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: Bitget against Hyperliquid−0.076%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$380.381% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.222%−$22 on $10k
Price spread, last 7 days+0.003%$0 · spread now −0.076%, 7d avg −0.086%
Together, before fees−0.219%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GRAM1.45690.0100pay 0.0013% / 1h37m 23s$35.9M$6.9M5x
ShortBitget GRAMUSDT1.45580.0100get 0.0050% / 4h2h 37m$7.2M$3.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Hyperliquid. 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% → −0.086%
$1.01
Slippage, 4 orders
−$17.09
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$37.08
Costs to cover
0.381%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Bitget: live order book, 6 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 Hyperliquid live order book, 6 min ago1.38 bp7.6 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago1.03 bp14.0 bp −$1420.6 bp −$206doesn'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%8h1.4549−0.135%$2K$305xas long as short
Hyperliquid GRAMlong+0.0100%1h1.4569long leg$35.9M$6.9M5x
Binance GRAMUSDT+0.0100%4h1.4555−0.095%$20.8M$25.9M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4558−0.076%$30.7M$13.8M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4540−0.199%$8.7M$8.4M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4555−0.096%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4550−0.130%$15.5M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4548−0.144%$8.7M$10.9M50xas long as short
Bitget GRAMUSDTshort+0.0100%4h1.4558−0.076%$7.2M$3.8M50x
Backpack GRAM_USDC_PERP+0.0100%1h1.4546−0.158%$44K$12K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4526−0.295%$17K$270K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4500−0.474%$13K$589K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4560−0.062%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4576+0.048%$7K$573K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4560−0.062%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4553−0.110%$150K$103K5xas long as short
Injective GRAM/USDC PERP+0.0132%1h1.4540−0.199%$4K$121K12xas long as short
Aster GRAMUSDT+0.0253%4h1.4560−0.062%$968K$100K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4540−0.199%$1.4M$210K50xas long as short
Lighter GRAM+0.0824%1h1.4573+0.026%$2.8M$2.5M20xas long as short
HTX GRAM-USDT+0.1457%4h1.4593+0.165%$338K$627K30xas long as short