Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.149%
Price spread now: Hyperliquid against Gate+0.076%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.479% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.076%, 7d avg +0.072%
=Together, before fees+0.303%+ Points / potential airdropHyperliquid: Season 2 · farm board+$30 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRAM_USDT | 1.4505 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $3.7M | $3.2M | 75x |
| Short | Hyperliquid GRAM | 1.4516 | 0.0100 | get 0.0013% / 1h | 44m 11s | $35.8M | $6.8M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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: +0.076% → +0.072%
- $0.34
- Slippage, 4 orders
- −$23.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$47.54
- Costs to cover
- 0.479%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Hyperliquid: live order book, 9 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 Gate live order book, 4 min ago | 1.38 bp | 16.4 bp −$16 | 129.3 bp −$1,293 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 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 | 1.4499 | −0.038% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAMshort | +0.0100% | 1h | 1.4516 | +0.076% | $35.8M | $6.8M | 5x | |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4503 | −0.017% | $20.8M | $25.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4500 | −0.034% | $30.5M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4500 | −0.034% | $8.6M | $8.3M | 50x | as long as short |
| Gate GRAM_USDTlong | +0.0100% | 4h | 1.4505 | long leg | $3.7M | $3.2M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4500 | −0.034% | $15.3M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4501 | −0.028% | $8.7M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4508 | +0.021% | $7.2M | $3.7M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4517 | +0.083% | $44K | $12K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4522 | +0.117% | $17K | $271K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4530 | +0.172% | $13K | $586K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4510 | +0.034% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4526 | +0.145% | $6K | $572K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4500 | −0.034% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4505 | −0.001% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | +0.241% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDT | +0.0235% | 4h | 1.4530 | +0.174% | $966K | $99K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4500 | −0.034% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAM | +0.0736% | 1h | 1.4536 | +0.212% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1375% | 4h | 1.4587 | +0.565% | $338K | $628K | 30x | as long as short |
Gate GRAM_USDT
Hyperliquid GRAM
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM
HTX GRAM-USDT