Funding you earn now, next payment 06:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.005%
Price spread now: HTX against Backpack+0.363%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.449%+$45 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.363% dearer against Backpack than usual: you sell high and buy low (spread +0.363% now, against zero (this spread has no 7-day history yet)): +$36 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 3.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.449%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack GRAM_USDC_PERP | 1.4332 | 0.0407 | pay 0.0051% / 1h | 28m 01s | $53K | $16K | 10x |
| Short | HTX GRAM-USDT | 1.4384 | 0.0100 | get 0.0050% / 4h | 2h 28m | $330K | $584K | 30x |
Backpack GRAM_USDC_PERP
HTX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Backpack. 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
- −$64.37
- Price spread: +0.363% → 0.000%
- $36.28
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$50.09
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Backpack: no order-book sample; HTX: live order book, 21 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 Backpack no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 21 min ago | 12.82 bp | 20.0 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
Backpack: 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 | +1.102% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4340 | +0.052% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4322 | −0.071% | $20.2M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4315 | −0.119% | $30.3M | $13.7M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4320 | −0.084% | $8.5M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4323 | −0.063% | $3.5M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4320 | −0.084% | $16.4M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4319 | −0.091% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4319 | −0.091% | $7.0M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4334 | +0.015% | $17K | $276K | 10x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
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 | 1.4350 | +0.126% | $14K | $617K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4330 | −0.014% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4376 | +0.307% | $6K | $561K | 10x | as long as short |
| HTX GRAM-USDTshort | +0.0100% | 4h | 1.4384 | +0.363% | $330K | $584K | 30x | |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4330 | −0.014% | $1.5M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4314 | −0.128% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4316 | −0.112% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0220% | 4h | 1.4349 | +0.116% | $962K | $119K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4330 | −0.014% | $1.4M | $237K | 50x | as long as short |
| Backpack GRAM_USDC_PERPlong | +0.0407% | 1h | 1.4332 | long leg | $53K | $16K | 10x | |
| Hyperliquid GRAM | +0.0429% | 1h | 1.4339 | +0.049% | $35.3M | $7.6M | 5x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
Hyperliquid GRAM