Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.143%
Price spread now: Hyperliquid against MEXC+0.159%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now +0.159%, 7d avg +0.103%
=Together, before fees+0.224%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 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: Hyperliquid is 0.056% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRAM_USDT | 1.4470 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $15.4M | $2.6M | 20x |
| Short | Hyperliquid GRAM | 1.4493 | 0.0100 | get 0.0013% / 1h | 43m 19s | $35.6M | $7.0M | 5x |
MEXC GRAM_USDT
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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
- $0
- Price spread: +0.159% → +0.103%
- $5.61
- Slippage, 4 orders
- −$13.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$20.47
- Costs to cover
- 0.261%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: live order book, 10 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 MEXC live order book, 5 min ago | 0.69 bp | 2.7 bp −$3 | 4.5 bp −$45 | 48.2 bp −$4,818 | 251.6 bp −$125.8K |
| Sell Hyperliquid live order book, 10 min ago | 0.69 bp | 8.9 bp −$9 | 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 | +0.138% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4464 | −0.043% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAMshort | +0.0100% | 1h | 1.4493 | +0.159% | $35.6M | $7.0M | 5x | |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4481 | +0.075% | $20.4M | $27.0M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4480 | +0.069% | $30.7M | $13.7M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4470 | 0.000% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4482 | +0.083% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDTlong | +0.0100% | 4h | 1.4470 | long leg | $15.4M | $2.6M | 20x | |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4481 | +0.076% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4482 | +0.083% | $7.2M | $3.9M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4472 | +0.014% | $53K | $20K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4459 | −0.079% | $17K | $273K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4460 | −0.069% | $14K | $599K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4490 | +0.138% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4486 | +0.111% | $7K | $592K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.069% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4467 | −0.021% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0195% | 4h | 1.4480 | +0.069% | $975K | $111K | 50x | as long as short |
| Lighter GRAM | +0.0208% | 1h | 1.4490 | +0.135% | $2.6M | $2.4M | 20x | as long as short |
| HTX GRAM-USDT | +0.0289% | 4h | 1.4502 | +0.221% | $336K | $618K | 30x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4470 | 0.000% | $1.4M | $205K | 50x | as long as short |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Lighter GRAM
HTX GRAM-USDT
BloFin GRAM-USDT