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 +0.001%

Price spread now: Bybit against OKX+0.035%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$580.580% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days+0.027%+$3 · spread now +0.035%, 7d avg +0.056%

Together, before fees−0.031%−$3 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: Bybit is 0.022% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRAM-USDT-SWAP	1.4480	0.0100	pay 0.0050% / 4h	26m 40s	$8.6M	$8.5M	50x
Short	Bybit GRAMUSDT	1.4485	0.0100	get 0.0050% / 4h	26m 40s	$30.7M	$14.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → +0.056%: −$2.16
Slippage, 4 orders: −$36.98
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$60.15
Costs to cover: 0.580%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bybit: 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 OKX live order book, 1 min ago	3.45 bp	15.2 bp −$15	33.3 bp −$333	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	3.45 bp	13.1 bp −$13	29.3 bp −$293	504.6 bp −$50.5K	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	+0.069%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4480	0.000%	$2K	$30	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4495	+0.104%	$35.6M	$7.0M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4486	+0.044%	$20.4M	$27.0M	50x	as long as short
Bybit GRAMUSDTshort	+0.0100%	4h	1.4485	+0.035%	$30.7M	$14.0M	50x
OKX GRAM-USDT-SWAPlong	+0.0100%	4h	1.4480	long leg	$8.6M	$8.5M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4486	+0.041%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4480	0.000%	$15.4M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4486	+0.041%	$8.9M	$10.9M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4484	+0.028%	$7.1M	$3.9M	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	1.4498	+0.124%	$43K	$15K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4496	+0.111%	$17K	$270K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4510	+0.207%	$14K	$596K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4480	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4517	+0.256%	$6K	$591K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4490	+0.069%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4484	+0.026%	$169K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0153%	4h	1.4512	+0.220%	$966K	$104K	50x	as long as short
HTX GRAM-USDT	+0.0287%	4h	1.4525	+0.311%	$336K	$630K	30x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4490	+0.069%	$1.4M	$215K	50x	as long as short
Lighter GRAM	+0.0864%	1h	1.4519	+0.270%	$2.7M	$2.3M	20x	as long as short