Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.064%
Price spread now: BloFin against HTX−0.334%7-day average −0.260% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$850.853% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.334%, 7d avg −0.260%
=Funding pays, the price is against you. BloFin is 0.073% cheaper against HTX than usual: you would sell low and buy high (spread −0.334% now, against its 7-day average of −0.260%). If the spread goes back, that is −$7 on $10k: about 24 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.053% in total) that is about 9.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.7% 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 is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX GRAM-USDT | 1.4378 | 0.0100 | pay 0.0050% / 4h | 2m 41s | $326K | $677K | 30x |
| Short | BloFin GRAM-USDT | 1.4330 | 0.0340 | get 0.0170% / 4h | 2m 41s | $1.4M | $231K | 50x |
HTX GRAM-USDT
BloFin GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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: −0.334% → −0.260%
- −$7.34
- Slippage, 4 orders
- −$61.32
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.26
- Costs to cover
- 0.853%
- Break-even
- 12.9 days
Slippage from HTX: live order book, 56 min ago; BloFin: live order book, 5 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, 56 min ago | 17.58 bp | 29.1 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 3.48 bp | 10.1 bp −$10 | 23.2 bp −$232 | 138.6 bp −$13.9K | 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 | +0.779% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4367 | −0.074% | $2.3M | $2.9M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4346 | −0.222% | $2K | $19 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4366 | −0.083% | $35.3M | $7.3M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4353 | −0.171% | $20.3M | $28.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4352 | −0.181% | $30.3M | $14.2M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4350 | −0.195% | $8.6M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4353 | −0.174% | $3.6M | $3.6M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4350 | −0.195% | $15.4M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4361 | −0.118% | $8.9M | $10.4M | 50x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4351 | −0.188% | $7.1M | $4.2M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4366 | −0.086% | $17K | $274K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4350 | −0.195% | $14K | $615K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4350 | −0.195% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4377 | −0.007% | $6K | $612K | 10x | as long as short |
| HTX GRAM-USDTlong | +0.0100% | 4h | 1.4378 | long leg | $326K | $677K | 30x | |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4350 | −0.195% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4351 | −0.191% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0109% | 4h | 1.4354 | −0.170% | $962K | $127K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0267% | 1h | 1.4362 | −0.111% | $53K | $16K | 10x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4330 | −0.334% | $1.4M | $231K | 50x |
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Backpack GRAM_USDC_PERP