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: HTX against Phemex+0.153%7-day average +0.254% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1821.819% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now +0.153%, 7d avg +0.254%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.101% cheaper against Phemex than usual: you would sell low and buy high, −$10 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 | Phemex GRAMUSDT | 1.4400 | 0.0100 | pay 0.0050% / 4h | 42m 02s | $1.5M | $1.8M | 20x |
| Short | HTX GRAM-USDT | 1.4422 | 0.0100 | get 0.0050% / 4h | 42m 02s | $336K | $621K | 30x |
Phemex GRAMUSDT
HTX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phemex. 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: +0.153% → +0.254%
- −$10.13
- Slippage, 4 orders
- −$157.89
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$192.02
- Costs to cover
- 1.819%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; HTX: live order book, 17 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 Phemex live order book, 1 min ago | 17.37 bp | 64.4 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 17 min ago | 17.58 bp | 23.6 bp −$24 | 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 | +0.625% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0097% | 8h | 1.4392 | −0.054% | $2K | $19 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4413 | +0.090% | $35.4M | $7.3M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4400 | 0.000% | $20.5M | $28.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4384 | −0.111% | $30.4M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4390 | −0.069% | $8.6M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4402 | +0.014% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4390 | −0.069% | $15.1M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4392 | −0.056% | $8.7M | $10.5M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4401 | +0.007% | $7.2M | $4.2M | 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 | 1.4406 | +0.042% | $53K | $16K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4358 | −0.290% | $17K | $275K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4410 | +0.069% | $14K | $610K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4390 | −0.069% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4419 | +0.132% | $7K | $602K | 10x | as long as short |
| HTX GRAM-USDTshort | +0.0100% | 4h | 1.4422 | +0.153% | $336K | $621K | 30x | |
| Phemex GRAMUSDTlong | +0.0100% | 4h | 1.4400 | long leg | $1.5M | $1.8M | 20x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4389 | −0.074% | $168K | $123K | 5x | as long as short |
| Lighter GRAM | +0.0120% | 1h | 1.4406 | +0.040% | $2.3M | $2.9M | 20x | as long as short |
| Aster GRAMUSDT | +0.0235% | 4h | 1.4416 | +0.114% | $966K | $126K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4410 | +0.069% | $1.4M | $229K | 50x | as long as short |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Extended GRAM-USD
Lighter GRAM
Aster GRAMUSDT
BloFin GRAM-USDT