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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0204%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h +0.008%
Price spread now: HTX against Gate+0.269%7-day average +0.223% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.469%+$47 on $10k
Price spread, last 3 days (all we have)+0.061%+$6 · spread now +0.269%, 7d avg +0.223%
Together, before fees+0.530%+$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and HTX is 0.047% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.223%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GRAM_USDT1.44750.0100pay 0.0050% / 4h3h 40m$3.7M$3.2M75x
ShortHTX GRAM-USDT1.45140.0304get 0.0152% / 4h3h 40m$337K$618K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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
$42.85
Price spread: +0.269% → +0.223%
$4.65
Slippage, 4 orders
−$57.44
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$36.94
Costs to cover
0.844%
Break-even
13.0 days
Slippage from Gate: live order book, 3 min ago; HTX: live order book, 33 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 Gate live order book, 3 min ago5.18 bp14.0 bp −$1441.0 bp −$410doesn't fitdoesn't fit
Sell HTX live order book, 33 min ago6.56 bp13.2 bp −$13doesn'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+0.104%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4472−0.022%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4491+0.111%$35.6M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.44750.000%$20.4M$27.0M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4474−0.007%$30.6M$13.7M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4460−0.104%$8.6M$8.3M50xas long as short
Gate GRAM_USDTlong+0.0100%4h1.4475long leg$3.7M$3.2M75x
MEXC GRAM_USDT+0.0100%4h1.4470−0.035%$15.4M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4477+0.014%$8.9M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4474−0.007%$7.2M$3.9M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4484+0.062%$53K$20K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4472−0.024%$17K$271K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4460−0.104%$14K$599K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4470−0.035%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4486+0.076%$7K$592K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4470−0.035%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4471−0.028%$169K$123K5xas long as short
Aster GRAMUSDT+0.0200%4h1.4480+0.035%$975K$111K50xas long as short
Lighter GRAM+0.0256%1h1.4494+0.128%$2.6M$2.4M20xas long as short
HTX GRAM-USDTshort+0.0304%4h1.4514+0.269%$337K$618K30x
BloFin GRAM-USDT+0.0340%4h1.4480+0.035%$1.4M$205K50xas long as short