Funding you earn now, next payment 00:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.93 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget+0.380%46s7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.755% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.380%, 7d avg +0.236%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and HTX is 0.144% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.236%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRAMUSDT | 1.4461 | 0.0100 | pay 0.0050% / 4h | 18m 20s | $7.2M | $3.9M | 50x |
| Short | HTX GRAM-USDT | 1.4516 | 0.0286 | get 0.0143% / 4h | 18m 20s | $336K | $631K | 30x |
Bitget GRAMUSDT
HTX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- $39.15
- Price spread: +0.380% → +0.236%
- $14.41
- Slippage, 4 orders
- −$51.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$21.99
- Costs to cover
- 0.755%
- Break-even
- 10.9 days
Slippage from Bitget: live order book, 5 min ago; HTX: live order book, 60 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 Bitget live order book, 5 min ago | 3.12 bp | 13.1 bp −$13 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell HTX live order book, 60 min ago | 8.97 bp | 17.8 bp −$18 | 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 | +0.201% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4457 | −0.028% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4473 | +0.083% | $35.6M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4458 | −0.023% | $20.4M | $27.0M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.007% | $30.6M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4450 | −0.076% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4463 | +0.014% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4450 | −0.076% | $15.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4462 | +0.007% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDTlong | +0.0100% | 4h | 1.4461 | long leg | $7.2M | $3.9M | 50x |
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 GRAMUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4469 | +0.055% | $43K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4441 | −0.136% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4450 | −0.076% | $14K | $598K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4470 | +0.062% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4477 | +0.111% | $7K | $592K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.007% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4464 | +0.021% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0156% | 4h | 1.4491 | +0.207% | $969K | $104K | 50x | as long as short |
| HTX GRAM-USDTshort | +0.0286% | 4h | 1.4516 | +0.380% | $336K | $631K | 30x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4460 | −0.007% | $1.4M | $205K | 50x | as long as short |
| Lighter GRAM | +0.0888% | 1h | 1.4491 | +0.207% | $2.7M | $2.3M | 20x | 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
Lighter GRAM