Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GRAM_USDT1.45050.0100pay 0.0050% / 4h2h 44m$3.7M$3.2M75x
ShortHyperliquid GRAM1.45160.0100get 0.0013% / 1h44m 11s$35.8M$6.8M5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago1.38 bp16.4 bp −$16129.3 bp −$1,293doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago0.34 bp8.5 bp −$8doesn't fitdoesn't fitdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex GRAM-USD-PERP+0.0100%8h1.4499−0.038%$2K$305xas long as short
Hyperliquid GRAMshort+0.0100%1h1.4516+0.076%$35.8M$6.8M5x
Binance GRAMUSDT+0.0100%4h1.4503−0.017%$20.8M$25.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4500−0.034%$30.5M$13.8M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4500−0.034%$8.6M$8.3M50xas long as short
Gate GRAM_USDTlong+0.0100%4h1.4505long leg$3.7M$3.2M75x
MEXC GRAM_USDT+0.0100%4h1.4500−0.034%$15.3M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4501−0.028%$8.7M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4508+0.021%$7.2M$3.7M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4517+0.083%$44K$12K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4522+0.117%$17K$271K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4530+0.172%$13K$586K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4510+0.034%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4526+0.145%$6K$572K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4500−0.034%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4505−0.001%$150K$103K5xas long as short
Injective GRAM/USDC PERP+0.0132%1h1.4540+0.241%$4K$121K12xas long as short
Aster GRAMUSDT+0.0235%4h1.4530+0.174%$966K$99K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4500−0.034%$1.4M$210K50xas long as short
Lighter GRAM+0.0736%1h1.4536+0.212%$2.7M$2.5M20xas long as short
HTX GRAM-USDT+0.1375%4h1.4587+0.565%$338K$628K30xas long as short