Funding you earn now, next payment 23:00 UTC+0.0170%/8h= +18.7% APRpaid last 24h +0.154%
Price spread now: Hyperliquid against edgeX+0.007%86s7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as 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−$600.600% of the position
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 3 days (all we have)+0.210%+$21 · spread now +0.007%, 7d avg +0.157%
=Together, before fees+0.500%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.150% cheaper against edgeX than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.157%). If the spread goes back, that is −$15 on $10k: about 2.9 days of funding at the current rate (+$5 a day). The two prices were read 86 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 | edgeX GRAMUSDC | 1.4487 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $17K | $271K | 10x |
| Short | Hyperliquid GRAM | 1.4488 | 0.0270 | get 0.0034% / 1h | 31m 57s | $35.8M | $6.9M | 5x |
edgeX GRAMUSDC
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against edgeX. 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
- $35.79
- Price spread: +0.007% → +0.157%
- −$15.03
- Slippage, 4 orders
- −$42.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$39.26
- Costs to cover
- 0.600%
- Break-even
- 14.7 days
Slippage from edgeX: live order book, 51 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 edgeX live order book, 51 min ago | 17.16 bp | 21.7 bp −$22 | 42.3 bp −$423 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.38 bp | 7.5 bp −$8 | 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 | +0.020% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0099% | 8h | 1.4465 | −0.153% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4470 | −0.118% | $20.5M | $26.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4462 | −0.173% | $30.6M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4460 | −0.187% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4473 | −0.097% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4470 | −0.118% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4481 | −0.042% | $8.7M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4471 | −0.111% | $7.1M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4479 | −0.056% | $45K | $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 GRAMUSDClong | +0.0100% | 4h | 1.4487 | long leg | $17K | $271K | 10x | |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4500 | +0.089% | $13K | $588K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4470 | −0.118% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4486 | −0.007% | $7K | $590K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.187% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4469 | −0.123% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0222% | 4h | 1.4488 | +0.006% | $964K | $98K | 50x | as long as short |
| Hyperliquid GRAMshort | +0.0270% | 1h | 1.4488 | +0.007% | $35.8M | $6.9M | 5x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4460 | −0.187% | $1.4M | $210K | 50x | as long as short |
| HTX GRAM-USDT | +0.0523% | 4h | 1.4501 | +0.096% | $336K | $621K | 30x | as long as short |
| Lighter GRAM | +0.0648% | 1h | 1.4501 | +0.097% | $2.7M | $2.3M | 20x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
HTX GRAM-USDT
Lighter GRAM