After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.054%7d average0.000%fees + slippage, in and out−$29spread needed0.288%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRAM | 1.4241 | 0.0633 | pay 0.0079% / 1h | 39m 38s | $32.8M | $3.2M | 5x |
| Short | Lighter GRAM | 1.4249 | 0.0616 | get 0.0077% / 1h | 39m 38s | $2.0M | $1.3M | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.41
- Funding while held
- −$0.5
- Slippage, 4 orders
- −$19.84
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.93
- Spread needed to break even
- 0.288%
Slippage from Hyperliquid: live order book, 5 min ago; Lighter: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0017%
- Per $10,000 a day
- −$0.50
- Average in range /8h
- —
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, 5 min ago | 0.70 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.77 bp | 6.2 bp −$6 | 18.8 bp −$188 | 214.5 bp −$21.5K | doesn't fit |
GRAM price on every exchange
against the cheapest. Click to use as the short leg.GRAM on 21 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | −3.026% | +0.0033% | 1h | $4K | $83K | 12x | as long as short |
| BloFin GRAM-USDT | −0.288% | +0.0340% | 4h | $1.4M | $96K | 50x | as long as short |
| edgeX GRAMUSDC | −0.265% | +0.0100% | 4h | $16K | $264K | 10x | as long as short |
| OKX GRAM-USDT-SWAP | −0.218% | +0.0100% | 4h | $8.6M | $6.8M | 50x | as long as short |
| MEXC GRAM_USDT | −0.218% | +0.0100% | 4h | $14.2M | $2.7M | 20x | as long as short |
| ApeX Omni GRAMUSDT | −0.218% | +0.0100% | 1h | $15K | $552K | 50x | as long as short |
| Paradex GRAM-USD-PERP | −0.164% | +0.0100% | 8h | $2K | $30 | 5x | as long as short |
| Bybit GRAMUSDT | −0.162% | +0.0100% | 4h | $29.6M | $9.9M | 50x | as long as short |
| Extended GRAM-USD | −0.150% | +0.0104% | 1h | $53K | $9K | 5x | as long as short |
| Phemex GRAMUSDT | −0.147% | +0.0100% | 4h | $1.6M | $1.3M | 20x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance GRAMUSDT | −0.132% | +0.0100% | 4h | $19.9M | $17.5M | 50x | as long as short |
| Bitget GRAMUSDT | −0.112% | +0.0100% | 4h | $7.0M | $2.7M | 50x | as long as short |
| Gate GRAM_USDT | −0.098% | +0.0100% | 4h | $3.5M | $2.6M | 75x | as long as short |
| KuCoin GRAMUSDTM | −0.098% | +0.0100% | 4h | $9.2M | $10.1M | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | −0.077% | +0.0100% | 4h | $3K | — | 10x | as long as short |
| Backpack GRAM_USDC_PERP | −0.056% | +0.0100% | 1h | $47K | $14K | 10x | as long as short |
| Aster GRAMUSDT | −0.016% | +0.0100% | 4h | $919K | $59K | 50x | as long as short |
| Hyperliquid GRAMlong | 0.000% | +0.0633% | 1h | $32.8M | $3.2M | 5x | |
| SunX GRAM-USDT | +0.042% | +0.0100% | 4h | $6K | $449K | 10x | as long as short |
| Lighter GRAMshort | +0.054% | +0.0616% | 1h | $2.0M | $1.3M | 20x | |
| HTX GRAM-USDT | +0.112% | +0.0100% | 4h | $308K | $502K | 30x | as long as short |
Hyperliquid GRAM
Lighter GRAM
Injective
BloFin
OKX
MEXC
ApeX Omni
Paradex
Bybit
Extended
Phemex
Binance
Bitget
Gate
KuCoin
Backpack
Aster
SunX
HTX