Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: SunX against MEXC+0.188%7-day average +0.162% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1291.289% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.188%, 7d avg +0.162%

Together, before fees+0.077%+$8 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 0.026% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.162%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GRAM_USDT	1.4360	0.0100	pay 0.0050% / 4h	1h 27m	$16.3M	$2.7M	20x
Short	SunX GRAM-USDT	1.4387	0.0100	get 0.0050% / 4h	1h 27m	$7K	$557K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.188%Rate

Funding earned: $0
Price spread: +0.188% → +0.162%: $2.64
Slippage, 4 orders: −$116.94
Fee MEXC: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: −$126.3
Costs to cover: 1.289%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; SunX: live order book, 34 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	3.48 bp	5.5 bp −$5	7.9 bp −$79	54.5 bp −$5,446	223.4 bp −$111.7K
Sell SunX live order book, 34 min ago	32.83 bp	67.0 bp −$67	doesn't fit	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	+0.905%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4382	+0.151%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4370	+0.070%	$20.3M	$27.3M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4360	0.000%	$30.4M	$13.4M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4360	0.000%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4368	+0.056%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDTlong	+0.0100%	4h	1.4360	long leg	$16.3M	$2.7M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4367	+0.049%	$9.0M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4368	+0.056%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4345	−0.107%	$16K	$274K	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	1.4350	−0.070%	$14K	$615K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4370	+0.070%	$2K	$1K	10x	as long as short
SunX GRAM-USDTshort	+0.0100%	4h	1.4387	+0.188%	$7K	$557K	10x
HTX GRAM-USDT	+0.0100%	4h	1.4365	+0.035%	$329K	$587K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4360	0.000%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4363	+0.021%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4365	+0.035%	$168K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0117%	1h	1.4381	+0.148%	$35.4M	$7.6M	5x	as long as short
Aster GRAMUSDT	+0.0154%	4h	1.4390	+0.209%	$965K	$118K	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0155%	1h	1.4379	+0.132%	$53K	$16K	10x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4350	−0.070%	$1.4M	$239K	50x	as long as short