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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against SunX−0.112%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1631.633% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.397%+$40 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.112%, 7d avg −0.161%
Together, before fees+0.480%+$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.049% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.161%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GRAM-USDT1.43160.0100pay 0.0050% / 4h1h 56m$6K$489K10x
ShortBloFin GRAM-USDT1.43000.0340get 0.0170% / 4h1h 56m$1.4M$224K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: −0.112% → −0.161%
$4.91
Slippage, 4 orders
−$143.28
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$107.97
Costs to cover
1.633%
Break-even
22.0 days
Slippage from SunX: live order book, 47 min ago; BloFin: live order book, 4 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, 47 min ago32.90 bp51.2 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago7.00 bp26.8 bp −$2732.9 bp −$329259.4 bp −$25.9Kdoesn't fit

GRAM on 21 exchanges

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+1.215%$4K$143K12xas long as short
Hyperliquid GRAM+0.0100%1h1.4287−0.203%$35.0M$7.1M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4279−0.259%$20.2M$25.1M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4281−0.244%$30.3M$12.2M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4280−0.251%$8.5M$7.4M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4282−0.237%$3.6M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4280−0.251%$15.8M$2.5M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4283−0.231%$8.8M$8.6M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4281−0.244%$6.9M$3.7M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4289−0.189%$52K$14K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4272−0.307%$16K$275K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4290−0.182%$14K$622K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4290−0.182%$2K$1K10xas long as short
SunX GRAM-USDTlong+0.0100%4h1.4316long leg$6K$489K10x
HTX GRAM-USDT+0.0100%4h1.4312−0.028%$294K$547K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4280−0.251%$1.6M$1.6M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4282−0.240%$2K$315xas long as short
Extended GRAM-USD+0.0104%1h1.4278−0.268%$128K$157K5xas long as short
Lighter GRAM+0.0304%1h1.4303−0.089%$2.3M$2.6M20xas long as short
BloFin GRAM-USDTshort+0.0340%4h1.4300−0.112%$1.4M$224K50x
Aster GRAMUSDT+0.0447%4h1.4303−0.090%$964K$118K50xas long as short