Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.064%
Price spread now: HTX against BloFin+0.014%59s7-day average +0.261% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as 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−$780.780% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now +0.014%, 7d avg +0.261%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 0.247% cheaper against BloFin than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.261%). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRAM-USDT | 1.4300 | 0.0340 | pay 0.0170% / 4h | 2h 19m | $1.4M | $228K | 50x |
| Short | HTX GRAM-USDT | 1.4302 | 0.0100 | get 0.0050% / 4h | 2h 19m | $299K | $567K | 30x |
BloFin GRAM-USDT
HTX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.014% → +0.261%
- −$24.75
- Slippage, 4 orders
- −$54.04
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$153.19
- Costs to cover
- 0.780%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; HTX: live order book, 32 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 BloFin live order book, 1 min ago | 7.00 bp | 13.0 bp −$13 | 29.3 bp −$293 | 393.8 bp −$39.4K | doesn't fit |
| Sell HTX live order book, 32 min ago | 12.59 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
GRAM on 21 exchanges
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 | +1.329% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4279 | −0.150% | $20.1M | $26.0M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4273 | −0.189% | $30.3M | $12.7M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4270 | −0.210% | $8.5M | $7.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4273 | −0.189% | $3.6M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4270 | −0.210% | $15.9M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4282 | −0.126% | $8.8M | $9.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4275 | −0.175% | $6.9M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4280 | −0.140% | $52K | $14K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4285 | −0.105% | $16K | $274K | 10x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDCShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4270 | −0.210% | $14K | $620K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4270 | −0.210% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4306 | +0.042% | $6K | $513K | 10x | as long as short |
| HTX GRAM-USDTshort | +0.0100% | 4h | 1.4302 | +0.014% | $299K | $567K | 30x | |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4270 | −0.210% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4273 | −0.190% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4270 | −0.207% | $128K | $157K | 5x | as long as short |
| Lighter GRAM | +0.0200% | 1h | 1.4290 | −0.067% | $2.3M | $2.8M | 20x | as long as short |
| Hyperliquid GRAM | +0.0216% | 1h | 1.4285 | −0.105% | $35.0M | $7.1M | 5x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4300 | long leg | $1.4M | $228K | 50x | |
| Aster GRAMUSDT | +0.0416% | 4h | 1.4297 | −0.020% | $963K | $123K | 50x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Lighter GRAM
Hyperliquid GRAM
Aster GRAMUSDT