Funding you earn now, next payment 00:00 UTC+0.0775%/8h= +84.9% APRnext payment +$3.88 per $10,000 · paid last 24h +0.004%
Price spread now: HTX against KuCoin+0.193%7-day average +0.217% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1061.058% of the position
Funding, last 7 days+0.401%+$40 on $10k
+Price spread, last 3 days (all we have)+0.310%+$31 · spread now +0.193%, 7d avg +0.217%
=Funding pays, the price is against you. HTX is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.193% now, against its 7-day average of +0.217%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.401% in total) that is about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.401% in total (about 20.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 per $10,000. 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 | KuCoin GRAMUSDTM | 1.4495 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $8.7M | $10.9M | 50x |
| Short | HTX GRAM-USDT | 1.4523 | 0.0875 | get 0.0438% / 4h | 2h 00m | $336K | $629K | 30x |
KuCoin GRAMUSDTM
HTX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against KuCoin. 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
- $162.81
- Price spread: +0.193% → +0.217%
- −$2.35
- Slippage, 4 orders
- −$81.77
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $54.69
- Costs to cover
- 1.058%
- Break-even
- 4.6 days
Slippage from KuCoin: live order book, 8 min ago; HTX: live order book, 23 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 KuCoin live order book, 8 min ago | 1.03 bp | 14.4 bp −$14 | 61.6 bp −$616 | doesn't fit | doesn't fit |
| Sell HTX live order book, 23 min ago | 17.46 bp | 31.7 bp −$32 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4491 | −0.026% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4494 | −0.010% | $20.5M | $26.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4499 | +0.028% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4480 | −0.103% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4496 | +0.007% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4500 | +0.034% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTMlong | +0.0100% | 4h | 1.4495 | long leg | $8.7M | $10.9M | 50x | |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4498 | +0.021% | $7.2M | $3.9M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4502 | +0.048% | $45K | $13K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4470 | −0.171% | $17K | $271K | 10x | as long as short |
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4480 | −0.103% | $13K | $593K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4490 | −0.034% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4506 | +0.076% | $6K | $592K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4500 | +0.034% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4498 | +0.023% | $169K | $123K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4490 | −0.034% | $4K | $143K | 12x | as long as short |
| Hyperliquid GRAM | +0.0205% | 1h | 1.4514 | +0.131% | $35.8M | $6.9M | 5x | as long as short |
| Aster GRAMUSDT | +0.0238% | 4h | 1.4510 | +0.103% | $965K | $102K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4500 | +0.034% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAM | +0.0752% | 1h | 1.4525 | +0.206% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDTshort | +0.0875% | 4h | 1.4523 | +0.193% | $336K | $629K | 30x |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Hyperliquid GRAM
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM