Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Extended against edgeX+0.260%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$760.764% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.260%, 7d avg +0.005%
Together, before fees−0.091%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$9 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: Extended is 0.254% dearer against edgeX than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX GRAMUSDC1.45490.0100pay 0.0050% / 4h2h 47m$17K$273K10x
ShortExtended GRAM-USD1.45860.0104get 0.0013% / 1h47m 35s$170K$123K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: +0.260% → +0.005%
$25.44
Slippage, 4 orders
−$62.37
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$50.09
Costs to cover
0.764%
Break-even
424.4 days
Slippage from edgeX: live order book, 20 min ago; Extended: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 20 min ago17.09 bp21.6 bp −$2242.0 bp −$420doesn't fitdoesn't fit
Sell Extended live order book, 18 min ago5.14 bp16.3 bp −$1675.4 bp −$754doesn't fitdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.4490−0.403%$4K$143K12xas long as short
Binance GRAMUSDT+0.0100%4h1.4590+0.287%$20.6M$27.6M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4593+0.305%$31.1M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4590+0.285%$8.7M$8.7M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4593+0.305%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4590+0.285%$15.7M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4594+0.312%$8.9M$10.8M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4598+0.340%$7.3M$4.1M50xas long as short
edgeX GRAMUSDClong+0.0100%4h1.4549long leg$17K$273K10x
ApeX Omni GRAMUSDT+0.0100%1h1.4560+0.079%$14K$604K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4580+0.216%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4576+0.189%$7K$596K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4548−0.004%$339K$625K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4580+0.216%$1.6M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4592+0.298%$2K$195xas long as short
Extended GRAM-USDshort+0.0104%1h1.4586+0.260%$170K$123K5x
Hyperliquid GRAM+0.0182%1h1.4603+0.374%$35.9M$7.1M5xas long as short
BloFin GRAM-USDT+0.0340%4h1.4570+0.147%$1.4M$203K50xas long as short
Aster GRAMUSDT+0.0489%4h1.4620+0.492%$984K$124K50xas long as short
Backpack GRAM_USDC_PERP+0.0511%1h1.4600+0.354%$54K$20K10xas long as short
Lighter GRAM+0.0768%1h1.4614+0.452%$2.6M$2.4M20xas long as short