GRAM arbitrage between HyperLiquid and KuCoin: we compare the price of GRAM on HyperLiquid (futures) and KuCoin (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Gram (prev. Toncoin)

TON (The Open Network) is a general-purpose blockchain that allows developers to build decentralized apps and tokens.

Smart Contract Platform, BNB Chain Ecosystem, Layer 1 (L1), Ethereum Ecosystem

GRAM: KuCoin — deposit open, withdrawal open.

Open interest in GRAM right now — $83.4M: Bybit $22.2M, KuCoin $19.5M, HyperLiquid $15.2M, Binance $14.2M, OKX $6.4M. See OI GRAM.

News about GRAM

About GRAM arbitrage

How do I read the GRAM spread?

The spread is how many percent higher GRAM trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HyperLiquid and KuCoin. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get GRAM alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.