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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GRAMUSDTM | 1.4451 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $8.9M | $11.0M | 50x |
| Short | Hyperliquid GRAM | 1.4462 | 0.0117 | get 0.0015% / 1h | 19m 49s | $35.6M | $7.0M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 1.04 bp | 18.0 bp −$18 | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.35 bp | 9.8 bp −$10 | 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 | −0.0387% | 1h | 1.4490 | +0.270% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0099% | 8h | 1.4453 | +0.013% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4451 | −0.002% | $20.4M | $26.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4455 | +0.028% | $30.6M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4450 | −0.007% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4458 | +0.048% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4450 | −0.007% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTMlong | +0.0100% | 4h | 1.4451 | long leg | $8.9M | $11.0M | 50x | |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4455 | +0.028% | $7.1M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4457 | +0.042% | $43K | $14K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4446 | −0.034% | $17K | $271K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4450 | −0.007% | $13K | $590K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4460 | +0.062% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4477 | +0.180% | $7K | $593K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | +0.062% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4447 | −0.026% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAMshort | +0.0117% | 1h | 1.4462 | +0.076% | $35.6M | $7.0M | 5x | |
| Aster GRAMUSDT | +0.0193% | 4h | 1.4476 | +0.174% | $963K | $99K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4470 | +0.131% | $1.4M | $215K | 50x | as long as short |
| HTX GRAM-USDT | +0.0428% | 4h | 1.4493 | +0.291% | $335K | $624K | 30x | as long as short |
| Lighter GRAM | +0.0568% | 1h | 1.4480 | +0.201% | $2.7M | $2.3M | 20x | as long as short |
KuCoin GRAMUSDTM
Hyperliquid GRAM
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
HTX GRAM-USDT
Lighter GRAM