Funding you earn now, next payment 02:00 UTC−0.0292%/8h= −32.0% APRpaid last 24h −0.140%
Price spread now: OKX against Hyperliquid−0.104%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.104%, 7d avg −0.146%
=Together, before fees−0.255%+ Points / potential airdropHyperliquid: Season 2 · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.042% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.104% now, against its 7-day average of −0.146%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.258% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRAM | 1.4485 | 0.0392 | pay 0.0049% / 1h | 55m 47s | $35.6M | $7.1M | 5x |
| Short | OKX GRAM-USDT-SWAP | 1.4470 | 0.0100 | get 0.0050% / 4h | 2h 55m | $8.6M | $8.6M | 50x |
Hyperliquid GRAM
OKX GRAM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$61.39
- Price spread: −0.104% → −0.146%
- $4.21
- Slippage, 4 orders
- −$25.41
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$101.59
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago | 1.37 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.44 bp | 12.6 bp −$13 | 37.8 bp −$378 | 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 | +0.035% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.173% | $20.4M | $27.4M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4461 | −0.166% | $30.8M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAPshort | +0.0100% | 4h | 1.4470 | −0.104% | $8.6M | $8.6M | 50x | |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4483 | −0.014% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4460 | −0.173% | $15.5M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4482 | −0.021% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4482 | −0.021% | $7.3M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4500 | +0.101% | $17K | $271K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4530 | +0.311% | $14K | $604K | 50x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4480 | −0.035% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4496 | +0.076% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4518 | +0.228% | $338K | $625K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4480 | −0.035% | $1.5M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4460 | −0.172% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4468 | −0.118% | $169K | $123K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0288% | 1h | 1.4482 | −0.021% | $53K | $20K | 10x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4480 | −0.035% | $1.4M | $199K | 50x | as long as short |
| Hyperliquid GRAMlong | +0.0392% | 1h | 1.4485 | long leg | $35.6M | $7.1M | 5x | |
| Aster GRAMUSDT | +0.0450% | 4h | 1.4500 | +0.104% | $976K | $118K | 50x | as long as short |
| Lighter GRAM | +0.0776% | 1h | 1.4489 | +0.026% | $2.6M | $2.4M | 20x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Backpack GRAM_USDC_PERP
BloFin GRAM-USDT
Aster GRAMUSDT
Lighter GRAM