Funding arb · Price arb /

GRAM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: HTX against Paradex+0.241%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.241% dearer against Paradex than usual: you sell high and buy low, +$24 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex GRAM-USD-PERP	1.4381	0.0100	pay 0.0100% / 8h	7h 01m	$2K	$31	5x
Short	HTX GRAM-USDT	1.4416	0.0100	get 0.0050% / 4h	3h 01m	$305K	$592K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Paradex. 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 ParadexbpFee HTXbpOrdersPrice spread, now +0.241%Rate

Funding earned: −$0.04
Price spread: +0.241% → 0.000%: $24.09
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee HTX: 6 bp × 2 orders: −$12
Net: $8.05
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; HTX: live order book, 32 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell HTX live order book, 32 min ago	10.16 bp	17.1 bp −$17	doesn't fit	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.755%	$4K	$143K	12x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4380	−0.009%	$20.2M	$26.8M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4380	−0.009%	$30.5M	$13.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4380	−0.009%	$8.6M	$7.9M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4386	+0.032%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4380	−0.009%	$16.0M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4387	+0.039%	$8.8M	$9.7M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4383	+0.011%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4384	+0.020%	$17K	$276K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4390	+0.060%	$14K	$617K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4380	−0.009%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4417	+0.248%	$6K	$538K	10x	as long as short
HTX GRAM-USDTshort	+0.0100%	4h	1.4416	+0.241%	$305K	$592K	30x
Phemex GRAMUSDT	+0.0100%	4h	1.4370	−0.079%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERPlong	+0.0100%	8h	1.4381	long leg	$2K	$31	5x
Extended GRAM-USD	+0.0104%	1h	1.4376	−0.037%	$130K	$159K	5x	as long as short
Hyperliquid GRAM	+0.0179%	1h	1.4393	+0.081%	$35.3M	$7.6M	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0248%	1h	1.4381	−0.003%	$54K	$13K	10x	as long as short
Lighter GRAM	+0.0280%	1h	1.4397	+0.107%	$2.3M	$2.9M	20x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4390	+0.060%	$1.4M	$233K	50x	as long as short
Aster GRAMUSDT	+0.0344%	4h	1.4404	+0.156%	$970K	$125K	50x	as long as short