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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.147%
Price spread now: KuCoin against Hyperliquid−0.063%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.276%−$28 on $10k
Price spread, last 7 days+0.046%+$5 · spread now −0.063%, 7d avg −0.060%
Together, before fees−0.230%+ Points / potential airdropHyperliquid: Season 2 · farm board−$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GRAM1.44950.0100pay 0.0013% / 1h26m 42s$35.6M$7.0M5x
ShortKuCoin GRAMUSDTM1.44860.0100get 0.0050% / 4h26m 42s$8.9M$10.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.063% → −0.060%
−$0.32
Slippage, 4 orders
−$29.89
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$51.21
Costs to cover
0.509%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; KuCoin: live order book, 2 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 ago2.07 bp9.5 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.72 bp15.1 bp −$1557.0 bp −$570doesn'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+0.0033%1h1.4490−0.035%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4480−0.104%$2K$305xas long as short
Hyperliquid GRAMlong+0.0100%1h1.4495long leg$35.6M$7.0M5x
Binance GRAMUSDT+0.0100%4h1.4486−0.061%$20.4M$27.0M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4485−0.070%$30.7M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4480−0.104%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4486−0.063%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4480−0.104%$15.4M$2.7M20xas long as short
KuCoin GRAMUSDTMshort+0.0100%4h1.4486−0.063%$8.9M$10.9M50x
Bitget GRAMUSDT+0.0100%4h1.4484−0.077%$7.1M$3.9M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4498+0.020%$43K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4496+0.007%$17K$270K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4510+0.103%$14K$596K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4480−0.104%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4517+0.151%$6K$591K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4490−0.035%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4484−0.079%$169K$123K5xas long as short
Aster GRAMUSDT+0.0153%4h1.4512+0.116%$966K$104K50xas long as short
HTX GRAM-USDT+0.0287%4h1.4525+0.206%$336K$630K30xas long as short
BloFin GRAM-USDT+0.0340%4h1.4490−0.035%$1.4M$215K50xas long as short
Lighter GRAM+0.0864%1h1.4519+0.165%$2.7M$2.3M20xas long as short