Funding you earn now, next payment 22:00 UTC−0.0601%/8h= −65.8% APRpaid last 24h +0.095%
Price spread now: Lighter against HTX−0.001%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$830.826% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 3 days (all we have)−0.258%−$26 · spread now −0.001%, 7d avg −0.109%
=Together, before fees−0.284%+ Points / potential airdropLighter: Season 3 · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.107% dearer against HTX than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.109%): +$11 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.027% in total) that is about 28 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment. 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 | 1.4593 | 0.1457 | pay 0.0728% / 4h | 2h 36m | $338K | $627K | 30x |
| Short | Lighter GRAM | 1.4593 | 0.0856 | get 0.0107% / 1h | 36m 40s | $2.8M | $2.5M | 20x |
HTX GRAM-USDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$126.2
- Price spread: −0.001% → −0.109%
- $10.72
- Slippage, 4 orders
- −$70.6
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$198.08
- Costs to cover
- 0.826%
- Break-even
- never at this rate
Slippage from HTX: live order book, 52 min ago; Lighter: 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, 52 min ago | 10.58 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.03 bp | 10.2 bp −$10 | 22.3 bp −$223 | 167.3 bp −$16.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4557 | −0.250% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4576 | −0.116% | $35.9M | $6.9M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4560 | −0.224% | $20.9M | $25.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4564 | −0.199% | $30.7M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4540 | −0.363% | $8.7M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4559 | −0.233% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4560 | −0.226% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4552 | −0.281% | $8.7M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4556 | −0.254% | $7.2M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4566 | −0.185% | $44K | $12K | 10x | as long as short |
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4526 | −0.459% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4500 | −0.637% | $13K | $589K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4560 | −0.226% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4576 | −0.116% | $7K | $573K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4560 | −0.226% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4558 | −0.237% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | −0.363% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDT | +0.0260% | 4h | 1.4565 | −0.189% | $969K | $100K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4550 | −0.295% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAMshort | +0.0856% | 1h | 1.4593 | −0.001% | $2.8M | $2.5M | 20x | |
| HTX GRAM-USDTlong | +0.1457% | 4h | 1.4593 | long leg | $338K | $627K | 30x |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Aster GRAMUSDT
BloFin GRAM-USDT