Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against edgeX−0.196%7-day average +0.041% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 3 days (all we have)+0.238%+$24 · spread now −0.196%, 7d avg +0.041%

Together, before fees+0.238%+ Points / potential airdropedgeX: Active · farm board+$24 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: Binance is 0.237% cheaper against edgeX than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX GRAMUSDC	1.4539	0.0100	pay 0.0050% / 4h	2h 11m	$17K	$271K	10x
Short	Binance GRAMUSDT	1.4510	0.0100	get 0.0050% / 4h	2h 11m	$20.6M	$26.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.196%Rate

Funding earned: $0
Price spread: −0.196% → +0.041%: −$23.7
Slippage, 4 orders: −$42.19
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$84.88
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from edgeX: live order book, 11 min ago; Binance: live order book, 15 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, 11 min ago	17.16 bp	21.7 bp −$22	42.3 bp −$423	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	3.44 bp	9.4 bp −$9	25.1 bp −$251	192.4 bp −$19.2K	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
Paradex GRAM-USD-PERP	+0.0098%	8h	1.4509	−0.206%	$2K	$30	5x	as long as short
Binance GRAMUSDTshort	+0.0100%	4h	1.4510	−0.196%	$20.6M	$26.7M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4510	−0.196%	$30.7M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4510	−0.196%	$8.7M	$8.5M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4516	−0.155%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4510	−0.196%	$15.4M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4514	−0.169%	$8.6M	$11.0M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4515	−0.162%	$7.2M	$3.9M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4536	−0.017%	$46K	$13K	10x	as long as short
edgeX GRAMUSDClong	+0.0100%	4h	1.4539	long leg	$17K	$271K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4560	+0.148%	$14K	$593K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4530	−0.058%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4546	+0.052%	$7K	$590K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4520	−0.127%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4509	−0.206%	$170K	$123K	5x	as long as short
Injective GRAM/USDC PERP	+0.0132%	1h	1.4490	−0.334%	$4K	$143K	12x	as long as short
Hyperliquid GRAM	+0.0149%	1h	1.4530	−0.059%	$35.8M	$6.9M	5x	as long as short
Aster GRAMUSDT	+0.0248%	4h	1.4538	−0.004%	$967K	$102K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4540	+0.010%	$1.4M	$210K	50x	as long as short
Lighter GRAM	+0.0776%	1h	1.4544	+0.039%	$2.7M	$2.5M	20x	as long as short
HTX GRAM-USDT	+0.1020%	4h	1.4583	+0.306%	$338K	$629K	30x	as long as short