Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h −0.002%

Price spread now: Paradex against Binance−0.106%48s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Paradex

What this pair did over the last

the charts below follow

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 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.106% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRAMUSDT	1.4500	0.0100	pay 0.0050% / 4h	2h 30m	$20.6M	$26.5M	50x
Short	Paradex GRAM-USD-PERP	1.4485	0.0097	get 0.0097% / 8h	2h 30m	$2K	$30	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee ParadexbpOrdersPrice spread, now −0.106%Rate

Funding earned: −$0.63
Price spread: −0.106% → 0.000%: −$10.64
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$25.28
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 10 min ago; Paradex: no order-book sample. 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 Binance live order book, 10 min ago	3.45 bp	13.0 bp −$13	28.4 bp −$284	251.0 bp −$25.1K	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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 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
Paradex GRAM-USD-PERPshort	+0.0097%	8h	1.4485	−0.106%	$2K	$30	5x
Hyperliquid GRAM	+0.0100%	1h	1.4516	+0.110%	$35.8M	$6.9M	5x	as long as short
Binance GRAMUSDTlong	+0.0100%	4h	1.4500	long leg	$20.6M	$26.5M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4500	0.000%	$30.6M	$13.9M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4500	0.000%	$8.6M	$8.5M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4499	−0.007%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4500	0.000%	$15.4M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4499	−0.007%	$8.6M	$11.0M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4495	−0.034%	$7.2M	$3.8M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4506	+0.041%	$45K	$13K	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	1.4531	+0.210%	$17K	$271K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4510	+0.069%	$13K	$589K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4500	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4516	+0.110%	$7K	$582K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4490	−0.069%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4496	−0.027%	$149K	$103K	5x	as long as short
Injective GRAM/USDC PERP	+0.0132%	1h	1.4490	−0.069%	$4K	$143K	12x	as long as short
Aster GRAMUSDT	+0.0255%	4h	1.4510	+0.069%	$965K	$101K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4480	−0.138%	$1.4M	$210K	50x	as long as short
Lighter GRAM	+0.0856%	1h	1.4533	+0.230%	$2.7M	$2.5M	20x	as long as short
HTX GRAM-USDT	+0.1371%	4h	1.4542	+0.290%	$337K	$628K	30x	as long as short