Funding you earn now, next payment 22:00 UTC−0.0135%/8h= −14.7% APRpaid last 24h +0.149%
Price spread now: Hyperliquid against Aster−0.040%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$570.566% of the position
Funding, last 5 days (all we have)+0.219%+$22 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.040%, 7d avg +0.048%
=Together, before fees+0.227%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hyperliquid is 0.088% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.048%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.219%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster GRAMUSDT | 1.4540 | 0.0235 | pay 0.0117% / 4h | 2h 48m | $967K | $99K | 50x |
| Short | Hyperliquid GRAM | 1.4534 | 0.0100 | get 0.0013% / 1h | 48m 03s | $35.9M | $6.8M | 5x |
Aster GRAMUSDT
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Aster. 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
- −$28.25
- Price spread: −0.040% → +0.048%
- −$8.76
- Slippage, 4 orders
- −$39.57
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$93.58
- Costs to cover
- 0.566%
- Break-even
- never at this rate
Slippage from Aster: live order book, 40 min ago; Hyperliquid: live order book, 5 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 Aster live order book, 40 min ago | 10.26 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.34 bp | 8.5 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4510 | −0.202% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAMshort | +0.0100% | 1h | 1.4534 | −0.040% | $35.9M | $6.8M | 5x | |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4520 | −0.136% | $20.9M | $25.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4520 | −0.136% | $30.6M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4510 | −0.205% | $8.6M | $8.3M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4515 | −0.171% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4520 | −0.136% | $15.3M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4508 | −0.219% | $8.8M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4517 | −0.157% | $7.2M | $3.7M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4523 | −0.116% | $44K | $12K | 10x | as long as short |
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 GRAMUSDC | +0.0100% | 4h | 1.4512 | −0.194% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4510 | −0.205% | $13K | $586K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4520 | −0.136% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4526 | −0.095% | $7K | $571K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4520 | −0.136% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4509 | −0.214% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | +0.001% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDTlong | +0.0235% | 4h | 1.4540 | long leg | $967K | $99K | 50x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4500 | −0.274% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAM | +0.0696% | 1h | 1.4552 | +0.085% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1341% | 4h | 1.4591 | +0.352% | $338K | $628K | 30x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
BloFin GRAM-USDT
Lighter GRAM
HTX GRAM-USDT