Funding you earn now, next payment 06:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.133%
Price spread now: Extended against Hyperliquid−0.109%7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days−0.308%−$31 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.109%, 7d avg −0.145%
=Together, before fees−0.348%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.037% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.109% now, against its 7-day average of −0.145%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRAM | 1.4402 | 0.0385 | pay 0.0048% / 1h | 18m 41s | $35.5M | $7.6M | 5x |
| Short | Extended GRAM-USD | 1.4386 | 0.0104 | get 0.0013% / 1h | 18m 41s | $168K | $123K | 5x |
Hyperliquid GRAM
Extended GRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$59.07
- Price spread: −0.109% → −0.145%
- $3.68
- Slippage, 4 orders
- −$39.75
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$109.13
- Costs to cover
- 0.537%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Extended: live order book, 27 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, 4 min ago | 2.09 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 5.22 bp | 16.8 bp −$17 | 82.6 bp −$826 | 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 | +0.611% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4400 | −0.011% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4390 | −0.082% | $20.3M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4388 | −0.097% | $30.4M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4380 | −0.153% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4388 | −0.097% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4380 | −0.153% | $16.6M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4390 | −0.083% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4383 | −0.132% | $7.0M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4351 | −0.354% | $16K | $275K | 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 GRAMUSDT | +0.0100% | 1h | 1.4340 | −0.430% | $14K | $616K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4390 | −0.083% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4407 | +0.035% | $6K | $561K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4379 | −0.160% | $330K | $584K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4370 | −0.222% | $1.5M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4381 | −0.145% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USDshort | +0.0104% | 1h | 1.4386 | −0.109% | $168K | $123K | 5x | |
| Aster GRAMUSDT | +0.0220% | 4h | 1.4396 | −0.044% | $965K | $119K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4350 | −0.361% | $1.4M | $238K | 50x | as long as short |
| Hyperliquid GRAMlong | +0.0385% | 1h | 1.4402 | long leg | $35.5M | $7.6M | 5x | |
| Backpack GRAM_USDC_PERP | +0.0387% | 1h | 1.4394 | −0.056% | $53K | $16K | 10x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Aster GRAMUSDT
BloFin GRAM-USDT
Backpack GRAM_USDC_PERP