Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.132%
Price spread now: Hyperliquid against HTX+0.192%7-day average −0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$670.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.129%−$13 on $10k
Price spread, last 3 days (all we have)−0.419%−$42 · spread now +0.192%, 7d avg −0.126%
Together, before fees−0.548%+ Points / potential airdropHyperliquid: Season 2 · farm board−$55 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.318% dearer against HTX than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.126%. Mind the row above: over the last 7 days funding on this pair cost −0.129%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GRAM-USDT1.45980.0114pay 0.0057% / 4h3h 14m$341K$623K30x
ShortHyperliquid GRAM1.46260.0190get 0.0024% / 1h14m 45s$36.0M$7.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$15.89
Price spread: +0.192% → −0.126%
$31.78
Slippage, 4 orders
−$45.95
Fee HTX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$19.29
Costs to cover
0.670%
Break-even
15.5 days
Slippage from HTX: live order book, 59 min ago; Hyperliquid: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 59 min ago6.56 bp42.1 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago0.34 bp5.4 bp −$5doesn't fitdoesn't fitdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.4490−0.740%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4600+0.014%$2K$195xas long as short
Binance GRAMUSDT+0.0100%4h1.4606+0.051%$20.6M$27.1M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4608+0.069%$31.1M$13.8M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4600+0.014%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4603+0.034%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4600+0.014%$15.6M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4604+0.041%$9.0M$10.8M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4611+0.089%$7.3M$3.9M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4555−0.298%$17K$273K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.4550−0.329%$14K$601K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4600+0.014%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4567−0.212%$7K$591K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4600+0.014%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4607+0.060%$170K$123K5xas long as short
HTX GRAM-USDTlong+0.0114%4h1.4598long leg$341K$623K30x
Backpack GRAM_USDC_PERP+0.0169%1h1.4612+0.096%$54K$20K10xas long as short
Hyperliquid GRAMshort+0.0190%1h1.4626+0.192%$36.0M$7.0M5x
BloFin GRAM-USDT+0.0340%4h1.4600+0.014%$1.4M$204K50xas long as short
Aster GRAMUSDT+0.0350%4h1.4610+0.082%$984K$114K50xas long as short
Lighter GRAM+0.0416%1h1.4634+0.245%$2.6M$2.4M20xas long as short