Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.147%
Price spread now: Hyperliquid against edgeX+0.201%86s7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as 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−$590.594% of the position
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.201%, 7d avg +0.158%
=Together, before fees+0.256%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board+$26 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: Hyperliquid is 0.043% dearer against edgeX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.158%. The two prices were read 86 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 | edgeX GRAMUSDC | 1.4474 | 0.0100 | pay 0.0050% / 4h | 0m 08s | $17K | $273K | 10x |
| Short | Hyperliquid GRAM | 1.4503 | 0.0100 | get 0.0013% / 1h | 0m 08s | $35.7M | $7.0M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against edgeX. 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: +0.201% → +0.158%
- $4.29
- Slippage, 4 orders
- −$41.38
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$55.09
- Costs to cover
- 0.594%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 13 min ago; Hyperliquid: live order book, 3 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 edgeX live order book, 13 min ago | 17.30 bp | 21.8 bp −$22 | 42.1 bp −$421 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.34 bp | 8.7 bp −$9 | 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 | +0.112% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4482 | +0.058% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAMshort | +0.0100% | 1h | 1.4503 | +0.201% | $35.7M | $7.0M | 5x | |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4490 | +0.112% | $20.4M | $27.1M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4490 | +0.112% | $30.7M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4480 | +0.043% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4491 | +0.119% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4490 | +0.112% | $15.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4491 | +0.119% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4495 | +0.146% | $7.2M | $4.0M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4497 | +0.160% | $43K | $15K | 10x | as long as short |
| edgeX GRAMUSDClong | +0.0100% | 4h | 1.4474 | long leg | $17K | $273K | 10x | |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4470 | −0.026% | $14K | $600K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4490 | +0.112% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4497 | +0.160% | $7K | $594K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4480 | +0.043% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4487 | +0.092% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0189% | 4h | 1.4490 | +0.113% | $976K | $111K | 50x | as long as short |
| HTX GRAM-USDT | +0.0253% | 4h | 1.4528 | +0.374% | $337K | $620K | 30x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4490 | +0.112% | $1.4M | $206K | 50x | as long as short |
| Lighter GRAM | +0.0872% | 1h | 1.4516 | +0.289% | $2.7M | $2.3M | 20x | as long as short |
edgeX GRAMUSDC
Hyperliquid GRAM
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
Backpack GRAM_USDC_PERP
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
HTX GRAM-USDT
BloFin GRAM-USDT
Lighter GRAM