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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%
Price spread now: Backpack against OKX+0.070%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.070% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GRAM-USDT-SWAP1.43500.0100pay 0.0050% / 4h1h 33m$8.6M$8.1M50x
ShortBackpack GRAM_USDC_PERP1.43600.0100get 0.0013% / 1h33m 10s$53K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against OKX. 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
Price spread: +0.070% → 0.000%
$6.97
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$13.03
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Backpack: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago3.48 bp15.9 bp −$1633.8 bp −$338doesn't fitdoesn't fit
Sell Backpack no order-book sample
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.976%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4367+0.117%$2.3M$2.9M20xas long as short
Binance GRAMUSDT+0.0100%4h1.4353+0.019%$20.3M$27.3M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4344−0.042%$30.4M$13.5M50xas long as short
OKX GRAM-USDT-SWAPlong+0.0100%4h1.4350long leg$8.6M$8.1M50x
Gate GRAM_USDT+0.0100%4h1.4353+0.021%$3.6M$3.4M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4340−0.070%$16.3M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4352+0.014%$9.0M$10.2M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4352+0.014%$7.0M$4.0M50xas long as short
Backpack GRAM_USDC_PERPshort+0.0100%1h1.4360+0.070%$53K$16K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4360+0.070%$17K$275K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4360+0.070%$14K$615K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.43500.000%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4377+0.188%$7K$558K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4387+0.258%$330K$587K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.43500.000%$1.5M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4343−0.048%$2K$315xas long as short
Extended GRAM-USD+0.0104%1h1.4350+0.002%$168K$123K5xas long as short
Hyperliquid GRAM+0.0109%1h1.4365+0.105%$35.4M$7.6M5xas long as short
Aster GRAMUSDT+0.0149%4h1.4378+0.193%$964K$118K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4340−0.070%$1.4M$238K50xas long as short