Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0217%/8h= +23.8% APRpaid last 24h −0.131%
Price spread now: Aster against Hyperliquid−0.099%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$540.544% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.215%−$21 on $10k
Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.099%, 7d avg −0.047%
Together, before fees−0.111%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.052% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.047%). If the spread goes back, that is −$5 on $10k: about 19 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 5 days funding on this pair cost −0.215%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GRAM1.45340.0252pay 0.0031% / 1h52m 45s$35.7M$7.0M5x
ShortAster GRAMUSDT1.45200.0469get 0.0235% / 4h2h 52m$978K$119K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$45.65
Price spread: −0.099% → −0.047%
−$5.16
Slippage, 4 orders
−$37.44
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$13.95
Costs to cover
0.544%
Break-even
9.1 days
Slippage from Hyperliquid: live order book, 10 min ago; Aster: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 10 min ago1.37 bp8.7 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 15 min ago6.82 bp14.2 bp −$1466.2 bp −$662doesn't fitdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.4490−0.303%$4K$143K12xas long as short
Binance GRAMUSDT+0.0100%4h1.4523−0.073%$20.5M$27.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4522−0.083%$30.9M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4520−0.096%$8.6M$8.6M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4523−0.076%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4510−0.165%$15.6M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4521−0.089%$8.9M$10.8M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4531−0.021%$7.3M$4.1M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4503−0.212%$17K$272K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4480−0.372%$14K$605K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4510−0.165%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4506−0.193%$7K$596K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4503−0.213%$338K$625K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4520−0.096%$1.6M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4524−0.068%$2K$195xas long as short
Extended GRAM-USD+0.0104%1h1.4521−0.086%$169K$123K5xas long as short
Hyperliquid GRAMlong+0.0252%1h1.4534long leg$35.7M$7.0M5x
Backpack GRAM_USDC_PERP+0.0314%1h1.4526−0.055%$54K$20K10xas long as short
BloFin GRAM-USDT+0.0340%4h1.4500−0.234%$1.4M$199K50xas long as short
Aster GRAMUSDTshort+0.0469%4h1.4520−0.099%$978K$119K50x
Lighter GRAM+0.0800%1h1.4552+0.121%$2.6M$2.4M20xas long as short