GRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.139%

Price spread now: Extended against Hyperliquid−0.143%7-day average −0.147% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$540.542% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.295%−$30 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.143%, 7d avg −0.147%

Together, before fees−0.305%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$30 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.147%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid GRAM	1.4553	0.0171	pay 0.0021% / 1h	11m 07s	$35.8M	$7.4M	5x
Short	Extended GRAM-USD	1.4532	0.0104	get 0.0013% / 1h	11m 07s	$170K	$123K	5x

Funding history

latest

Range statsloading…

Extended against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee HyperliquidbpFee ExtendedbpOrdersPrice spread, now −0.143%Rate

Slippage from Hyperliquid: live order book, 12 min ago; Extended: live order book, 55 min ago.

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, 12 min ago	2.39 bp	10.3 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 55 min ago	5.14 bp	16.3 bp −$16	75.4 bp −$754	doesn't fit	doesn't fit

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	−0.433%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4517	−0.247%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4540	−0.089%	$20.6M	$27.9M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4530	−0.158%	$30.9M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4530	−0.158%	$8.7M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4544	−0.062%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4540	−0.089%	$15.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4535	−0.124%	$8.8M	$10.7M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4537	−0.110%	$7.2M	$4.1M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4489	−0.438%	$17K	$274K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4520	−0.227%	$14K	$606K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4540	−0.089%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4537	−0.110%	$7K	$600K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4576	+0.158%	$340K	$621K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4540	−0.089%	$1.6M	$1.8M	20x	as long as short
Extended GRAM-USDshort	+0.0104%	1h	1.4532	−0.143%	$170K	$123K	5x
Hyperliquid GRAMlong	+0.0171%	1h	1.4553	long leg	$35.8M	$7.4M	5x
Backpack GRAM_USDC_PERP	+0.0372%	1h	1.4547	−0.041%	$54K	$20K	10x	as long as short
Aster GRAMUSDT	+0.0432%	4h	1.4563	+0.067%	$976K	$126K	50x	as long as short
Lighter GRAM	+0.0656%	1h	1.4567	+0.097%	$2.6M	$2.4M	20x	as long as short