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: Gate against MEXC+0.055%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.383% of the position

Long on MEXC Short on Gate

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−0.040%−$4 · spread now +0.055%, 7d avg +0.029%

Together, before fees−0.098%−$10 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: Gate is 0.026% dearer against MEXC than usual: you sell high and buy low, +$3 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	MEXC GRAM_USDT	1.4450	0.0100	pay 0.0050% / 4h	1h 17m	$15.4M	$2.8M	20x
Short	Gate GRAM_USDT	1.4458	0.0100	get 0.0050% / 4h	1h 17m	$3.7M	$3.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.055%Rate

Funding earned: $0
Price spread: +0.055% → +0.029%: $2.64
Slippage, 4 orders: −$19.29
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$35.65
Costs to cover: 0.383%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 6 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 MEXC live order book, 1 min ago	3.46 bp	5.5 bp −$5	10.1 bp −$101	59.6 bp −$5,963	220.5 bp −$110.2K
Sell Gate live order book, 6 min ago	3.46 bp	13.6 bp −$14	59.4 bp −$594	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	−0.0387%	1h	1.4490	+0.277%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0099%	8h	1.4454	+0.027%	$2K	$30	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4470	+0.138%	$35.6M	$7.0M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4457	+0.050%	$20.4M	$26.8M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4460	+0.069%	$30.6M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4450	0.000%	$8.6M	$8.5M	50x	as long as short
Gate GRAM_USDTshort	+0.0100%	4h	1.4458	+0.055%	$3.7M	$3.2M	75x
MEXC GRAM_USDTlong	+0.0100%	4h	1.4450	long leg	$15.4M	$2.8M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4456	+0.042%	$8.9M	$11.0M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4458	+0.055%	$7.1M	$3.8M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4464	+0.097%	$43K	$15K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4457	+0.047%	$17K	$271K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4460	+0.069%	$13K	$589K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4460	+0.069%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4477	+0.187%	$6K	$593K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4460	+0.069%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4457	+0.050%	$169K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0181%	4h	1.4479	+0.203%	$964K	$99K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4440	−0.069%	$1.4M	$215K	50x	as long as short
HTX GRAM-USDT	+0.0413%	4h	1.4496	+0.318%	$335K	$624K	30x	as long as short
Lighter GRAM	+0.0560%	1h	1.4487	+0.255%	$2.7M	$2.3M	20x	as long as short