Funding you earn now, next payment 01:00 UTC+0.0141%/8h= +15.4% APRpaid last 24h +0.139%
Price spread now: Hyperliquid against Orderly+0.192%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.192% dearer against Orderly than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GRAM_USDC_mythos | 1.4600 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $2K | $1K | 10x |
| Short | Hyperliquid GRAM | 1.4628 | 0.0241 | get 0.0030% / 1h | 10m 00s | $36.0M | $7.0M | 5x |
Orderly PERP_GRAM_USDC_mythos
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Orderly. 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
- $29.59
- Price spread: +0.192% → 0.000%
- $19.18
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $33.77
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 3 min ago | 0.34 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.753% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4603 | +0.023% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4610 | +0.072% | $20.6M | $27.1M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4617 | +0.116% | $31.2M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4610 | +0.068% | $8.7M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4608 | +0.055% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4610 | +0.068% | $15.7M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4613 | +0.089% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4619 | +0.130% | $7.3M | $3.9M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4592 | −0.058% | $17K | $274K | 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
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4600 | 0.000% | $14K | $603K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythoslong | +0.0100% | 4h | 1.4600 | long leg | $2K | $1K | 10x | |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4607 | +0.048% | $7K | $592K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4621 | +0.144% | $341K | $624K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4610 | +0.068% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4612 | +0.080% | $170K | $123K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0186% | 1h | 1.4615 | +0.103% | $54K | $20K | 10x | as long as short |
| Hyperliquid GRAMshort | +0.0241% | 1h | 1.4628 | +0.192% | $36.0M | $7.0M | 5x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4590 | −0.068% | $1.4M | $204K | 50x | as long as short |
| Aster GRAMUSDT | +0.0384% | 4h | 1.4637 | +0.256% | $985K | $114K | 50x | as long as short |
| Lighter GRAM | +0.0464% | 1h | 1.4629 | +0.198% | $2.6M | $2.4M | 20x | as long as short |
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Backpack GRAM_USDC_PERP
BloFin GRAM-USDT
Aster GRAMUSDT
Lighter GRAM