Funding you earn now, next payment 01:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h −0.105%
Price spread now: HTX against Lighter+0.239%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.239%, 7d avg +0.105%
=Together, before fees−0.112%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.134% dearer against Lighter than usual: you sell high and buy low (spread +0.239% now, against its 7-day average of +0.105%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRAM | 1.4486 | 0.0272 | pay 0.0034% / 1h | 37m 07s | $2.6M | $2.4M | 20x |
| Short | HTX GRAM-USDT | 1.4521 | 0.0241 | get 0.0120% / 4h | 3h 37m | $337K | $618K | 30x |
Lighter GRAM
HTX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Lighter. 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
- −$6.57
- Price spread: +0.239% → +0.105%
- $13.4
- Slippage, 4 orders
- −$51.89
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$57.06
- Costs to cover
- 0.639%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; HTX: live order book, 36 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 Lighter live order book, 5 min ago | 0.93 bp | 4.4 bp −$4 | 25.3 bp −$253 | 169.8 bp −$17.0K | doesn't fit |
| Sell HTX live order book, 36 min ago | 6.56 bp | 13.2 bp −$13 | 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 | +0.025% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4460 | −0.184% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4482 | −0.030% | $35.6M | $6.9M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4467 | −0.135% | $20.4M | $27.0M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4462 | −0.168% | $30.6M | $13.7M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4460 | −0.182% | $8.6M | $8.3M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4469 | −0.120% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4470 | −0.113% | $15.4M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4468 | −0.127% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4467 | −0.134% | $7.2M | $3.9M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4473 | −0.093% | $53K | $20K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4467 | −0.137% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4470 | −0.113% | $14K | $600K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4460 | −0.182% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4476 | −0.072% | $7K | $592K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.182% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4463 | −0.161% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0204% | 4h | 1.4486 | −0.001% | $975K | $110K | 50x | as long as short |
| HTX GRAM-USDTshort | +0.0241% | 4h | 1.4521 | +0.239% | $337K | $618K | 30x | |
| Lighter GRAMlong | +0.0272% | 1h | 1.4486 | long leg | $2.6M | $2.4M | 20x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4470 | −0.113% | $1.4M | $202K | 50x | as long as short |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT