Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.128%
Price spread now: Hyperliquid against Extended+0.206%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 7 days+0.298%+$30 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.206%, 7d avg +0.146%
=Together, before fees+0.227%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.061% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.146%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GRAM-USD | 1.4456 | 0.0104 | pay 0.0013% / 1h | 31m 47s | $168K | $123K | 5x |
| Short | Hyperliquid GRAM | 1.4486 | 0.0100 | get 0.0013% / 1h | 31m 47s | $35.6M | $7.3M | 5x |
Extended GRAM-USD
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. 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
- −$0.84
- Price spread: +0.206% → +0.146%
- $6.07
- Slippage, 4 orders
- −$35.26
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$44.03
- Costs to cover
- 0.493%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 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 Extended live order book, 24 min ago | 4.84 bp | 15.1 bp −$15 | 68.7 bp −$687 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.39 bp | 9.5 bp −$10 | 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 | +0.234% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0096% | 8h | 1.4444 | −0.082% | $2K | $19 | 5x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4476 | +0.140% | $2.3M | $2.9M | 20x | as long as short |
| Hyperliquid GRAMshort | +0.0100% | 1h | 1.4486 | +0.206% | $35.6M | $7.3M | 5x | |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4471 | +0.103% | $20.5M | $28.6M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4464 | +0.054% | $30.5M | $14.1M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4460 | +0.027% | $8.7M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4474 | +0.123% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4460 | +0.027% | $15.4M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4456 | −0.001% | $8.9M | $10.5M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4476 | +0.137% | $7.2M | $4.2M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4398 | −0.400% | $17K | $274K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4410 | −0.319% | $14K | $614K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4460 | +0.027% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4467 | +0.075% | $7K | $606K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4418 | −0.264% | $329K | $639K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | +0.027% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USDlong | +0.0104% | 1h | 1.4456 | long leg | $168K | $123K | 5x | |
| Backpack GRAM_USDC_PERP | +0.0179% | 1h | 1.4469 | +0.089% | $53K | $16K | 10x | as long as short |
| Aster GRAMUSDT | +0.0208% | 4h | 1.4479 | +0.156% | $970K | $126K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4410 | −0.319% | $1.4M | $229K | 50x | as long as short |
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Backpack GRAM_USDC_PERP
Aster GRAMUSDT
BloFin GRAM-USDT