Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: OKX against HTX−0.510%7-day average −0.305% · you buy dearer than you sell

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$870.874% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.387%−$39 on $10k

Price spread, last 4 days (all we have)−0.280%−$28 · spread now −0.510%, 7d avg −0.305%

Together, before fees−0.667%−$67 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.205% cheaper against HTX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.305%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GRAM-USDT	1.4504	0.0100	pay 0.0050% / 4h	1h 03m	$338K	$620K	30x
Short	OKX GRAM-USDT-SWAP	1.4430	0.0100	get 0.0050% / 4h	1h 03m	$8.7M	$8.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee OKXbpOrdersPrice spread, now −0.510%Rate

Funding earned: $0
Price spread: −0.510% → −0.305%: −$20.54
Slippage, 4 orders: −$65.4
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$107.94
Costs to cover: 0.874%
Break-even: never at this rate

Slippage from HTX: live order book, 60 min ago; OKX: live order book, 4 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, 60 min ago	19.60 bp	32.1 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	3.45 bp	14.9 bp −$15	36.7 bp −$367	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	−0.097%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4411	−0.639%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4449	−0.378%	$20.6M	$28.2M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4431	−0.503%	$30.5M	$13.9M	50x	as long as short
OKX GRAM-USDT-SWAPshort	+0.0100%	4h	1.4430	−0.510%	$8.7M	$8.6M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4434	−0.483%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4440	−0.441%	$15.2M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4443	−0.421%	$8.8M	$10.4M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4437	−0.462%	$7.2M	$4.1M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4467	−0.255%	$53K	$16K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRAMUSDC	+0.0100%	4h	1.4456	−0.329%	$17K	$274K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4470	−0.234%	$14K	$607K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4460	−0.303%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4489	−0.103%	$6K	$597K	10x	as long as short
HTX GRAM-USDTlong	+0.0100%	4h	1.4504	long leg	$338K	$620K	30x
Phemex GRAMUSDT	+0.0100%	4h	1.4470	−0.234%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4426	−0.540%	$169K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0311%	1h	1.4444	−0.414%	$35.6M	$7.2M	5x	as long as short
Aster GRAMUSDT	+0.0314%	4h	1.4450	−0.372%	$968K	$126K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4460	−0.303%	$1.4M	$207K	50x	as long as short
Lighter GRAM	+0.0792%	1h	1.4454	−0.347%	$2.6M	$2.4M	20x	as long as short