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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: OKX against HTX−0.194%7-day average −0.303% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$820.820% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.387%−$39 on $10k

Price spread, last 4 days (all we have)−0.408%−$41 · spread now −0.194%, 7d avg −0.303%

Together, before fees−0.795%−$79 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: OKX is 0.109% dearer against HTX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.303%.

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 33s	$329K	$672K	30x
Short	OKX GRAM-USDT-SWAP	1.4390	0.0100	get 0.0050% / 4h	27m 33s	$8.6M	$8.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.194%Rate

Funding earned: $0
Price spread: −0.194% → −0.303%: $10.86
Slippage, 4 orders: −$59.97
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$71.11
Costs to cover: 0.820%
Break-even: never at this rate

Slippage from HTX: live order book, 31 min ago; OKX: live order book, 6 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 OKX live order book, 6 min ago	3.46 bp	11.4 bp −$11	38.4 bp −$384	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	1.4412	−0.042%	$35.4M	$7.3M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4400	−0.125%	$20.4M	$28.7M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4390	−0.194%	$30.3M	$14.1M	50x	as long as short
OKX GRAM-USDT-SWAPshort	+0.0100%	4h	1.4390	−0.194%	$8.6M	$8.7M	50x
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	1.4400	−0.125%	$15.4M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4399	−0.132%	$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	1.4401	−0.118%	$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 GRAMUSDT	+0.0100%	1h	1.4450	+0.222%	$14K	$613K	50x	as long as short
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	1.4400	−0.126%	$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