Funding you earn now, next payment 06:00 UTC−0.0282%/8h= −30.9% APRnext payment −$0.35 per $10,000 · paid last 24h −0.129%
Price spread now: ApeX Omni against Hyperliquid−0.284%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$680.675% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.284%, 7d avg −0.128%
=Together, before fees−0.072%+ Points / potential airdropHyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 0.157% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.128%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRAM | 1.4431 | 0.0382 | pay 0.0048% / 1h | 15m 08s | $35.6M | $7.6M | 5x |
| Short | ApeX Omni GRAMUSDT | 1.4390 | 0.0100 | get 0.0013% / 1h | 15m 08s | $14K | $617K | 50x |
Hyperliquid GRAM
ApeX Omni GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. 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
- −$59.27
- Price spread: −0.284% → −0.128%
- −$15.65
- Slippage, 4 orders
- −$48.55
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$142.47
- Costs to cover
- 0.675%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; ApeX Omni: live order book, 33 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 Hyperliquid live order book, 8 min ago | 2.09 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 33 min ago | 13.89 bp | 23.4 bp −$23 | 151.7 bp −$1,517 | 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 | +0.409% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4428 | −0.019% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4410 | −0.146% | $20.3M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4405 | −0.180% | $30.4M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4410 | −0.146% | $8.6M | $8.2M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4412 | −0.132% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4400 | −0.215% | $16.7M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4412 | −0.132% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4407 | −0.166% | $7.0M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4390 | −0.285% | $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 GRAMUSDTshort | +0.0100% | 1h | 1.4390 | −0.284% | $14K | $617K | 50x | |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4420 | −0.076% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4427 | −0.028% | $6K | $562K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4419 | −0.083% | $331K | $584K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4410 | −0.146% | $1.6M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4400 | −0.214% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4411 | −0.136% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0217% | 4h | 1.4420 | −0.076% | $967K | $118K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4410 | −0.146% | $1.4M | $239K | 50x | as long as short |
| Hyperliquid GRAMlong | +0.0382% | 1h | 1.4431 | long leg | $35.6M | $7.6M | 5x | |
| Backpack GRAM_USDC_PERP | +0.0421% | 1h | 1.4423 | −0.055% | $53K | $16K | 10x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
Backpack GRAM_USDC_PERP