Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

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 −0.004%

Price spread now: Binance against SunX−0.090%7-day average −0.135% · you buy dearer than you sell

Net, funding: paid 7d − costs−$154as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1471.471% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 3 days (all we have)−0.126%−$13 · spread now −0.090%, 7d avg −0.135%

Together, before fees−0.193%−$19 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: Binance is 0.045% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.135%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GRAM-USDT	1.4627	0.0100	pay 0.0050% / 4h	3h 05m	$7K	$592K	10x
Short	Binance GRAMUSDT	1.4614	0.0100	get 0.0050% / 4h	3h 05m	$20.6M	$27.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee SunXbpFee BinancebpOrdersPrice spread, now −0.090%Rate

Funding earned: $0
Price spread: −0.090% → −0.135%: $4.49
Slippage, 4 orders: −$129.14
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$142.65
Costs to cover: 1.471%
Break-even: never at this rate

Slippage from SunX: live order book, 45 min ago; Binance: live order book, 6 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 SunX live order book, 45 min ago	32.81 bp	50.9 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	3.43 bp	8.4 bp −$8	26.3 bp −$263	241.2 bp −$24.1K	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	−0.937%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4612	−0.100%	$2K	$19	5x	as long as short
Binance GRAMUSDTshort	+0.0100%	4h	1.4614	−0.090%	$20.6M	$27.1M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4615	−0.082%	$31.1M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4610	−0.116%	$8.7M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4617	−0.068%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4610	−0.116%	$15.7M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4619	−0.055%	$8.9M	$10.8M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4617	−0.068%	$7.3M	$3.9M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4628	+0.005%	$17K	$272K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4640	+0.089%	$14K	$603K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4600	−0.185%	$2K	$1K	10x	as long as short
SunX GRAM-USDTlong	+0.0100%	4h	1.4627	long leg	$7K	$592K	10x
HTX GRAM-USDT	+0.0100%	4h	1.4682	+0.376%	$342K	$625K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4600	−0.185%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4609	−0.121%	$171K	$123K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0218%	1h	1.4623	−0.027%	$54K	$20K	10x	as long as short
Hyperliquid GRAM	+0.0275%	1h	1.4637	+0.068%	$36.1M	$7.0M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4640	+0.089%	$1.4M	$205K	50x	as long as short
Aster GRAMUSDT	+0.0420%	4h	1.4647	+0.136%	$986K	$115K	50x	as long as short
Lighter GRAM	+0.0488%	1h	1.4641	+0.095%	$2.6M	$2.4M	20x	as long as short