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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against SunX−0.186%73s7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1711.709% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.186%, 7d avg −0.154%
Together, before fees−0.026%−$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: ApeX Omni is 0.033% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.154%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GRAM-USDT1.44870.0100pay 0.0050% / 4h3h 30m$6K$590K10x
ShortApeX Omni GRAMUSDT1.44600.0100get 0.0013% / 1h30m 06s$14K$600K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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: −0.186% → −0.154%
−$3.29
Slippage, 4 orders
−$152.88
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$174.17
Costs to cover
1.709%
Break-even
never at this rate
Slippage from SunX: live order book, 21 min ago; ApeX Omni: live order book, 43 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 SunX live order book, 21 min ago32.81 bp50.9 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 43 min ago13.83 bp25.0 bp −$25119.6 bp −$1,196doesn'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+0.021%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4462−0.172%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4482−0.035%$35.6M$6.9M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4465−0.154%$20.4M$26.9M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4467−0.138%$30.6M$13.6M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4460−0.186%$8.6M$8.3M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4467−0.138%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4460−0.186%$15.4M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4469−0.124%$8.9M$10.8M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4475−0.083%$7.2M$3.8M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4475−0.083%$53K$20K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4463−0.163%$17K$273K10xas long as short
ApeX Omni GRAMUSDTshort+0.0100%1h1.4460−0.186%$14K$600K50x
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4460−0.186%$2K$1K10xas long as short
SunX GRAM-USDTlong+0.0100%4h1.4487long leg$6K$590K10x
Phemex GRAMUSDT+0.0100%4h1.4460−0.186%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4459−0.193%$169K$123K5xas long as short
HTX GRAM-USDT+0.0220%4h1.4523+0.248%$337K$613K30xas long as short
Aster GRAMUSDT+0.0234%4h1.4491+0.031%$976K$110K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4470−0.117%$1.4M$202K50xas long as short
Lighter GRAM+0.0344%1h1.4484−0.018%$2.6M$2.4M20xas long as short