Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.124%
Price spread now: Hyperliquid against Gate+0.083%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days+0.345%+$35 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now +0.083%, 7d avg +0.074%
=Together, before fees+0.351%+ Points / potential airdropHyperliquid: Season 2 · farm board+$35 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRAM_USDT | 1.4384 | 0.0100 | pay 0.0050% / 4h | 6m 38s | $3.6M | $3.5M | 75x |
| Short | Hyperliquid GRAM | 1.4396 | 0.0100 | get 0.0013% / 1h | 6m 38s | $35.4M | $7.3M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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
- Price spread: +0.083% → +0.074%
- $0.93
- Slippage, 4 orders
- −$21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$44.07
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Hyperliquid: live order book, 7 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 Gate live order book, 1 min ago | 2.43 bp | 15.2 bp −$15 | 71.9 bp −$719 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.39 bp | 8.1 bp −$8 | 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 | +0.737% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4389 | +0.035% | $2.3M | $2.9M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4375 | −0.062% | $2K | $19 | 5x | as long as short |
| Hyperliquid GRAMshort | +0.0100% | 1h | 1.4396 | +0.083% | $35.4M | $7.3M | 5x | |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4380 | −0.027% | $20.3M | $28.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4379 | −0.035% | $30.3M | $14.1M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4380 | −0.028% | $8.6M | $8.7M | 50x | as long as short |
| Gate GRAM_USDTlong | +0.0100% | 4h | 1.4384 | long leg | $3.6M | $3.5M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4380 | −0.028% | $15.4M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4387 | +0.021% | $8.9M | $10.4M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4379 | −0.035% | $7.1M | $4.2M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4393 | +0.061% | $17K | $273K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4400 | +0.111% | $14K | $614K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4390 | +0.042% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4417 | +0.229% | $6K | $613K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4423 | +0.271% | $327K | $677K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4390 | +0.042% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4376 | −0.055% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0126% | 4h | 1.4408 | +0.170% | $966K | $127K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0274% | 1h | 1.4397 | +0.090% | $53K | $16K | 10x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4390 | +0.042% | $1.4M | $229K | 50x | as long as short |
Gate GRAM_USDT
Hyperliquid GRAM
Injective GRAM/USDC PERP
Lighter GRAM
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Backpack GRAM_USDC_PERP
BloFin GRAM-USDT