this rate

Slippage from Bybit: 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 Bybit live order book, 4 min ago	6.97 bp	18.2 bp −$18	43.4 bp −$434	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	2.44 bp	20.7 bp −$21	56.9 bp −$569	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	+0.828%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4391	+0.140%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4374	+0.023%	$20.3M	$27.3M	50x	as long as short
Bybit GRAMUSDTlong	+0.0100%	4h	1.4371	long leg	$30.4M	$13.4M	50x
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4380	+0.063%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4379	+0.056%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4370	−0.007%	$16.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTMshort	+0.0100%	4h	1.4380	+0.063%	$9.0M	$10.2M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4375	+0.028%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4357	−0.098%	$17K	$274K	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	1.4370	−0.007%	$14K	$615K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4380	+0.063%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4407	+0.251%	$7K	$558K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4397	+0.181%	$330K	$587K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4380	+0.063%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4372	+0.009%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4377	+0.039%	$168K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0136%	1h	1.4389	+0.127%	$35.4M	$7.6M	5x	as long as short
Aster GRAMUSDT	+0.0154%	4h	1.4390	+0.132%	$965K	$118K	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0189%	1h	1.4383	+0.084%	$53K	$16K	10x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4350	−0.146%	$1.4M	$239K	50x	as long as short