Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: HTX against Bybit+0.153%7-day average +0.246% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$720.718% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.435%+$44 on $10k

Price spread, last 4 days (all we have)+0.221%+$22 · spread now +0.153%, 7d avg +0.246%

Together, before fees+0.656%+$66 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 0.093% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.246%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRAMUSDT	1.4361	0.0100	pay 0.0050% / 4h	1h 06m	$30.4M	$13.4M	50x
Short	HTX GRAM-USDT	1.4383	0.0100	get 0.0050% / 4h	1h 06m	$323K	$600K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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 BybitbpFee HTXbpOrdersPrice spread, now +0.153%Rate

Funding earned: $0
Price spread: +0.153% → +0.246%: −$9.26
Slippage, 4 orders: −$48.76
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$81.02
Costs to cover: 0.718%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 37 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 Bybit live order book, 2 min ago	3.48 bp	13.4 bp −$13	44.5 bp −$445	doesn't fit	doesn't fit
Sell HTX live order book, 37 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	+0.898%	$4K	$143K	12x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4364	+0.018%	$20.3M	$27.3M	50x	as long as short
Bybit GRAMUSDTlong	+0.0100%	4h	1.4361	long leg	$30.4M	$13.4M	50x
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4360	−0.007%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4363	+0.014%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4360	−0.007%	$16.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4365	+0.028%	$9.0M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4364	+0.021%	$7.0M	$4.0M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4368	+0.049%	$53K	$16K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4352	−0.061%	$16K	$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 GRAMUSDT	+0.0100%	1h	1.4360	−0.007%	$14K	$619K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4370	+0.063%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4387	+0.181%	$7K	$557K	10x	as long as short
HTX GRAM-USDTshort	+0.0100%	4h	1.4383	+0.153%	$323K	$600K	30x
Phemex GRAMUSDT	+0.0100%	4h	1.4360	−0.007%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4362	+0.008%	$2K	$31	5x	as long as short
Lighter GRAM	+0.0104%	1h	1.4380	+0.135%	$2.3M	$2.9M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4359	−0.011%	$168K	$122K	5x	as long as short
Aster GRAMUSDT	+0.0174%	4h	1.4387	+0.183%	$965K	$118K	50x	as long as short
Hyperliquid GRAM	+0.0200%	1h	1.4377	+0.111%	$35.4M	$7.6M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4370	+0.063%	$1.4M	$239K	50x	as long as short