Funding you earn now, next payment 10:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.131%
Price spread now: Hyperliquid against Paradex+0.134%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.134% dearer against Paradex than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex GRAM-USD-PERP | 1.4265 | 0.0100 | pay 0.0100% / 8h | 6h 20m | $2K | $31 | 5x |
| Short | Hyperliquid GRAM | 1.4284 | 0.0218 | get 0.0027% / 1h | 20m 39s | $35.0M | $7.1M | 5x |
Paradex GRAM-USD-PERP
Hyperliquid GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Paradex. 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
- $24.74
- Price spread: +0.134% → 0.000%
- $13.36
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $25.1
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 6 min ago. Net counts fees only.
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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 6 min ago | 1.40 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
GRAM on 21 exchanges
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 | +1.578% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4274 | +0.064% | $20.1M | $26.0M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4273 | +0.056% | $30.3M | $12.7M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4270 | +0.035% | $8.5M | $7.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4274 | +0.063% | $3.6M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4270 | +0.035% | $15.9M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4276 | +0.077% | $8.8M | $9.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4273 | +0.056% | $6.9M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4286 | +0.148% | $52K | $14K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4292 | +0.189% | $17K | $273K | 10x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDCShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4290 | +0.176% | $14K | $620K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4290 | +0.176% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4306 | +0.288% | $6K | $514K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4306 | +0.288% | $299K | $567K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4280 | +0.106% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERPlong | +0.0100% | 8h | 1.4265 | long leg | $2K | $31 | 5x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4272 | +0.050% | $128K | $157K | 5x | as long as short |
| Lighter GRAM | +0.0200% | 1h | 1.4287 | +0.153% | $2.3M | $2.8M | 20x | as long as short |
| Hyperliquid GRAMshort | +0.0218% | 1h | 1.4284 | +0.134% | $35.0M | $7.1M | 5x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4300 | +0.246% | $1.4M | $228K | 50x | as long as short |
| Aster GRAMUSDT | +0.0415% | 4h | 1.4299 | +0.238% | $963K | $123K | 50x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Lighter GRAM
BloFin GRAM-USDT
Aster GRAMUSDT