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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0564%/8h= −61.8% APRnext payment $2.82 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against HTX−0.289%7-day average −0.224% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$990.989% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.472%−$47 on $10k
Price spread, last 3 days (all we have)−0.085%−$9 · spread now −0.289%, 7d avg −0.224%
Together, before fees−0.558%−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Gate is 0.064% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.224%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GRAM-USDT1.45510.0664pay 0.0332% / 4h1h 44m$337K$621K30x
ShortGate GRAM_USDT1.45090.0100get 0.0050% / 4h1h 44m$3.7M$3.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$118.5
Price spread: −0.289% → −0.224%
−$6.43
Slippage, 4 orders
−$71.91
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$223.84
Costs to cover
0.989%
Break-even
never at this rate
Slippage from HTX: live order book, 39 min ago; Gate: live order book, 4 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 HTX live order book, 39 min ago17.46 bp32.5 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago2.41 bp16.5 bp −$1674.5 bp −$745doesn'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−0.0387%1h1.4490−0.419%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0099%8h1.4514−0.253%$2K$305xas long as short
Binance GRAMUSDT+0.0100%4h1.4510−0.285%$20.5M$26.7M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4500−0.350%$30.7M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4500−0.350%$8.7M$8.5M50xas long as short
Gate GRAM_USDTshort+0.0100%4h1.4509−0.289%$3.7M$3.2M75x
MEXC GRAM_USDT+0.0100%4h1.4510−0.282%$15.4M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4520−0.213%$8.6M$11.0M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4503−0.330%$7.2M$3.8M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4531−0.137%$46K$13K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4487−0.438%$17K$272K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4490−0.419%$13K$589K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4510−0.282%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4536−0.103%$7K$590K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4510−0.282%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4505−0.315%$169K$123K5xas long as short
Aster GRAMUSDT+0.0239%4h1.4545−0.040%$967K$98K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4530−0.144%$1.4M$211K50xas long as short
Hyperliquid GRAM+0.0421%1h1.4522−0.199%$35.9M$6.9M5xas long as short
HTX GRAM-USDTlong+0.0664%4h1.4551long leg$337K$621K30x
Lighter GRAM+0.0720%1h1.4535−0.111%$2.7M$2.3M20xas long as short