Funding you earn now, next payment 06:00 UTC+0.0228%/8h= +24.9% APRpaid last 24h +0.130%
Price spread now: Hyperliquid against OKX+0.042%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days+0.273%+$27 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now +0.042%, 7d avg +0.146%
=Together, before fees+0.304%+ Points / potential airdropHyperliquid: Season 2 · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.104% cheaper against OKX than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.146%). If the spread goes back, that is −$10 on $10k: about 37 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GRAM-USDT-SWAP | 1.4380 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $8.6M | $8.1M | 50x |
| Short | Hyperliquid GRAM | 1.4386 | 0.0328 | get 0.0041% / 1h | 43m 58s | $35.4M | $7.5M | 5x |
OKX GRAM-USDT-SWAP
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against OKX. 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
- $47.78
- Price spread: +0.042% → +0.146%
- −$10.39
- Slippage, 4 orders
- −$23.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$4.72
- Costs to cover
- 0.421%
- Break-even
- 7.7 days
Slippage from OKX: live order book, 4 min ago; Hyperliquid: live order book, 9 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 OKX live order book, 4 min ago | 3.47 bp | 11.7 bp −$12 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.08 bp | 7.3 bp −$7 | 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 | +0.765% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4389 | +0.065% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4378 | −0.016% | $20.3M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4370 | −0.070% | $30.4M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAPlong | +0.0100% | 4h | 1.4380 | long leg | $8.6M | $8.1M | 50x | |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4374 | −0.042% | $3.5M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4370 | −0.070% | $16.6M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4377 | −0.021% | $9.2M | $10.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4373 | −0.049% | $7.1M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4386 | +0.039% | $17K | $276K | 10x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
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 | 1.4390 | +0.070% | $14K | $617K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4380 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4397 | +0.118% | $7K | $560K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4405 | +0.174% | $330K | $584K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4380 | 0.000% | $1.5M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4376 | −0.028% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4374 | −0.042% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0216% | 4h | 1.4395 | +0.105% | $965K | $120K | 50x | as long as short |
| Hyperliquid GRAMshort | +0.0328% | 1h | 1.4386 | +0.042% | $35.4M | $7.5M | 5x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4360 | −0.139% | $1.4M | $238K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0587% | 1h | 1.4381 | +0.007% | $53K | $16K | 10x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
Backpack GRAM_USDC_PERP