GRAM: Extended → Hyperliquid

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+24%

APR right now

Price gap

+0.132%

between legs

Average spread

+65%

over 24h from our own samples

Over 7 days

+65%

samples: 120

ExtendedLONG

Bid / ask1.447 / 1.4487

Mark price1.449

Volume 24h$122.51K

Open interest$169.13K

Rate+0.0013%

APR+11%

Interval / next payout1h / 23m

Extended

HyperliquidSHORT

Bid / ask1.4506 / 1.4514

Mark price1.4509

Volume 24h$7.27M

Open interest$35.79M

Rate+0.0040%

APR+35%

Interval / next payout1h / 23m

Hyperliquid

Spread from our samples

spread over the period: from 0% to 389% APR, 120 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.