Funding you earn now, next payment 01:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.143%
Price spread now: Hyperliquid against KuCoin+0.124%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as 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−0.095%−$10 · spread now +0.124%, 7d avg +0.060%
=Together, before fees+0.181%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.064% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GRAMUSDTM | 1.4537 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $8.9M | $10.8M | 50x |
| Short | Hyperliquid GRAM | 1.4555 | 0.0156 | get 0.0019% / 1h | 18m 21s | $35.9M | $7.0M | 5x |
KuCoin GRAMUSDTM
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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
- $11.7
- Price spread: +0.124% → +0.060%
- $6.36
- Slippage, 4 orders
- −$35.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$38.9
- Costs to cover
- 0.570%
- Break-even
- 30.3 days
Slippage from KuCoin: live order book, 5 min ago; Hyperliquid: live order book, 5 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 KuCoin live order book, 5 min ago | 1.72 bp | 24.3 bp −$24 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.34 bp | 5.4 bp −$5 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | −0.323% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4517 | −0.134% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4544 | +0.049% | $20.5M | $27.0M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4548 | +0.076% | $31.0M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4550 | +0.089% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4544 | +0.048% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4530 | −0.048% | $15.5M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTMlong | +0.0100% | 4h | 1.4537 | long leg | $8.9M | $10.8M | 50x | |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4556 | +0.131% | $7.2M | $3.9M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4508 | −0.202% | $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 | −0.255% | $14K | $601K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4560 | +0.158% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4547 | +0.069% | $7K | $591K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4550 | +0.089% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4541 | +0.030% | $170K | $123K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0138% | 1h | 1.4569 | +0.220% | $54K | $20K | 10x | as long as short |
| HTX GRAM-USDT | +0.0155% | 4h | 1.4588 | +0.351% | $341K | $620K | 30x | as long as short |
| Hyperliquid GRAMshort | +0.0156% | 1h | 1.4555 | +0.124% | $35.9M | $7.0M | 5x | |
| Aster GRAMUSDT | +0.0331% | 4h | 1.4562 | +0.173% | $980K | $114K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4560 | +0.158% | $1.4M | $205K | 50x | as long as short |
| Lighter GRAM | +0.0384% | 1h | 1.4550 | +0.089% | $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
Backpack GRAM_USDC_PERP
HTX GRAM-USDT
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM