Funding you earn now, next payment 02:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h +0.136%
Price spread now: Hyperliquid against Bitget+0.048%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now +0.048%, 7d avg +0.086%
=Together, before fees+0.233%+ Points / potential airdropHyperliquid: Season 2 · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.038% cheaper against Bitget than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.086%). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRAMUSDT | 1.4518 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $7.3M | $4.1M | 50x |
| Short | Hyperliquid GRAM | 1.4525 | 0.0226 | get 0.0028% / 1h | 52m 13s | $35.7M | $7.0M | 5x |
Bitget GRAMUSDT
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $26.54
- Price spread: +0.048% → +0.086%
- −$3.77
- Slippage, 4 orders
- −$24.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$22.49
- Costs to cover
- 0.453%
- Break-even
- 12.9 days
Slippage from Bitget: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 3.10 bp | 12.0 bp −$12 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.37 bp | 8.7 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 | +0.0033% | 1h | 1.4490 | −0.193% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4518 | −0.002% | $20.5M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4519 | +0.007% | $30.9M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4510 | −0.055% | $8.6M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4523 | +0.034% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4520 | +0.014% | $15.6M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4520 | +0.014% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDTlong | +0.0100% | 4h | 1.4518 | long leg | $7.3M | $4.1M | 50x | |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4503 | −0.102% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4480 | −0.262% | $14K | $605K | 50x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
edgeX GRAMUSDC
ApeX Omni GRAMUSDTShow 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 | 1.4510 | −0.055% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4506 | −0.083% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4503 | −0.103% | $338K | $625K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.014% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4524 | +0.042% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4513 | −0.035% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAMshort | +0.0226% | 1h | 1.4525 | +0.048% | $35.7M | $7.0M | 5x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4500 | −0.124% | $1.4M | $199K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0395% | 1h | 1.4525 | +0.048% | $54K | $20K | 10x | as long as short |
| Aster GRAMUSDT | +0.0469% | 4h | 1.4523 | +0.032% | $978K | $119K | 50x | as long as short |
| Lighter GRAM | +0.0744% | 1h | 1.4544 | +0.178% | $2.6M | $2.4M | 20x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
BloFin GRAM-USDT
Backpack GRAM_USDC_PERP
Aster GRAMUSDT
Lighter GRAM