Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against KuCoin−0.110%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$700.703% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days+0.045%+$4 · spread now −0.110%, 7d avg −0.085%

Together, before fees+0.062%+$6 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: OKX is 0.025% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRAMUSDTM	1.4496	0.0100	pay 0.0050% / 4h	2h 38m	$8.8M	$10.8M	50x
Short	OKX GRAM-USDT-SWAP	1.4480	0.0100	get 0.0050% / 4h	2h 38m	$8.6M	$8.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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 KuCoinbpFee OKXbpOrdersPrice spread, now −0.110%Rate

Funding earned: $0
Price spread: −0.110% → −0.085%: −$2.51
Slippage, 4 orders: −$48.32
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$72.83
Costs to cover: 0.703%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 5 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 KuCoin live order book, 5 min ago	5.82 bp	22.8 bp −$23	89.2 bp −$892	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.43 bp	15.1 bp −$15	40.0 bp −$400	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	−0.041%	$4K	$143K	12x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4470	−0.179%	$20.5M	$27.9M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4472	−0.166%	$30.8M	$14.1M	50x	as long as short
OKX GRAM-USDT-SWAPshort	+0.0100%	4h	1.4480	−0.110%	$8.6M	$8.7M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4491	−0.034%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4480	−0.110%	$15.2M	$2.6M	20x	as long as short
KuCoin GRAMUSDTMlong	+0.0100%	4h	1.4496	long leg	$8.8M	$10.8M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4487	−0.062%	$7.2M	$4.1M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4616	+0.829%	$17K	$272K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4600	+0.717%	$14K	$605K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4470	−0.179%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4507	+0.076%	$6K	$600K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4526	+0.207%	$338K	$618K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4470	−0.179%	$1.5M	$1.8M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4485	−0.077%	$2K	$19	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4477	−0.134%	$169K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0258%	1h	1.4495	−0.007%	$35.7M	$7.3M	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0284%	1h	1.4523	+0.186%	$54K	$20K	10x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4570	+0.510%	$1.4M	$203K	50x	as long as short
Aster GRAMUSDT	+0.0489%	4h	1.4503	+0.049%	$972K	$126K	50x	as long as short
Lighter GRAM	+0.0656%	1h	1.4498	+0.017%	$2.6M	$2.4M	20x	as long as short