Funding you earn now, next payment 02:00 UTC+0.0644%/8h= +70.5% APRpaid last 24h +0.102%
Price spread now: Lighter against HTX−0.135%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.135%, 7d avg −0.108%
=Together, before fees+0.022%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.028% cheaper against HTX than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.108%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$19 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment. 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 | 1.4622 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $341K | $625K | 30x |
| Short | Lighter GRAM | 1.4602 | 0.0744 | get 0.0093% / 1h | 46m 33s | $2.6M | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $135.24
- Price spread: −0.135% → −0.108%
- −$2.78
- Slippage, 4 orders
- −$56.59
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $63.87
- Costs to cover
- 0.686%
- Break-even
- 3.7 days
Slippage from HTX: live order book, 22 min ago; Lighter: live order book, 6 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, 22 min ago | 17.38 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.68 bp | 5.3 bp −$5 | 28.6 bp −$286 | 175.6 bp −$17.6K | 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 | −0.903% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4580 | −0.284% | $20.6M | $27.6M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4580 | −0.287% | $31.0M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4580 | −0.287% | $8.7M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4578 | −0.301% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4570 | −0.356% | $15.7M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4578 | −0.301% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4589 | −0.226% | $7.3M | $4.1M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4549 | −0.502% | $17K | $273K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4560 | −0.424% | $14K | $604K | 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 | 1.4590 | −0.219% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4606 | −0.109% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDTlong | +0.0100% | 4h | 1.4622 | long leg | $341K | $625K | 30x | |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4580 | −0.287% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4573 | −0.336% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4573 | −0.333% | $170K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0214% | 1h | 1.4602 | −0.137% | $36.0M | $7.1M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4570 | −0.356% | $1.4M | $203K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0478% | 1h | 1.4585 | −0.253% | $54K | $20K | 10x | as long as short |
| Aster GRAMUSDT | +0.0492% | 4h | 1.4602 | −0.134% | $983K | $124K | 50x | as long as short |
| Lighter GRAMshort | +0.0744% | 1h | 1.4602 | −0.135% | $2.6M | $2.4M | 20x |
HTX GRAM-USDT
Lighter GRAM
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
BloFin GRAM-USDT
Backpack GRAM_USDC_PERP
Aster GRAMUSDT