Funding you earn now, next payment 01:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h +0.139%
Price spread now: Hyperliquid against ApeX Omni+0.228%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days+0.215%+$22 on $10k
+Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.228%, 7d avg +0.133%
=Together, before fees+0.115%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.095% dearer against ApeX Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni GRAMUSDT | 1.4500 | 0.0100 | pay 0.0013% / 1h | 20m 50s | $14K | $601K | 50x |
| Short | Hyperliquid GRAM | 1.4533 | 0.0126 | get 0.0016% / 1h | 20m 50s | $35.8M | $6.9M | 5x |
ApeX Omni GRAMUSDT
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against ApeX Omni. 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
- $5.49
- Price spread: +0.228% → +0.133%
- $9.49
- Slippage, 4 orders
- −$46.15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$50.17
- Costs to cover
- 0.652%
- Break-even
- 71.0 days
Slippage from ApeX Omni: live order book, 52 min ago; Hyperliquid: live order book, 12 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 ApeX Omni live order book, 52 min ago | 13.83 bp | 22.3 bp −$22 | 117.8 bp −$1,178 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.34 bp | 11.5 bp −$12 | doesn't fit | 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 | −0.069% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4498 | −0.013% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4511 | +0.075% | $20.5M | $26.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4512 | +0.083% | $30.7M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4520 | +0.138% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4514 | +0.097% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4500 | 0.000% | $15.5M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4508 | +0.055% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4518 | +0.124% | $7.2M | $3.8M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4513 | +0.089% | $17K | $272K | 10x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDTlong | +0.0100% | 1h | 1.4500 | long leg | $14K | $601K | 50x | |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4500 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4527 | +0.186% | $7K | $590K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4500 | 0.000% | $1.6M | $1.7M | 20x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4517 | +0.117% | $54K | $20K | 10x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4502 | +0.011% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAMshort | +0.0126% | 1h | 1.4533 | +0.228% | $35.8M | $6.9M | 5x | |
| HTX GRAM-USDT | +0.0168% | 4h | 1.4549 | +0.338% | $340K | $620K | 30x | as long as short |
| Aster GRAMUSDT | +0.0303% | 4h | 1.4537 | +0.258% | $979K | $110K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4510 | +0.069% | $1.4M | $204K | 50x | as long as short |
| Lighter GRAM | +0.0368% | 1h | 1.4533 | +0.230% | $2.6M | $2.4M | 20x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Backpack GRAM_USDC_PERP
Extended GRAM-USD
HTX GRAM-USDT
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM