Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%

Price spread now: ApeX Omni against edgeX+0.094%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$870.871% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.094%, 7d avg +0.026%

Together, before fees+0.155%+ Points / potential airdropedgeX: Active · farm board+$15 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: ApeX Omni is 0.068% dearer against edgeX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX GRAMUSDC	1.4456	0.0100	pay 0.0050% / 4h	1h 03m	$17K	$274K	10x
Short	ApeX Omni GRAMUSDT	1.4470	0.0100	get 0.0013% / 1h	3m 35s	$14K	$607K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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 edgeXbpFee ApeX OmnibpOrdersPrice spread, now +0.094%Rate

Funding earned: $0
Price spread: +0.094% → +0.026%: $6.83
Slippage, 4 orders: −$68.08
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$80.25
Costs to cover: 0.871%
Break-even: never at this rate

Slippage from edgeX: live order book, 59 min ago; ApeX Omni: live order book, 59 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 edgeX live order book, 59 min ago	17.25 bp	21.7 bp −$22	41.9 bp −$419	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 59 min ago	13.80 bp	21.3 bp −$21	128.9 bp −$1,289	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	+0.233%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4411	−0.311%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4449	−0.050%	$20.6M	$28.2M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4431	−0.175%	$30.5M	$13.9M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4430	−0.182%	$8.7M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4434	−0.155%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4440	−0.113%	$15.2M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4443	−0.092%	$8.8M	$10.4M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4437	−0.134%	$7.2M	$4.1M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4467	+0.074%	$53K	$16K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRAMUSDClong	+0.0100%	4h	1.4456	long leg	$17K	$274K	10x
ApeX Omni GRAMUSDTshort	+0.0100%	1h	1.4470	+0.094%	$14K	$607K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4460	+0.025%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4489	+0.226%	$6K	$597K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4504	+0.330%	$338K	$620K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4470	+0.094%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4426	−0.212%	$169K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0311%	1h	1.4444	−0.085%	$35.6M	$7.2M	5x	as long as short
Aster GRAMUSDT	+0.0314%	4h	1.4450	−0.044%	$968K	$126K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4460	+0.025%	$1.4M	$207K	50x	as long as short
Lighter GRAM	+0.0792%	1h	1.4454	−0.018%	$2.6M	$2.4M	20x	as long as short