Funding you earn now, next payment 23:00 UTC+0.0270%/8h= +29.5% APRpaid last 24h +0.150%
Price spread now: Hyperliquid against SunX+0.089%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1341.338% of the position
Funding, last 7 days+0.215%+$22 on $10k
+Price spread, last 3 days (all we have)−0.200%−$20 · spread now +0.089%, 7d avg −0.019%
=Together, before fees+0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.109% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX GRAM-USDT | 1.4536 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $7K | $589K | 10x |
| Short | Hyperliquid GRAM | 1.4549 | 0.0370 | get 0.0046% / 1h | 41m 41s | $35.9M | $6.9M | 5x |
SunX GRAM-USDT
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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
- $56.67
- Price spread: +0.089% → −0.019%
- $10.87
- Slippage, 4 orders
- −$116.79
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$66.25
- Costs to cover
- 1.338%
- Break-even
- 15.2 days
Slippage from SunX: live order book, 29 min ago; Hyperliquid: live order book, 11 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 SunX live order book, 29 min ago | 32.70 bp | 51.0 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.34 bp | 9.2 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 | −0.0387% | 1h | 1.4490 | −0.316% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0099% | 8h | 1.4520 | −0.112% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4546 | +0.068% | $20.6M | $26.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4542 | +0.041% | $30.8M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4540 | +0.028% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4539 | +0.021% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4530 | −0.041% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4527 | −0.062% | $8.6M | $11.0M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4535 | −0.007% | $7.2M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4534 | −0.014% | $46K | $13K | 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
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4511 | −0.175% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4530 | −0.041% | $13K | $588K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4530 | −0.041% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDTlong | +0.0100% | 4h | 1.4536 | long leg | $7K | $589K | 10x | |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4530 | −0.041% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4527 | −0.059% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0239% | 4h | 1.4555 | +0.128% | $968K | $98K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4500 | −0.248% | $1.4M | $210K | 50x | as long as short |
| Hyperliquid GRAMshort | +0.0370% | 1h | 1.4549 | +0.089% | $35.9M | $6.9M | 5x | |
| HTX GRAM-USDT | +0.0639% | 4h | 1.4551 | +0.103% | $337K | $621K | 30x | as long as short |
| Lighter GRAM | +0.0704% | 1h | 1.4564 | +0.189% | $2.7M | $2.3M | 20x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
HTX GRAM-USDT
Lighter GRAM