Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.064%
Price spread now: BloFin against HTX−0.195%7-day average −0.261% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$720.725% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.195%, 7d avg −0.261%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.065% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.261%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.069% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 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 | 1.4328 | 0.0100 | pay 0.0050% / 4h | 20m 21s | $304K | $639K | 30x |
| Short | BloFin GRAM-USDT | 1.4300 | 0.0340 | get 0.0170% / 4h | 20m 21s | $1.4M | $242K | 50x |
HTX GRAM-USDT
BloFin GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: −0.195% → −0.261%
- $6.52
- Slippage, 4 orders
- −$48.46
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.53
- Costs to cover
- 0.725%
- Break-even
- 9.2 days
Slippage from HTX: live order book, 18 min ago; BloFin: live order book, 2 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, 18 min ago | 6.96 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 3.49 bp | 9.5 bp −$9 | 26.0 bp −$260 | 237.9 bp −$23.8K | 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 | +1.131% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4321 | −0.049% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4300 | −0.194% | $20.1M | $27.3M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4300 | −0.195% | $30.3M | $13.4M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4310 | −0.126% | $8.5M | $8.0M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4306 | −0.154% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4300 | −0.195% | $16.2M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4307 | −0.147% | $8.8M | $10.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4309 | −0.133% | $7.0M | $4.0M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4318 | −0.070% | $53K | $15K | 10x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4302 | −0.178% | $16K | $275K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4320 | −0.056% | $14K | $616K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4310 | −0.126% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4327 | −0.007% | $6K | $560K | 10x | as long as short |
| HTX GRAM-USDTlong | +0.0100% | 4h | 1.4328 | long leg | $304K | $639K | 30x | |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4300 | −0.195% | $1.5M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4307 | −0.147% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4302 | −0.179% | $168K | $122K | 5x | as long as short |
| Hyperliquid GRAM | +0.0162% | 1h | 1.4325 | −0.021% | $35.3M | $7.7M | 5x | as long as short |
| Aster GRAMUSDT | +0.0219% | 4h | 1.4332 | +0.028% | $967K | $124K | 50x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4300 | −0.195% | $1.4M | $242K | 50x |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
Aster GRAMUSDT