Funding you earn now, next payment 02:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h +0.145%
Price spread now: Hyperliquid against Paradex+0.082%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hyperliquid is 0.082% dearer against Paradex than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex GRAM-USD-PERP | 1.4460 | 0.0100 | pay 0.0100% / 8h | 6h 55m | $2K | $19 | 5x |
| Short | Hyperliquid GRAM | 1.4472 | 0.0330 | get 0.0041% / 1h | 55m 11s | $35.6M | $7.1M | 5x |
Paradex GRAM-USD-PERP
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Paradex. 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
- $48.32
- Price spread: +0.082% → 0.000%
- $8.19
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $43.51
- Costs to cover
- 0.130%
- Break-even
- 0.7 days
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.
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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 1.37 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.206% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.001% | $20.4M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.001% | $30.8M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4460 | −0.001% | $8.6M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4464 | +0.027% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4460 | −0.001% | $15.5M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4464 | +0.027% | $8.8M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4461 | +0.006% | $7.2M | $4.1M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4503 | +0.298% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4480 | +0.137% | $14K | $605K | 50x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
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 | 1.4460 | −0.001% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4476 | +0.110% | $7K | $597K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4518 | +0.400% | $338K | $625K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.001% | $1.5M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERPlong | +0.0100% | 8h | 1.4460 | long leg | $2K | $19 | 5x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4457 | −0.025% | $169K | $123K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0288% | 1h | 1.4482 | +0.151% | $53K | $20K | 10x | as long as short |
| Hyperliquid GRAMshort | +0.0330% | 1h | 1.4472 | +0.082% | $35.6M | $7.1M | 5x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4440 | −0.139% | $1.4M | $199K | 50x | as long as short |
| Aster GRAMUSDT | +0.0450% | 4h | 1.4490 | +0.206% | $976K | $119K | 50x | as long as short |
| Lighter GRAM | +0.0672% | 1h | 1.4489 | +0.200% | $2.6M | $2.4M | 20x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Backpack GRAM_USDC_PERP
BloFin GRAM-USDT
Aster GRAMUSDT
Lighter GRAM