Funding you earn now, next payment 00:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX−0.378%7-day average −0.243% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$820.818% of the position
Funding, last 7 days−0.447%−$45 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.378%, 7d avg −0.243%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.135% cheaper against HTX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.243%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX GRAM-USDT | 1.4557 | 0.0290 | pay 0.0145% / 4h | 35m 01s | $336K | $628K | 30x |
| Short | Bybit GRAMUSDT | 1.4502 | 0.0100 | get 0.0050% / 4h | 35m 01s | $30.7M | $14.0M | 50x |
HTX GRAM-USDT
Bybit GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$39.81
- Price spread: −0.378% → −0.243%
- −$13.5
- Slippage, 4 orders
- −$58.84
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$135.16
- Costs to cover
- 0.818%
- Break-even
- never at this rate
Slippage from HTX: live order book, 44 min ago; Bybit: live order book, 4 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, 44 min ago | 8.97 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.45 bp | 14.3 bp −$14 | 29.2 bp −$292 | 482.6 bp −$48.3K | 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 | −0.460% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4514 | −0.295% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4519 | −0.261% | $35.7M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4510 | −0.323% | $20.5M | $26.9M | 50x | as long as short |
| Bybit GRAMUSDTshort | +0.0100% | 4h | 1.4502 | −0.378% | $30.7M | $14.0M | 50x | |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4500 | −0.392% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4511 | −0.316% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4500 | −0.392% | $15.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4511 | −0.316% | $9.0M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4510 | −0.323% | $7.1M | $3.9M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4512 | −0.309% | $44K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4501 | −0.383% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4530 | −0.185% | $13K | $592K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4520 | −0.254% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4527 | −0.206% | $7K | $590K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4500 | −0.392% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4508 | −0.338% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0161% | 4h | 1.4536 | −0.142% | $967K | $99K | 50x | as long as short |
| HTX GRAM-USDTlong | +0.0290% | 4h | 1.4557 | long leg | $336K | $628K | 30x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4520 | −0.254% | $1.4M | $216K | 50x | as long as short |
| Lighter GRAM | +0.0824% | 1h | 1.4540 | −0.116% | $2.8M | $2.3M | 20x | as long as short |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM