Funding you earn now, next payment 03:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h −0.058%
Price spread now: BloFin against Hyperliquid−0.221%47s7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as 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−$540.536% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 4 days (all we have)+0.618%+$62 · spread now −0.221%, 7d avg −0.131%
=Together, before fees+0.797%+ Points / potential airdropHyperliquid: Season 2 · farm board+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.090% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of −0.131%). If the spread goes back, that is −$9 on $10k: about 3.2 days of funding at the current rate (+$3 a day). 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 | Hyperliquid GRAM | 1.4492 | 0.0246 | pay 0.0031% / 1h | 44m 26s | $35.8M | $7.3M | 5x |
| Short | BloFin GRAM-USDT | 1.4460 | 0.0340 | get 0.0170% / 4h | 1h 44m | $1.4M | $203K | 50x |
Hyperliquid GRAM
BloFin GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $19.76
- Price spread: −0.221% → −0.131%
- −$8.99
- Slippage, 4 orders
- −$32.57
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.8
- Costs to cover
- 0.536%
- Break-even
- 22.2 days
Slippage from Hyperliquid: live order book, 9 min ago; BloFin: live order book, 68 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, 9 min ago | 0.34 bp | 7.2 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 68 min ago | 6.89 bp | 17.1 bp −$17 | 28.8 bp −$288 | 187.2 bp −$18.7K | 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 | −0.014% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4473 | −0.132% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4478 | −0.094% | $20.7M | $28.2M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4466 | −0.179% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4460 | −0.221% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4478 | −0.097% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4470 | −0.152% | $15.2M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4473 | −0.131% | $8.8M | $10.6M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4476 | −0.110% | $7.2M | $4.1M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4486 | −0.041% | $53K | $16K | 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
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4449 | −0.299% | $17K | $274K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4460 | −0.221% | $14K | $605K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4480 | −0.083% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4480 | −0.083% | $6K | $598K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4510 | +0.124% | $338K | $621K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4470 | −0.152% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4473 | −0.132% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAMlong | +0.0246% | 1h | 1.4492 | long leg | $35.8M | $7.3M | 5x | |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4460 | −0.221% | $1.4M | $203K | 50x | |
| Aster GRAMUSDT | +0.0368% | 4h | 1.4500 | +0.055% | $972K | $126K | 50x | as long as short |
| Lighter GRAM | +0.0792% | 1h | 1.4502 | +0.071% | $2.6M | $2.4M | 20x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Lighter GRAM