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

GRAM

all GRAM markets
SwapBacktest
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 0.000%
Price spread now: Bitget against Phemex+0.007%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.215%−$22 · spread now +0.007%, 7d avg +0.014%
Together, before fees−0.225%−$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex GRAMUSDT1.44000.0100pay 0.0050% / 4h42m 00s$1.5M$1.8M20x
ShortBitget GRAMUSDT1.44010.0100get 0.0050% / 4h42m 00s$7.2M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Phemex. 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: +0.007% → +0.014%
−$0.75
Slippage, 4 orders
−$134.33
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$159.08
Costs to cover
1.583%
Break-even
never at this rate
Slippage from Phemex: live order book, 1 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 1 min ago17.37 bp64.4 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago3.47 bp13.9 bp −$1430.6 bp −$306doesn't fitdoesn't fit

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+0.625%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0097%8h1.4392−0.054%$2K$195xas long as short
Hyperliquid GRAM+0.0100%1h1.4413+0.090%$35.4M$7.3M5xas long as short
Binance GRAMUSDT+0.0100%4h1.44000.000%$20.5M$28.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4384−0.111%$30.4M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4390−0.069%$8.6M$8.6M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4402+0.014%$3.6M$3.4M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4390−0.069%$15.1M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4392−0.056%$8.7M$10.5M50xas long as short
Bitget GRAMUSDTshort+0.0100%4h1.4401+0.007%$7.2M$4.2M50x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4406+0.042%$53K$16K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4358−0.290%$17K$275K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4410+0.069%$14K$610K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4390−0.069%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4419+0.132%$7K$602K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4422+0.153%$336K$621K30xas long as short
Phemex GRAMUSDTlong+0.0100%4h1.4400long leg$1.5M$1.8M20x
Extended GRAM-USD+0.0104%1h1.4389−0.074%$168K$123K5xas long as short
Lighter GRAM+0.0120%1h1.4406+0.040%$2.3M$2.9M20xas long as short
Aster GRAMUSDT+0.0235%4h1.4416+0.114%$966K$126K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4410+0.069%$1.4M$229K50xas long as short