Funding you earn now, next payment 02:00 UTC−0.0292%/8h= −32.0% APRnext payment −$0.37 per $10,000 · paid last 24h −0.139%
Price spread now: ApeX Omni against Hyperliquid+0.311%105s7-day average −0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as 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−$610.612% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 3 days (all we have)−0.438%−$44 · spread now +0.311%, 7d avg −0.133%
=Together, before fees−0.653%+ Points / potential airdropHyperliquid: Season 2 · farm board−$65 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.443% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.311% now, against its 7-day average of −0.133%): +$44 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 7 days (−0.215% in total) that is about 14 days. The two prices were read 105 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 | Hyperliquid GRAM | 1.4485 | 0.0392 | pay 0.0049% / 1h | 55m 50s | $35.6M | $7.1M | 5x |
| Short | ApeX Omni GRAMUSDT | 1.4530 | 0.0100 | get 0.0013% / 1h | 55m 50s | $14K | $604K | 50x |
Hyperliquid GRAM
ApeX Omni GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. 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
- −$61.39
- Price spread: +0.311% → −0.133%
- $44.34
- Slippage, 4 orders
- −$42.25
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$78.3
- Costs to cover
- 0.612%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; ApeX Omni: 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 Hyperliquid live order book, 7 min ago | 1.37 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 12 min ago | 13.67 bp | 23.2 bp −$23 | 114.1 bp −$1,141 | 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 | +0.035% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.173% | $20.4M | $27.4M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4461 | −0.166% | $30.8M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4470 | −0.104% | $8.6M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4483 | −0.014% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4460 | −0.173% | $15.5M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4482 | −0.021% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4482 | −0.021% | $7.3M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4500 | +0.101% | $17K | $271K | 10x | as long as short |
| ApeX Omni GRAMUSDTshort | +0.0100% | 1h | 1.4530 | +0.311% | $14K | $604K | 50x |
Injective GRAM/USDC 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4480 | −0.035% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4496 | +0.076% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4518 | +0.228% | $338K | $625K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4480 | −0.035% | $1.5M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4460 | −0.172% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4468 | −0.118% | $169K | $123K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0288% | 1h | 1.4482 | −0.021% | $53K | $20K | 10x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4480 | −0.035% | $1.4M | $199K | 50x | as long as short |
| Hyperliquid GRAMlong | +0.0392% | 1h | 1.4485 | long leg | $35.6M | $7.1M | 5x | |
| Aster GRAMUSDT | +0.0450% | 4h | 1.4500 | +0.104% | $976K | $118K | 50x | as long as short |
| Lighter GRAM | +0.0776% | 1h | 1.4489 | +0.026% | $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
Backpack GRAM_USDC_PERP
BloFin GRAM-USDT
Aster GRAMUSDT
Lighter GRAM