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 −0.004%

Price spread now: MEXC against Gate−0.083%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$430.433% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days+0.068%+$7 · spread now −0.083%, 7d avg −0.029%

Together, before fees+0.126%+$13 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: MEXC is 0.054% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GRAM_USDT	1.4492	0.0100	pay 0.0050% / 4h	2h 06m	$3.7M	$3.3M	75x
Short	MEXC GRAM_USDT	1.4480	0.0100	get 0.0050% / 4h	2h 06m	$15.4M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now −0.083%Rate

Funding earned: $0
Price spread: −0.083% → −0.029%: −$5.4
Slippage, 4 orders: −$24.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$48.66
Costs to cover: 0.433%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 2 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 Gate live order book, 1 min ago	4.82 bp	17.6 bp −$18	97.2 bp −$972	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.45 bp	5.4 bp −$5	10.4 bp −$104	55.6 bp −$5,563	199.7 bp −$99.8K

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	1.4499	+0.052%	$2K	$30	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4484	−0.055%	$20.5M	$26.7M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4482	−0.069%	$30.7M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4490	−0.014%	$8.6M	$8.5M	50x	as long as short
Gate GRAM_USDTlong	+0.0100%	4h	1.4492	long leg	$3.7M	$3.3M	75x
MEXC GRAM_USDTshort	+0.0100%	4h	1.4480	−0.083%	$15.4M	$2.8M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4487	−0.035%	$8.6M	$10.9M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4495	+0.021%	$7.2M	$3.9M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4495	+0.021%	$45K	$13K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4505	+0.087%	$17K	$270K	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	1.4510	+0.124%	$13K	$593K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4500	+0.055%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4516	+0.166%	$7K	$591K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4480	−0.083%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4484	−0.054%	$169K	$123K	5x	as long as short
Injective GRAM/USDC PERP	+0.0132%	1h	1.4490	−0.014%	$4K	$143K	12x	as long as short
Hyperliquid GRAM	+0.0162%	1h	1.4511	+0.131%	$35.8M	$6.9M	5x	as long as short
Aster GRAMUSDT	+0.0244%	4h	1.4518	+0.180%	$966K	$102K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4510	+0.124%	$1.4M	$210K	50x	as long as short
Lighter GRAM	+0.0768%	1h	1.4522	+0.204%	$2.7M	$2.5M	20x	as long as short
HTX GRAM-USDT	+0.0961%	4h	1.4556	+0.442%	$337K	$629K	30x	as long as short