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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0017%/8h= +1.8% APRpaid last 24h +0.154%
Price spread now: Hyperliquid against KuCoin+0.076%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.518% 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−0.061%−$6 · spread now +0.076%, 7d avg +0.059%
Together, before fees+0.215%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GRAMUSDTM1.44510.0100pay 0.0050% / 4h1h 19m$8.9M$11.0M50x
ShortHyperliquid GRAM1.44620.0117get 0.0015% / 1h19m 49s$35.6M$7.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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
$3.49
Price spread: +0.076% → +0.059%
$1.73
Slippage, 4 orders
−$30.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$46.57
Costs to cover
0.518%
Break-even
100.4 days
Slippage from KuCoin: live order book, 4 min ago; Hyperliquid: live order book, 3 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 KuCoin live order book, 4 min ago1.04 bp18.0 bp −$1874.1 bp −$741doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago0.35 bp9.8 bp −$10doesn't fitdoesn'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+0.270%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0099%8h1.4453+0.013%$2K$305xas long as short
Binance GRAMUSDT+0.0100%4h1.4451−0.002%$20.4M$26.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4455+0.028%$30.6M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4450−0.007%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4458+0.048%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4450−0.007%$15.4M$2.8M20xas long as short
KuCoin GRAMUSDTMlong+0.0100%4h1.4451long leg$8.9M$11.0M50x
Bitget GRAMUSDT+0.0100%4h1.4455+0.028%$7.1M$3.8M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4457+0.042%$43K$14K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4446−0.034%$17K$271K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4450−0.007%$13K$590K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4460+0.062%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4477+0.180%$7K$593K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4460+0.062%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4447−0.026%$169K$123K5xas long as short
Hyperliquid GRAMshort+0.0117%1h1.4462+0.076%$35.6M$7.0M5x
Aster GRAMUSDT+0.0193%4h1.4476+0.174%$963K$99K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4470+0.131%$1.4M$215K50xas long as short
HTX GRAM-USDT+0.0428%4h1.4493+0.291%$335K$624K30xas long as short
Lighter GRAM+0.0568%1h1.4480+0.201%$2.7M$2.3M20xas long as short