Funding you earn now, next payment 01:00 UTC−0.0139%/8h= −15.2% APRpaid last 24h −0.139%
Price spread now: SunX against Hyperliquid−0.144%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1381.385% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 3 days (all we have)+0.217%+$22 · spread now −0.144%, 7d avg +0.020%
=Together, before fees+0.001%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.163% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRAM | 1.4628 | 0.0239 | pay 0.0030% / 1h | 10m 22s | $36.0M | $7.0M | 5x |
| Short | SunX GRAM-USDT | 1.4607 | 0.0100 | get 0.0050% / 4h | 3h 10m | $7K | $592K | 10x |
Hyperliquid GRAM
SunX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$29.22
- Price spread: −0.144% → +0.020%
- −$16.31
- Slippage, 4 orders
- −$121.47
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$184
- Costs to cover
- 1.385%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; SunX: live order book, 41 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, 3 min ago | 0.34 bp | 6.5 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 41 min ago | 32.81 bp | 72.6 bp −$73 | doesn't fit | 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 | −0.943% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4603 | −0.168% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4602 | −0.177% | $20.6M | $27.1M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4607 | −0.144% | $31.1M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4600 | −0.191% | $8.7M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4607 | −0.144% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4600 | −0.191% | $15.6M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4610 | −0.123% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4615 | −0.089% | $7.3M | $3.9M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4592 | −0.249% | $17K | $274K | 10x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
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 | 1.4600 | −0.191% | $14K | $603K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4600 | −0.191% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDTshort | +0.0100% | 4h | 1.4607 | −0.144% | $7K | $592K | 10x | |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4621 | −0.048% | $341K | $624K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4610 | −0.123% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4599 | −0.196% | $170K | $123K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0181% | 1h | 1.4593 | −0.239% | $54K | $20K | 10x | as long as short |
| Hyperliquid GRAMlong | +0.0239% | 1h | 1.4628 | long leg | $36.0M | $7.0M | 5x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4590 | −0.260% | $1.4M | $204K | 50x | as long as short |
| Aster GRAMUSDT | +0.0384% | 4h | 1.4630 | +0.014% | $985K | $114K | 50x | as long as short |
| Lighter GRAM | +0.0464% | 1h | 1.4629 | +0.006% | $2.6M | $2.4M | 20x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Backpack GRAM_USDC_PERP
BloFin GRAM-USDT
Aster GRAMUSDT
Lighter GRAM