Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0170%/8h= +18.6% APRpaid last 24h +0.004%
Price spread now: HTX against Extended+0.358%7-day average +0.273% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$880.884% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.420%+$42 on $10k
Price spread, last 3 days (all we have)+0.056%+$6 · spread now +0.358%, 7d avg +0.273%
Together, before fees+0.476%+ Points / potential airdropExtended: Active · farm board+$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and HTX is 0.085% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.273%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRAM-USD1.44940.0104pay 0.0013% / 1h40m 26s$169K$123K5x
ShortHTX GRAM-USDT1.45460.0274get 0.0137% / 4h40m 26s$337K$628K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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

Funding earned
$35.68
Price spread: +0.358% → +0.273%
$8.47
Slippage, 4 orders
−$71.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$44.25
Costs to cover
0.884%
Break-even
15.7 days
Slippage from Extended: live order book, 36 min ago; HTX: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 36 min ago5.54 bp18.5 bp −$1885.0 bp −$850doesn't fitdoesn't fit
Sell HTX live order book, 38 min ago8.97 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.4490−0.028%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4491−0.020%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4508+0.096%$35.6M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4495+0.006%$20.5M$26.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4492−0.014%$30.7M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4480−0.097%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4499+0.034%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4490−0.028%$15.4M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4495+0.006%$8.9M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4499+0.034%$7.1M$3.9M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4498+0.027%$43K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4518+0.162%$17K$273K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4520+0.179%$13K$591K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4500+0.041%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4517+0.158%$7K$591K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4490−0.028%$1.6M$1.7M20xas long as short
Extended GRAM-USDlong+0.0104%1h1.4494long leg$169K$123K5x
Aster GRAMUSDT+0.0151%4h1.4516+0.151%$966K$99K50xas long as short
HTX GRAM-USDTshort+0.0274%4h1.4546+0.358%$337K$628K30x
BloFin GRAM-USDT+0.0340%4h1.4500+0.041%$1.4M$216K50xas long as short
Lighter GRAM+0.0792%1h1.4527+0.228%$2.7M$2.3M20xas long as short