Funding you earn now, next payment 01:00 UTC−0.0061%/8h= −6.6% APRpaid last 24h −0.143%
Price spread now: KuCoin against Hyperliquid−0.240%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$570.570% of the position
Funding, last 7 days−0.276%−$28 on $10k
+Price spread, last 7 days+0.211%+$21 · spread now −0.240%, 7d avg −0.060%
=Together, before fees−0.065%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.180% cheaper against Hyperliquid than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRAM | 1.4586 | 0.0161 | pay 0.0020% / 1h | 17m 55s | $35.9M | $7.0M | 5x |
| Short | KuCoin GRAMUSDTM | 1.4551 | 0.0100 | get 0.0050% / 4h | 3h 17m | $8.9M | $10.8M | 50x |
Hyperliquid GRAM
KuCoin GRAMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$12.73
- Price spread: −0.240% → −0.060%
- −$17.98
- Slippage, 4 orders
- −$35.97
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$87.67
- Costs to cover
- 0.570%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; KuCoin: live order book, 6 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, 5 min ago | 0.34 bp | 6.2 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.72 bp | 21.0 bp −$21 | 51.1 bp −$511 | 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 | −0.658% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4517 | −0.470% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4560 | −0.178% | $20.6M | $27.0M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4579 | −0.048% | $31.1M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4570 | −0.110% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4559 | −0.185% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4560 | −0.178% | $15.5M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTMshort | +0.0100% | 4h | 1.4551 | −0.240% | $8.9M | $10.8M | 50x | |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4569 | −0.117% | $7.2M | $3.9M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4508 | −0.537% | $17K | $273K | 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
Bitget GRAMUSDT
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4500 | −0.590% | $14K | $601K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4560 | −0.178% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4547 | −0.267% | $7K | $591K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4560 | −0.178% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4572 | −0.096% | $170K | $123K | 5x | as long as short |
| HTX GRAM-USDT | +0.0139% | 4h | 1.4588 | +0.014% | $341K | $620K | 30x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0141% | 1h | 1.4569 | −0.117% | $54K | $20K | 10x | as long as short |
| Hyperliquid GRAMlong | +0.0161% | 1h | 1.4586 | long leg | $35.9M | $7.0M | 5x | |
| Aster GRAMUSDT | +0.0331% | 4h | 1.4580 | −0.041% | $982K | $114K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4560 | −0.178% | $1.4M | $205K | 50x | as long as short |
| Lighter GRAM | +0.0408% | 1h | 1.4578 | −0.058% | $2.6M | $2.4M | 20x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
HTX GRAM-USDT
Backpack GRAM_USDC_PERP
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM