Funding you earn now, next payment 06:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.057%
Price spread now: Hyperliquid against BloFin+0.213%87s7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as 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−$570.571% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 4 days (all we have)−0.254%−$25 · spread now +0.213%, 7d avg +0.130%
=Together, before fees−0.421%+ Points / potential airdropHyperliquid: Season 2 · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.082% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.130%. Mind the row above: over the last 7 days funding on this pair cost −0.167%, so the current rate has only just turned in your favour. The two prices were read 87 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 | BloFin GRAM-USDT | 1.4380 | 0.0340 | pay 0.0170% / 4h | 2h 15m | $1.4M | $238K | 50x |
| Short | Hyperliquid GRAM | 1.4411 | 0.0382 | get 0.0048% / 1h | 15m 36s | $35.5M | $7.6M | 5x |
BloFin GRAM-USDT
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- $8.9
- Price spread: +0.213% → +0.130%
- $8.24
- Slippage, 4 orders
- −$36.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$39.94
- Costs to cover
- 0.571%
- Break-even
- 38.4 days
Slippage from BloFin: live order book, 2 min ago; Hyperliquid: live order book, 8 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 BloFin live order book, 2 min ago | 3.47 bp | 15.5 bp −$15 | 25.1 bp −$251 | 349.4 bp −$34.9K | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 2.09 bp | 7.2 bp −$7 | 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 | +0.0033% | 1h | 1.4490 | +0.765% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4406 | +0.182% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4404 | +0.166% | $20.3M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4407 | +0.188% | $30.4M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4410 | +0.209% | $8.6M | $8.2M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4400 | +0.139% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4390 | +0.070% | $16.7M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4395 | +0.104% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4397 | +0.118% | $7.0M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4390 | +0.069% | $17K | $276K | 10x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
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 | 1.4390 | +0.070% | $14K | $617K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4400 | +0.139% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4417 | +0.257% | $6K | $561K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4419 | +0.271% | $331K | $584K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4390 | +0.070% | $1.6M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4400 | +0.140% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4399 | +0.131% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0217% | 4h | 1.4420 | +0.278% | $967K | $118K | 50x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4380 | long leg | $1.4M | $238K | 50x | |
| Hyperliquid GRAMshort | +0.0382% | 1h | 1.4411 | +0.213% | $35.5M | $7.6M | 5x | |
| Backpack GRAM_USDC_PERP | +0.0413% | 1h | 1.4402 | +0.153% | $53K | $16K | 10x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Aster GRAMUSDT
Backpack GRAM_USDC_PERP