Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Phemex against HTX−0.402%7-day average −0.254% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1801.798% of the position
Funding, last 7 days−0.344%−$34 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.402%, 7d avg −0.254%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.148% cheaper against HTX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.254%.
| 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 57s | $329K | $672K | 30x |
| Short | Phemex GRAMUSDT | 1.4360 | 0.0100 | get 0.0050% / 4h | 27m 57s | $1.5M | $1.8M | 20x |
HTX GRAM-USDT
Phemex GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.402% → −0.254%
- −$14.82
- Slippage, 4 orders
- −$155.83
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$194.64
- Costs to cover
- 1.798%
- Break-even
- never at this rate
Slippage from HTX: live order book, 31 min ago; Phemex: 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, 31 min ago | 17.58 bp | 29.1 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 13.84 bp | 62.2 bp −$62 | doesn't fit | 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 | 1.4382 | −0.248% | $2.3M | $2.9M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0096% | 8h | 1.4434 | +0.108% | $2K | $19 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4380 | −0.263% | $35.4M | $7.3M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4371 | −0.327% | $20.4M | $28.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4361 | −0.395% | $30.2M | $14.1M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4380 | −0.264% | $8.6M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4364 | −0.375% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4380 | −0.264% | $15.4M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4363 | −0.381% | $8.8M | $10.5M | 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 | 1.4373 | −0.312% | $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 | 1.4440 | +0.153% | $14K | $614K | 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 GRAMUSDTshort | +0.0100% | 4h | 1.4360 | −0.402% | $1.5M | $1.8M | 20x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4367 | −0.352% | $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 | +0.0199% | 4h | 1.4409 | −0.061% | $966K | $127K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4440 | +0.153% | $1.4M | $230K | 50x | as long as short |
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Extended GRAM-USD
Backpack GRAM_USDC_PERP
Aster GRAMUSDT
BloFin GRAM-USDT