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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: SunX against Extended+0.413%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1521.520% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.413%, 7d avg +0.168%
Together, before fees−0.067%+ Points / potential airdropExtended: Active · farm board−$7 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: SunX is 0.245% dearer against Extended than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.168%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRAM-USD1.43170.0104pay 0.0013% / 1h28m 45s$168K$123K5x
ShortSunX GRAM-USDT1.43760.0100get 0.0050% / 4h2h 28m$7K$561K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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: +0.413% → +0.168%
$24.48
Slippage, 4 orders
−$138.99
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$128.34
Costs to cover
1.520%
Break-even
never at this rate
Slippage from Extended: live order book, 17 min ago; SunX: live order book, 42 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 Extended live order book, 17 min ago5.22 bp17.3 bp −$1781.2 bp −$812doesn't fitdoesn't fit
Sell SunX live order book, 42 min ago32.99 bp67.0 bp −$67doesn't fitdoesn'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+1.209%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4340+0.161%$2.3M$2.9M20xas long as short
Binance GRAMUSDT+0.0100%4h1.4325+0.058%$20.2M$27.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4307−0.069%$30.3M$13.6M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4310−0.048%$8.6M$8.1M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4323+0.042%$3.5M$3.5M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4320+0.022%$16.4M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4320+0.022%$9.1M$10.2M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4315−0.013%$7.1M$4.0M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4334+0.121%$17K$276K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.4350+0.231%$14K$617K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4360+0.301%$2K$1K10xas long as short
SunX GRAM-USDTshort+0.0100%4h1.4376+0.413%$7K$561K10x
HTX GRAM-USDT+0.0100%4h1.4382+0.455%$330K$584K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4350+0.231%$1.5M$1.8M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4314−0.023%$2K$315xas long as short
Extended GRAM-USDlong+0.0104%1h1.4317long leg$168K$123K5x
Aster GRAMUSDT+0.0220%4h1.4371+0.378%$963K$119K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4330+0.091%$1.4M$237K50xas long as short
Backpack GRAM_USDC_PERP+0.0423%1h1.4360+0.301%$53K$16K10xas long as short
Hyperliquid GRAM+0.0435%1h1.4357+0.280%$35.4M$7.6M5xas long as short