Funding you earn now, next payment 00:00 UTC−0.0417%/8h= −45.6% APRnext payment −$2.08 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX−0.290%7-day average −0.245% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days−0.447%−$45 on $10k
+Price spread, last 3 days (all we have)−0.133%−$13 · spread now −0.290%, 7d avg −0.245%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bybit is 0.045% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.245%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX GRAM-USDT | 1.4502 | 0.0517 | pay 0.0258% / 4h | 1h 31m | $336K | $622K | 30x |
| Short | Bybit GRAMUSDT | 1.4460 | 0.0100 | get 0.0050% / 4h | 1h 31m | $30.6M | $14.0M | 50x |
HTX GRAM-USDT
Bybit GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$87.52
- Price spread: −0.290% → −0.245%
- −$4.45
- Slippage, 4 orders
- −$68.2
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$183.17
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from HTX: live order book, 52 min ago; Bybit: 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, 52 min ago | 17.46 bp | 32.5 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.45 bp | 15.5 bp −$15 | 29.9 bp −$299 | 448.7 bp −$44.9K | 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 | −0.0387% | 1h | 1.4490 | −0.083% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0099% | 8h | 1.4470 | −0.217% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4463 | −0.271% | $20.5M | $26.7M | 50x | as long as short |
| Bybit GRAMUSDTshort | +0.0100% | 4h | 1.4460 | −0.290% | $30.6M | $14.0M | 50x | |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4460 | −0.290% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4476 | −0.179% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4480 | −0.152% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4481 | −0.145% | $8.7M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4475 | −0.186% | $7.1M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4479 | −0.159% | $45K | $13K | 10x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance 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 | 1.4469 | −0.225% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4470 | −0.221% | $13K | $588K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4470 | −0.221% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4496 | −0.041% | $7K | $591K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.290% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4478 | −0.169% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0216% | 4h | 1.4500 | −0.014% | $964K | $98K | 50x | as long as short |
| Hyperliquid GRAM | +0.0272% | 1h | 1.4491 | −0.076% | $35.8M | $6.9M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4460 | −0.290% | $1.4M | $210K | 50x | as long as short |
| HTX GRAM-USDTlong | +0.0517% | 4h | 1.4502 | long leg | $336K | $622K | 30x | |
| Lighter GRAM | +0.0648% | 1h | 1.4497 | −0.032% | $2.7M | $2.3M | 20x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Hyperliquid GRAM
BloFin GRAM-USDT
Lighter GRAM