Funding you earn now, next payment 04:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.47 per $10,000 · paid last 24h −0.011%
Price spread now: KuCoin against HTX−0.331%51s7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as 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−$970.966% of the position
Funding, last 7 days−0.405%−$40 on $10k
+Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.331%, 7d avg −0.215%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.116% cheaper against HTX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.215%). Swap the legs. The two prices were read 51 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 | HTX GRAM-USDT | 1.4494 | 0.0194 | pay 0.0097% / 4h | 3h 48m | $336K | $618K | 30x |
| Short | KuCoin GRAMUSDTM | 1.4446 | 0.0100 | get 0.0050% / 4h | 3h 48m | $8.9M | $10.9M | 50x |
HTX GRAM-USDT
KuCoin GRAMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$19.71
- Price spread: −0.331% → −0.215%
- −$11.59
- Slippage, 4 orders
- −$72.64
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$127.93
- Costs to cover
- 0.966%
- Break-even
- never at this rate
Slippage from HTX: live order book, 25 min ago; KuCoin: live order book, 10 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, 25 min ago | 6.56 bp | 42.1 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 2.42 bp | 17.8 bp −$18 | 50.7 bp −$507 | 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 | −0.028% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4441 | −0.367% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4456 | −0.262% | $35.6M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4444 | −0.344% | $20.4M | $26.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4440 | −0.373% | $30.6M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4440 | −0.373% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4445 | −0.338% | $3.7M | $3.1M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4440 | −0.373% | $15.4M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTMshort | +0.0100% | 4h | 1.4446 | −0.331% | $8.9M | $10.9M | 50x | |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4446 | −0.331% | $7.2M | $3.9M | 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
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 | 1.4477 | −0.117% | $52K | $19K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4464 | −0.205% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4460 | −0.235% | $14K | $599K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4450 | −0.304% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4466 | −0.193% | $7K | $591K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4440 | −0.373% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4441 | −0.365% | $169K | $123K | 5x | as long as short |
| Lighter GRAM | +0.0144% | 1h | 1.4463 | −0.214% | $2.6M | $2.4M | 20x | as long as short |
| Aster GRAMUSDT | +0.0177% | 4h | 1.4466 | −0.190% | $974K | $111K | 50x | as long as short |
| HTX GRAM-USDTlong | +0.0194% | 4h | 1.4494 | long leg | $336K | $618K | 30x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4440 | −0.373% | $1.3M | $205K | 50x | 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
Lighter GRAM
Aster GRAMUSDT
BloFin GRAM-USDT