Funding you earn now, next payment 05:00 UTC+0.0227%/8h= +24.8% APRpaid last 24h +0.048%
Price spread now: Hyperliquid against BloFin−0.054%67s7-day average +0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.498% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.054%, 7d avg +0.130%
=Together, before fees−0.175%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.184% cheaper against BloFin than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.130%). If the spread goes back, that is −$18 on $10k: about 2.7 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRAM-USDT | 1.4380 | 0.0340 | pay 0.0170% / 4h | 3h 49m | $1.4M | $236K | 50x |
| Short | Hyperliquid GRAM | 1.4372 | 0.0567 | get 0.0071% / 1h | 49m 58s | $35.3M | $7.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- $47.62
- Price spread: −0.054% → +0.130%
- −$18.42
- Slippage, 4 orders
- −$28.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$20.58
- Costs to cover
- 0.498%
- Break-even
- 10.0 days
Slippage from BloFin: live order book, 3 min ago; Hyperliquid: live order book, 3 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 BloFin live order book, 3 min ago | 10.44 bp | 16.4 bp −$16 | 24.2 bp −$242 | 343.4 bp −$34.3K | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.04 bp | 8.1 bp −$8 | 8.9 bp −$89 | 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 |
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4351 | −0.199% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4358 | −0.151% | $20.3M | $28.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4353 | −0.188% | $30.3M | $14.2M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4350 | −0.209% | $8.6M | $8.8M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4355 | −0.174% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4350 | −0.209% | $16.1M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4359 | −0.146% | $8.9M | $10.4M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4356 | −0.167% | $7.1M | $4.2M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4372 | −0.059% | $17K | $274K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4380 | 0.000% | $14K | $615K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4350 | −0.209% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4407 | +0.188% | $6K | $612K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4403 | +0.160% | $326K | $677K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4350 | −0.209% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4356 | −0.168% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0106% | 4h | 1.4374 | −0.040% | $963K | $127K | 50x | as long as short |
| Lighter GRAM | +0.0280% | 1h | 1.4369 | −0.077% | $2.3M | $2.9M | 20x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4380 | long leg | $1.4M | $236K | 50x | |
| Backpack GRAM_USDC_PERP | +0.0376% | 1h | 1.4362 | −0.125% | $53K | $16K | 10x | as long as short |
| Hyperliquid GRAMshort | +0.0567% | 1h | 1.4372 | −0.054% | $35.3M | $7.5M | 5x |
BloFin GRAM-USDT
Hyperliquid GRAM
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
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Lighter GRAM
Backpack GRAM_USDC_PERP