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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Extended against Phemex−0.027%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1591.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 4 days (all we have)−0.115%−$11 · spread now −0.027%, 7d avg −0.021%
Together, before fees−0.192%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex GRAMUSDT1.43500.0100pay 0.0050% / 4h2h 30m$1.5M$1.8M20x
ShortExtended GRAM-USD1.43460.0104get 0.0013% / 1h30m 19s$168K$123K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.027% → −0.021%
−$0.55
Slippage, 4 orders
−$141.74
Fee Phemex: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$158.45
Costs to cover
1.587%
Break-even
1327.5 days
Slippage from Phemex: live order book, 3 min ago; Extended: live order book, 15 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, 3 min ago6.96 bp60.3 bp −$60doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 15 min ago5.22 bp16.8 bp −$1782.6 bp −$826doesn'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+0.976%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4366+0.109%$2.3M$2.9M20xas long as short
Binance GRAMUSDT+0.0100%4h1.43500.000%$20.3M$27.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4341−0.063%$30.3M$13.6M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.43500.000%$8.6M$8.1M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4353+0.021%$3.5M$3.5M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.43500.000%$16.5M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4348−0.014%$9.2M$10.2M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4352+0.014%$7.1M$4.0M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4334−0.110%$17K$276K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.43500.000%$14K$617K50xas 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$561K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4382+0.223%$330K$584K30xas long as short
Phemex GRAMUSDTlong+0.0100%4h1.4350long leg$1.5M$1.8M20x
Paradex GRAM-USD-PERP+0.0100%8h1.4345−0.033%$2K$315xas long as short
Extended GRAM-USDshort+0.0104%1h1.4346−0.027%$168K$123K5x
Aster GRAMUSDT+0.0216%4h1.4372+0.153%$963K$119K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4360+0.070%$1.4M$237K50xas long as short
Backpack GRAM_USDC_PERP+0.0438%1h1.4354+0.028%$53K$16K10xas long as short
Hyperliquid GRAM+0.0456%1h1.4366+0.111%$35.4M$7.6M5xas long as short