Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: HTX against ApeX Omni+0.084%76s7-day average +0.255% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$920.919% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.328%+$33 on $10k

Price spread, last 4 days (all we have)+0.283%+$28 · spread now +0.084%, 7d avg +0.255%

Together, before fees+0.611%+$61 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: HTX is 0.172% cheaper against ApeX Omni than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.255%. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GRAMUSDT	1.4360	0.0100	pay 0.0013% / 1h	32m 06s	$14K	$615K	50x
Short	HTX GRAM-USDT	1.4372	0.0100	get 0.0050% / 4h	1h 32m	$330K	$587K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against ApeX Omni. 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 ApeX OmnibpFee HTXbpOrdersPrice spread, now +0.084%Rate

Funding earned: $0
Price spread: +0.084% → +0.255%: −$17.18
Slippage, 4 orders: −$69.93
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$109.12
Costs to cover: 0.919%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 11 min ago; HTX: live order book, 11 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 ApeX Omni live order book, 11 min ago	13.92 bp	23.6 bp −$24	128.3 bp −$1,283	doesn't fit	doesn't fit
Sell HTX live order book, 11 min ago	10.07 bp	16.5 bp −$16	doesn't fit	doesn't fit	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	+0.905%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4357	−0.024%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4350	−0.071%	$20.3M	$27.3M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4339	−0.146%	$30.3M	$13.5M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4340	−0.139%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4347	−0.091%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4340	−0.139%	$16.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4346	−0.097%	$8.9M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4345	−0.104%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4360	0.000%	$17K	$275K	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 GRAMUSDTlong	+0.0100%	1h	1.4360	long leg	$14K	$615K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4340	−0.139%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4367	+0.049%	$7K	$558K	10x	as long as short
HTX GRAM-USDTshort	+0.0100%	4h	1.4372	+0.084%	$330K	$587K	30x
Phemex GRAMUSDT	+0.0100%	4h	1.4340	−0.139%	$1.5M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4345	−0.107%	$2K	$31	5x	as long as short
Hyperliquid GRAM	+0.0101%	1h	1.4351	−0.063%	$35.4M	$7.6M	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0103%	1h	1.4350	−0.070%	$53K	$16K	10x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4346	−0.095%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0149%	4h	1.4377	+0.120%	$964K	$118K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4340	−0.139%	$1.4M	$238K	50x	as long as short