Funding you earn now, next payment 23:00 UTC+0.0266%/8h= +29.1% APRpaid last 24h +0.154%
Price spread now: Hyperliquid against Binance+0.108%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.108%, 7d avg +0.093%
=Together, before fees+0.288%+ Points / potential airdropHyperliquid: Season 2 · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRAMUSDT | 1.4534 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $20.6M | $26.7M | 50x |
| Short | Hyperliquid GRAM | 1.4549 | 0.0366 | get 0.0046% / 1h | 40m 50s | $35.9M | $6.9M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $55.79
- Price spread: +0.108% → +0.093%
- $1.48
- Slippage, 4 orders
- −$18.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $20.03
- Costs to cover
- 0.372%
- Break-even
- 4.5 days
Slippage from Binance: live order book, 15 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 Binance live order book, 15 min ago | 3.45 bp | 8.4 bp −$8 | 21.5 bp −$215 | 205.5 bp −$20.6K | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.34 bp | 9.2 bp −$9 | 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 | −0.0387% | 1h | 1.4490 | −0.301% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0099% | 8h | 1.4549 | +0.105% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDTlong | +0.0100% | 4h | 1.4534 | long leg | $20.6M | $26.7M | 50x | |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4533 | −0.006% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4530 | −0.026% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4539 | +0.036% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4530 | −0.026% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4533 | −0.006% | $8.6M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4536 | +0.015% | $7.2M | $3.9M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4538 | +0.029% | $46K | $13K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4498 | −0.246% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4530 | −0.026% | $13K | $588K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4540 | +0.043% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4556 | +0.153% | $6K | $590K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4530 | −0.026% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4527 | −0.046% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0239% | 4h | 1.4557 | +0.158% | $968K | $98K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4510 | −0.164% | $1.4M | $211K | 50x | as long as short |
| Hyperliquid GRAMshort | +0.0366% | 1h | 1.4549 | +0.108% | $35.9M | $6.9M | 5x | |
| HTX GRAM-USDT | +0.0628% | 4h | 1.4580 | +0.318% | $337K | $621K | 30x | as long as short |
| Lighter GRAM | +0.0696% | 1h | 1.4562 | +0.197% | $2.7M | $2.3M | 20x | as long as short |
Binance GRAMUSDT
Hyperliquid GRAM
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
HTX GRAM-USDT
Lighter GRAM