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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0229%/8h= −25.1% APRpaid last 24h +0.131%
Price spread now: Hyperliquid against Aster+0.085%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$540.544% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.215%+$21 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.085%, 7d avg +0.047%
Together, before fees+0.125%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.038% dearer against Aster than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.047%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 5 days funding on this pair paid +0.215%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GRAMUSDT1.45250.0469pay 0.0235% / 4h2h 52m$978K$119K50x
ShortHyperliquid GRAM1.45370.0240get 0.0030% / 1h52m 34s$35.8M$7.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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
−$48.08
Price spread: +0.085% → +0.047%
$3.79
Slippage, 4 orders
−$37.44
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$98.74
Costs to cover
0.544%
Break-even
never at this rate
Slippage from Aster: live order book, 15 min ago; Hyperliquid: live order book, 11 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 Aster live order book, 15 min ago6.82 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago1.37 bp8.7 bp −$9doesn'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%1h1.4490−0.239%$4K$143K12xas long as short
Binance GRAMUSDT+0.0100%4h1.4525+0.004%$20.5M$27.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4523−0.011%$30.9M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4520−0.032%$8.6M$8.6M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4525+0.002%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4510−0.101%$15.6M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4521−0.025%$8.9M$10.8M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4531+0.044%$7.3M$4.1M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4503−0.148%$17K$272K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4480−0.307%$14K$605K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4510−0.101%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4506−0.128%$7K$596K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4503−0.149%$338K$625K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4520−0.032%$1.6M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4524−0.004%$2K$195xas long as short
Extended GRAM-USD+0.0104%1h1.4523−0.009%$169K$123K5xas long as short
Hyperliquid GRAMshort+0.0240%1h1.4537+0.085%$35.8M$7.0M5x
Backpack GRAM_USDC_PERP+0.0314%1h1.4526+0.009%$54K$20K10xas long as short
BloFin GRAM-USDT+0.0340%4h1.4500−0.170%$1.4M$199K50xas long as short
Aster GRAMUSDTlong+0.0469%4h1.4525long leg$978K$119K50x
Lighter GRAM+0.0800%1h1.4552+0.186%$2.6M$2.4M20xas long as short