Funding you earn now, next payment 00:00 UTC−0.0920%/8h= −100.8% APRnext payment −$4.60 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against HTX−0.501%7-day average −0.244% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$820.821% of the position
Funding, last 7 days−0.415%−$41 on $10k
+Price spread, last 3 days (all we have)−0.071%−$7 · spread now −0.501%, 7d avg −0.244%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Binance is 0.256% cheaper against HTX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.244%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.415% in total (about -21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX GRAM-USDT | 1.4583 | 0.1020 | pay 0.0510% / 4h | 2h 11m | $338K | $629K | 30x |
| Short | Binance GRAMUSDT | 1.4510 | 0.0100 | get 0.0050% / 4h | 2h 11m | $20.6M | $26.7M | 50x |
HTX GRAM-USDT
Binance GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- −$193.3
- Price spread: −0.501% → −0.244%
- −$25.62
- Slippage, 4 orders
- −$60.08
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$301
- Costs to cover
- 0.821%
- Break-even
- never at this rate
Slippage from HTX: live order book, 12 min ago; Binance: live order book, 15 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 HTX live order book, 12 min ago | 17.46 bp | 32.5 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.44 bp | 9.4 bp −$9 | 25.1 bp −$251 | 192.4 bp −$19.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4509 | −0.511% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDTshort | +0.0100% | 4h | 1.4510 | −0.501% | $20.6M | $26.7M | 50x | |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4510 | −0.501% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4510 | −0.501% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4516 | −0.459% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4510 | −0.501% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4514 | −0.473% | $8.6M | $11.0M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4515 | −0.466% | $7.2M | $3.9M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4536 | −0.322% | $46K | $13K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4539 | −0.305% | $17K | $271K | 10x | as long as short |
Paradex GRAM-USD-PERP
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
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 | 1.4560 | −0.158% | $14K | $593K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4530 | −0.363% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4546 | −0.254% | $7K | $590K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4520 | −0.432% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4509 | −0.511% | $170K | $123K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4490 | −0.638% | $4K | $143K | 12x | as long as short |
| Hyperliquid GRAM | +0.0149% | 1h | 1.4530 | −0.364% | $35.8M | $6.9M | 5x | as long as short |
| Aster GRAMUSDT | +0.0248% | 4h | 1.4538 | −0.309% | $967K | $102K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4540 | −0.295% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAM | +0.0776% | 1h | 1.4544 | −0.266% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDTlong | +0.1020% | 4h | 1.4583 | long leg | $338K | $629K | 30x |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Hyperliquid GRAM
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM