Funding you earn now, next payment 01:00 UTC−0.0210%/8h= −23.0% APRpaid last 24h +0.067%
Price spread now: Hyperliquid against BloFin+0.159%47s7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.552% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 3 days (all we have)−0.136%−$14 · spread now +0.159%, 7d avg +0.132%
=Together, before fees−0.317%+ Points / potential airdropHyperliquid: Season 2 · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.026% dearer against BloFin than usual: you sell high and buy low (spread +0.159% now, against its 7-day average of +0.132%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.182% in total) that is about 24 hours. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRAM-USDT | 1.4510 | 0.0340 | pay 0.0170% / 4h | 3h 20m | $1.4M | $204K | 50x |
| Short | Hyperliquid GRAM | 1.4533 | 0.0130 | get 0.0016% / 1h | 20m 17s | $35.8M | $6.9M | 5x |
BloFin GRAM-USDT
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- −$44.02
- Price spread: +0.159% → +0.132%
- $2.64
- Slippage, 4 orders
- −$34.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$96.55
- Costs to cover
- 0.552%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Hyperliquid: live order book, 3 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 BloFin live order book, 2 min ago | 6.89 bp | 18.7 bp −$19 | 28.8 bp −$288 | 184.4 bp −$18.4K | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.34 bp | 5.4 bp −$5 | 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 | −0.138% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4511 | +0.008% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4514 | +0.028% | $20.5M | $26.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.069% | $30.8M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4510 | 0.000% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4518 | +0.055% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4510 | 0.000% | $15.5M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4518 | +0.055% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.069% | $7.2M | $3.8M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4513 | +0.020% | $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 GRAMUSDT | +0.0100% | 1h | 1.4500 | −0.069% | $14K | $601K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4510 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4527 | +0.117% | $7K | $590K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4510 | 0.000% | $1.6M | $1.7M | 20x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4517 | +0.048% | $54K | $20K | 10x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4512 | +0.012% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAMshort | +0.0130% | 1h | 1.4533 | +0.159% | $35.8M | $6.9M | 5x | |
| HTX GRAM-USDT | +0.0163% | 4h | 1.4549 | +0.269% | $340K | $620K | 30x | as long as short |
| Aster GRAMUSDT | +0.0303% | 4h | 1.4540 | +0.207% | $979K | $110K | 50x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4510 | long leg | $1.4M | $204K | 50x | |
| Lighter GRAM | +0.0368% | 1h | 1.4538 | +0.192% | $2.6M | $2.4M | 20x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Backpack GRAM_USDC_PERP
Extended GRAM-USD
HTX GRAM-USDT
Aster GRAMUSDT
Lighter GRAM