Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.125%
Price spread now: OKX against Hyperliquid−0.187%7-day average −0.145% · 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−$45as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.264%−$26 on $10k
+Price spread, last 7 days+0.113%+$11 · spread now −0.187%, 7d avg −0.145%
=Together, before fees−0.151%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.042% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.145%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRAM | 1.4417 | 0.0100 | pay 0.0013% / 1h | 42m 10s | $35.4M | $7.3M | 5x |
| Short | OKX GRAM-USDT-SWAP | 1.4390 | 0.0100 | get 0.0050% / 4h | 42m 10s | $8.6M | $8.6M | 50x |
Hyperliquid GRAM
OKX GRAM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.187% → −0.145%
- −$4.19
- Slippage, 4 orders
- −$21.39
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$44.58
- Costs to cover
- 0.404%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; OKX: live order book, 6 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, 11 min ago | 1.04 bp | 6.4 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 3.48 bp | 14.9 bp −$15 | 37.5 bp −$375 | 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 | +0.506% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0097% | 8h | 1.4392 | −0.171% | $2K | $19 | 5x | as long as short |
| Hyperliquid GRAMlong | +0.0100% | 1h | 1.4417 | long leg | $35.4M | $7.3M | 5x | |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4400 | −0.118% | $20.5M | $28.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4384 | −0.229% | $30.4M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAPshort | +0.0100% | 4h | 1.4390 | −0.187% | $8.6M | $8.6M | 50x | |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4398 | −0.132% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4390 | −0.187% | $15.1M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4395 | −0.153% | $8.7M | $10.5M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4402 | −0.104% | $7.2M | $4.2M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
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 | 1.4407 | −0.069% | $53K | $16K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4358 | −0.408% | $17K | $275K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4410 | −0.049% | $14K | $610K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4390 | −0.187% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4419 | +0.014% | $7K | $602K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4422 | +0.035% | $336K | $621K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4400 | −0.118% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4389 | −0.192% | $168K | $123K | 5x | as long as short |
| Lighter GRAM | +0.0120% | 1h | 1.4406 | −0.078% | $2.3M | $2.9M | 20x | as long as short |
| Aster GRAMUSDT | +0.0235% | 4h | 1.4417 | +0.003% | $966K | $126K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4410 | −0.049% | $1.4M | $229K | 50x | as long as short |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Lighter GRAM
Aster GRAMUSDT
BloFin GRAM-USDT