Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%

Price spread now: HTX against OKX+0.328%7-day average +0.300% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$710.713% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.371%+$37 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.328%, 7d avg +0.300%

Together, before fees+0.454%+$45 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: HTX is 0.028% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.300%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRAM-USDT-SWAP	1.4340	0.0100	pay 0.0050% / 4h	1h 32m	$8.6M	$8.1M	50x
Short	HTX GRAM-USDT	1.4387	0.0100	get 0.0050% / 4h	1h 32m	$330K	$587K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now +0.328%Rate

Funding earned: $0
Price spread: +0.328% → +0.300%: $2.79
Slippage, 4 orders: −$49.32
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$68.52
Costs to cover: 0.713%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; HTX: live order book, 11 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 OKX live order book, 6 min ago	3.48 bp	15.9 bp −$16	33.8 bp −$338	doesn't fit	doesn't fit
Sell HTX live order book, 11 min ago	10.07 bp	16.5 bp −$16	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	+1.046%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4367	+0.188%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4349	+0.066%	$20.3M	$27.3M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4340	0.000%	$30.3M	$13.5M	50x	as long as short
OKX GRAM-USDT-SWAPlong	+0.0100%	4h	1.4340	long leg	$8.6M	$8.1M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4347	+0.049%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4340	0.000%	$16.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4354	+0.098%	$9.0M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4345	+0.035%	$7.0M	$4.0M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4360	+0.139%	$53K	$16K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRAMUSDC	+0.0100%	4h	1.4360	+0.139%	$17K	$275K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4360	+0.139%	$14K	$615K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4350	+0.070%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4377	+0.258%	$7K	$558K	10x	as long as short
HTX GRAM-USDTshort	+0.0100%	4h	1.4387	+0.328%	$330K	$587K	30x
Phemex GRAMUSDT	+0.0100%	4h	1.4350	+0.070%	$1.5M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4345	+0.033%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4347	+0.047%	$168K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0109%	1h	1.4365	+0.174%	$35.4M	$7.6M	5x	as long as short
Aster GRAMUSDT	+0.0149%	4h	1.4376	+0.249%	$964K	$118K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4340	0.000%	$1.4M	$238K	50x	as long as short