Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: Paradex against Bitget+0.034%7-day average — · you sell dearer than you buy

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

Long on Bitget 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 0.034% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it 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	Bitget GRAMUSDT	1.4509	0.0100	pay 0.0050% / 4h	2h 45m	$7.2M	$3.7M	50x
Short	Paradex GRAM-USD-PERP	1.4514	0.0100	get 0.0100% / 8h	2h 45m	$2K	$30	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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 BitgetbpFee ParadexbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$0.06
Price spread: +0.034% → 0.000%: $3.4
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$12.66
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago	2.07 bp	12.2 bp −$12	24.6 bp −$246	doesn't fit	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	+0.0100%	8h	1.4514	+0.034%	$2K	$30	5x
Hyperliquid GRAM	+0.0100%	1h	1.4522	+0.090%	$35.8M	$6.8M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4510	+0.007%	$20.8M	$25.8M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4507	−0.014%	$30.6M	$13.9M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4500	−0.062%	$8.6M	$8.3M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4511	+0.014%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4510	+0.007%	$15.3M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4502	−0.048%	$8.7M	$10.9M	50x	as long as short
Bitget GRAMUSDTlong	+0.0100%	4h	1.4509	long leg	$7.2M	$3.7M	50x
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4517	+0.055%	$44K	$12K	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	1.4522	+0.089%	$17K	$271K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4530	+0.145%	$13K	$586K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4520	+0.076%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4526	+0.117%	$7K	$572K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4510	+0.007%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4509	−0.003%	$150K	$103K	5x	as long as short
Injective GRAM/USDC PERP	+0.0132%	1h	1.4540	+0.214%	$4K	$121K	12x	as long as short
Aster GRAMUSDT	+0.0237%	4h	1.4537	+0.195%	$967K	$99K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4500	−0.062%	$1.4M	$210K	50x	as long as short
Lighter GRAM	+0.0760%	1h	1.4543	+0.236%	$2.7M	$2.5M	20x	as long as short
HTX GRAM-USDT	+0.1359%	4h	1.4587	+0.538%	$338K	$628K	30x	as long as short