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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.126%
Price spread now: HTX against Hyperliquid+0.084%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.618% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.084%, 7d avg +0.129%
Together, before fees+0.237%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.046% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.129%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GRAM1.43560.0100pay 0.0013% / 1h53m 01s$35.3M$7.6M5x
ShortHTX GRAM-USDT1.43680.0100get 0.0050% / 4h53m 01s$323K$601K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: +0.084% → +0.129%
−$4.59
Slippage, 4 orders
−$40.81
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$66.4
Costs to cover
0.618%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; HTX: live order book, 50 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 ago1.04 bp7.7 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 50 min ago10.07 bp16.5 bp −$16doesn't fitdoesn'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+0.933%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4358+0.011%$2.3M$2.9M20xas long as short
Hyperliquid GRAMlong+0.0100%1h1.4356long leg$35.3M$7.6M5x
Binance GRAMUSDT+0.0100%4h1.4341−0.105%$20.3M$27.2M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4338−0.125%$30.3M$13.5M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4330−0.181%$8.6M$8.0M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4342−0.098%$3.6M$3.5M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4330−0.181%$16.2M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4344−0.084%$8.8M$10.2M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4341−0.104%$7.0M$4.0M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4350−0.042%$53K$16K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4328−0.197%$16K$274K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4340−0.111%$14K$619K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4340−0.111%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4367+0.077%$7K$559K10xas long as short
HTX GRAM-USDTshort+0.0100%4h1.4368+0.084%$323K$601K30x
Phemex GRAMUSDT+0.0100%4h1.4340−0.111%$1.5M$1.7M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4339−0.118%$2K$315xas long as short
Extended GRAM-USD+0.0104%1h1.4342−0.097%$168K$122K5xas long as short
Aster GRAMUSDT+0.0174%4h1.4360+0.028%$963K$118K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4340−0.111%$1.4M$243K50xas long as short