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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.150%
Price spread now: Gate against Hyperliquid−0.062%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.347%−$35 on $10k
Price spread, last 7 days+0.020%+$2 · spread now −0.062%, 7d avg −0.073%
Together, before fees−0.327%+ Points / potential airdropHyperliquid: Season 2 · farm board−$33 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GRAM1.44680.0100pay 0.0013% / 1h11m 52s$35.6M$7.0M5x
ShortGate GRAM_USDT1.44590.0100get 0.0050% / 4h1h 11m$3.7M$3.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.062% → −0.073%
$1.08
Slippage, 4 orders
−$20.62
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$43.53
Costs to cover
0.446%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Gate: live order book, 1 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, 11 min ago0.35 bp5.6 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.15 bp14.1 bp −$1457.3 bp −$573doesn'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
Injective GRAM/USDC PERP−0.0387%1h1.4490+0.152%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0099%8h1.4452−0.113%$2K$305xas long as short
Hyperliquid GRAMlong+0.0100%1h1.4468long leg$35.6M$7.0M5x
Binance GRAMUSDT+0.0100%4h1.4460−0.055%$20.4M$26.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4453−0.104%$30.6M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4440−0.194%$8.6M$8.5M50xas long as short
Gate GRAM_USDTshort+0.0100%4h1.4459−0.062%$3.7M$3.2M75x
MEXC GRAM_USDT+0.0100%4h1.4460−0.055%$15.4M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4457−0.076%$9.0M$11.0M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4453−0.104%$7.1M$3.8M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4465−0.021%$43K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4450−0.127%$17K$272K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4440−0.194%$13K$591K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4460−0.055%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4477+0.062%$7K$595K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4460−0.055%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4457−0.076%$169K$123K5xas long as short
Aster GRAMUSDT+0.0163%4h1.4475+0.047%$963K$99K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4430−0.263%$1.4M$214K50xas long as short
HTX GRAM-USDT+0.0376%4h1.4488+0.138%$335K$628K30xas long as short
Lighter GRAM+0.0552%1h1.4485+0.115%$2.7M$2.3M20xas long as short