Funding you earn now, next payment 22:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h −0.149%
Price spread now: SunX against Hyperliquid+0.048%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1331.326% of the position
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 3 days (all we have)+0.125%+$13 · spread now +0.048%, 7d avg +0.020%
=Together, before fees−0.087%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.028% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.020%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.212% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRAM | 1.4559 | 0.0138 | pay 0.0017% / 1h | 16m 14s | $35.9M | $6.9M | 5x |
| Short | SunX GRAM-USDT | 1.4566 | 0.0100 | get 0.0050% / 4h | 2h 16m | $7K | $589K | 10x |
Hyperliquid GRAM
SunX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$8
- Price spread: +0.048% → +0.020%
- $2.77
- Slippage, 4 orders
- −$115.61
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$137.84
- Costs to cover
- 1.326%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; SunX: live order book, 65 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 | 7.5 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 65 min ago | 32.54 bp | 66.7 bp −$67 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4544 | −0.102% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4531 | −0.193% | $20.6M | $26.6M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4536 | −0.158% | $30.8M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4530 | −0.199% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4542 | −0.117% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4530 | −0.199% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4536 | −0.158% | $8.6M | $11.0M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4546 | −0.089% | $7.2M | $3.9M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4547 | −0.082% | $46K | $13K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4559 | +0.002% | $17K | $271K | 10x | as long as short |
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_PERP
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 | 1.4560 | +0.007% | $14K | $591K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4530 | −0.199% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDTshort | +0.0100% | 4h | 1.4566 | +0.048% | $7K | $589K | 10x | |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4540 | −0.131% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4536 | −0.156% | $170K | $123K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4490 | −0.474% | $4K | $143K | 12x | as long as short |
| Hyperliquid GRAMlong | +0.0138% | 1h | 1.4559 | long leg | $35.9M | $6.9M | 5x | |
| Aster GRAMUSDT | +0.0259% | 4h | 1.4567 | +0.057% | $969K | $102K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4560 | +0.007% | $1.4M | $211K | 50x | as long as short |
| Lighter GRAM | +0.0816% | 1h | 1.4567 | +0.056% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1082% | 4h | 1.4603 | +0.302% | $338K | $629K | 30x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM
HTX GRAM-USDT