Funding you earn now, next payment 23:00 UTC+0.0292%/8h= +32.0% APRpaid last 24h −0.150%
Price spread now: HTX against Hyperliquid+0.138%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 3 days (all we have)+0.130%+$13 · spread now +0.138%, 7d avg +0.127%
=Together, before fees+0.255%+ Points / potential airdropHyperliquid: Season 2 · farm board+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.127%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.125% in total (about 6.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRAM | 1.4480 | 0.0100 | pay 0.0013% / 1h | 14m 54s | $35.6M | $7.0M | 5x |
| Short | HTX GRAM-USDT | 1.4500 | 0.0392 | get 0.0196% / 4h | 1h 14m | $335K | $628K | 30x |
Hyperliquid GRAM
HTX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Hyperliquid. 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
- $61.4
- Price spread: +0.138% → +0.127%
- $1.07
- Slippage, 4 orders
- −$46.8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$5.33
- Costs to cover
- 0.678%
- Break-even
- 7.6 days
Slippage from Hyperliquid: live order book, 8 min ago; HTX: live order book, 4 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 Hyperliquid live order book, 8 min ago | 0.35 bp | 5.6 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 8.97 bp | 17.8 bp −$18 | 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 | +0.069% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0099% | 8h | 1.4444 | −0.251% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAMlong | +0.0100% | 1h | 1.4480 | long leg | $35.6M | $7.0M | 5x | |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4470 | −0.069% | $20.5M | $26.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.138% | $30.6M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4460 | −0.138% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4470 | −0.069% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4460 | −0.138% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4458 | −0.152% | $8.9M | $11.0M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4468 | −0.083% | $7.1M | $3.8M | 50x | 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 GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4468 | −0.083% | $43K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4450 | −0.210% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4440 | −0.276% | $13K | $591K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4450 | −0.207% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4477 | −0.021% | $7K | $594K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.138% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4465 | −0.102% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0177% | 4h | 1.4480 | 0.000% | $964K | $99K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4440 | −0.276% | $1.4M | $215K | 50x | as long as short |
| HTX GRAM-USDTshort | +0.0392% | 4h | 1.4500 | +0.138% | $335K | $628K | 30x | |
| Lighter GRAM | +0.0552% | 1h | 1.4485 | +0.036% | $2.7M | $2.3M | 20x | as long as short |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM