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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0212%/8h= +23.2% APRnext payment +$1.06 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget+0.103%7-day average +0.239% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$770.774% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.350%+$35 on $10k
Price spread, last 3 days (all we have)+0.295%+$29 · spread now +0.103%, 7d avg +0.239%
Together, before fees+0.645%+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.135% cheaper against Bitget than usual: you would sell low and buy high (spread +0.103% now, against its 7-day average of +0.239%). If the spread goes back, that is −$14 on $10k: about 2.1 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GRAMUSDT1.45020.0100pay 0.0050% / 4h55m 23s$7.1M$3.9M50x
ShortHTX GRAM-USDT1.45170.0312get 0.0156% / 4h55m 23s$336K$628K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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
$44.58
Price spread: +0.103% → +0.239%
−$13.54
Slippage, 4 orders
−$53.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$46.35
Costs to cover
0.774%
Break-even
14.3 days
Slippage from Bitget: live order book, 3 min ago; HTX: live order book, 23 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 Bitget live order book, 3 min ago2.76 bp12.8 bp −$1322.1 bp −$221doesn't fitdoesn't fit
Sell HTX live order book, 23 min ago8.97 bp17.8 bp −$18doesn't fitdoesn'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%1h1.4490−0.083%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4501−0.006%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4515+0.090%$35.7M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4503+0.009%$20.5M$26.9M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4500−0.014%$30.7M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4500−0.014%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4504+0.014%$3.7M$3.1M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4500−0.014%$15.4M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.45020.000%$9.0M$11.0M50xas long as short
Bitget GRAMUSDTlong+0.0100%4h1.4502long leg$7.1M$3.9M50x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4506+0.028%$44K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4486−0.109%$17K$270K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4500−0.014%$13K$590K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4500−0.014%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4527+0.172%$7K$596K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4500−0.014%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4500−0.012%$169K$123K5xas long as short
Aster GRAMUSDT+0.0145%4h1.4510+0.055%$966K$99K50xas long as short
HTX GRAM-USDTshort+0.0312%4h1.4517+0.103%$336K$628K30x
BloFin GRAM-USDT+0.0340%4h1.4480−0.152%$1.4M$215K50xas long as short
Lighter GRAM+0.0672%1h1.4531+0.200%$2.7M$2.3M20xas long as short