Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%

Price spread now: ApeX Omni against HTX+0.153%76s7-day average −0.258% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as 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−$1000.998% of the position

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.344%−$34 on $10k

Price spread, last 4 days (all we have)−0.644%−$64 · spread now +0.153%, 7d avg −0.258%

Together, before fees−0.989%−$99 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: ApeX Omni is 0.410% dearer against HTX than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of −0.258%. 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	HTX GRAM-USDT	1.4418	0.0100	pay 0.0050% / 4h	27m 34s	$329K	$672K	30x
Short	ApeX Omni GRAMUSDT	1.4440	0.0100	get 0.0013% / 1h	27m 34s	$14K	$614K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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 HTXbpFee ApeX OmnibpOrdersPrice spread, now +0.153%Rate

Funding earned: $0
Price spread: +0.153% → −0.258%: $41.02
Slippage, 4 orders: −$77.81
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$58.79
Costs to cover: 0.998%
Break-even: never at this rate

Slippage from HTX: live order book, 31 min ago; ApeX Omni: live order book, 30 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 HTX live order book, 31 min ago	17.58 bp	29.1 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 30 min ago	13.85 bp	24.9 bp −$25	129.4 bp −$1,294	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	+0.499%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4395	−0.160%	$2.3M	$2.9M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0096%	8h	1.4385	−0.228%	$2K	$19	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4386	−0.222%	$35.4M	$7.3M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4393	−0.170%	$20.4M	$28.7M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4388	−0.208%	$30.3M	$14.1M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4380	−0.264%	$8.6M	$8.7M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4390	−0.194%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4390	−0.194%	$15.4M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4391	−0.187%	$8.8M	$10.5M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRAMUSDT	+0.0100%	4h	1.4389	−0.201%	$7.1M	$4.2M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4458	+0.279%	$17K	$275K	10x	as long as short
ApeX Omni GRAMUSDTshort	+0.0100%	1h	1.4440	+0.153%	$14K	$614K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4410	−0.055%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4466	+0.333%	$7K	$607K	10x	as long as short
HTX GRAM-USDTlong	+0.0100%	4h	1.4418	long leg	$329K	$672K	30x
Phemex GRAMUSDT	+0.0100%	4h	1.4360	−0.402%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4388	−0.211%	$168K	$123K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0183%	1h	1.4373	−0.312%	$53K	$16K	10x	as long as short
Aster GRAMUSDT	+0.0184%	4h	1.4397	−0.147%	$965K	$127K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4440	+0.153%	$1.4M	$230K	50x	as long as short