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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX−0.083%46s7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2222.216% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 3 days (all we have)−0.145%−$14 · spread now −0.083%, 7d avg −0.138%
Together, before fees−0.252%−$25 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: Bybit is 0.055% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.138%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GRAM-USDT1.45260.0100pay 0.0050% / 4h48m 31s$7K$594K10x
ShortBybit GRAMUSDT1.45140.0100get 0.0050% / 4h48m 31s$30.8M$13.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.083% → −0.138%
$5.5
Slippage, 4 orders
−$202.64
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$216.14
Costs to cover
2.216%
Break-even
never at this rate
Slippage from SunX: live order book, 13 min ago; Bybit: live order book, 5 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, 13 min ago67.85 bp85.9 bp −$86doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago3.45 bp12.6 bp −$1330.0 bp −$300456.5 bp −$45.7Kdoesn'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%1h1.4490−0.248%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4510−0.109%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4525−0.007%$35.7M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4515−0.073%$20.5M$26.9M50xas long as short
Bybit GRAMUSDTshort+0.0100%4h1.4514−0.083%$30.8M$13.9M50x
OKX GRAM-USDT-SWAP+0.0100%4h1.4510−0.110%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4511−0.103%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4510−0.110%$15.4M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4515−0.076%$9.0M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4509−0.117%$7.1M$3.9M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4509−0.117%$44K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4509−0.119%$17K$272K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4500−0.179%$13K$590K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4510−0.110%$2K$1K10xas long as short
SunX GRAM-USDTlong+0.0100%4h1.4526long leg$7K$594K10x
Phemex GRAMUSDT+0.0100%4h1.4500−0.179%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4510−0.109%$169K$123K5xas long as short
Aster GRAMUSDT+0.0150%4h1.4534+0.056%$967K$99K50xas long as short
HTX GRAM-USDT+0.0282%4h1.4551+0.172%$336K$628K30xas long as short
BloFin GRAM-USDT+0.0340%4h1.4500−0.179%$1.4M$216K50xas long as short
Lighter GRAM+0.0848%1h1.4542+0.112%$2.7M$2.3M20xas long as short