Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Gate against HTX−0.007%7-day average −0.221% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$700.702% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.424%−$42 on $10k

Price spread, last 4 days (all we have)−0.673%−$67 · spread now −0.007%, 7d avg −0.221%

Together, before fees−1.096%−$110 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: Gate is 0.214% dearer against HTX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.221%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GRAM-USDT	1.4350	0.0100	pay 0.0050% / 4h	3h 12m	$304K	$609K	30x
Short	Gate GRAM_USDT	1.4349	0.0100	get 0.0050% / 4h	3h 12m	$3.6M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.007%Rate

Funding earned: $0
Price spread: −0.007% → −0.221%: $21.43
Slippage, 4 orders: −$43.19
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$48.77
Costs to cover: 0.702%
Break-even: never at this rate

Slippage from HTX: live order book, 21 min ago; Gate: live order book, 5 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, 21 min ago	10.16 bp	19.5 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	7.33 bp	16.3 bp −$16	46.6 bp −$466	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	+0.976%	$4K	$143K	12x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4352	+0.011%	$20.2M	$26.9M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4353	+0.021%	$30.4M	$13.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4360	+0.070%	$8.6M	$7.9M	50x	as long as short
Gate GRAM_USDTshort	+0.0100%	4h	1.4349	−0.007%	$3.6M	$3.5M	75x
MEXC GRAM_USDT	+0.0100%	4h	1.4350	0.000%	$16.0M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4352	+0.014%	$8.8M	$9.7M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4352	+0.014%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4319	−0.215%	$16K	$276K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4320	−0.209%	$14K	$615K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4330	−0.139%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4347	−0.021%	$7K	$543K	10x	as long as short
HTX GRAM-USDTlong	+0.0100%	4h	1.4350	long leg	$304K	$609K	30x
Phemex GRAMUSDT	+0.0100%	4h	1.4330	−0.139%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4347	−0.018%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4339	−0.075%	$129K	$159K	5x	as long as short
Hyperliquid GRAM	+0.0121%	1h	1.4358	+0.056%	$35.2M	$7.6M	5x	as long as short
Lighter GRAM	+0.0200%	1h	1.4370	+0.141%	$2.3M	$2.9M	20x	as long as short
Backpack GRAM_USDC_PERP	+0.0218%	1h	1.4347	−0.021%	$53K	$14K	10x	as long as short
Aster GRAMUSDT	+0.0307%	4h	1.4370	+0.139%	$967K	$124K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4340	−0.070%	$1.4M	$243K	50x	as long as short