Funding you earn now, next payment 07:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.123%
Price spread now: Paradex against Lighter−0.133%7-day average — · you buy dearer than you sell
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 airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.133% cheaper against Lighter than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRAM | 1.4378 | 0.0112 | pay 0.0014% / 1h | 6m 29s | $2.3M | $2.9M | 20x |
| Short | Paradex GRAM-USD-PERP | 1.4359 | 0.0100 | get 0.0100% / 8h | 1h 06m | $2K | $31 | 5x |
Lighter GRAM
Paradex GRAM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Lighter. 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
- −$2.52
- Price spread: −0.133% → 0.000%
- −$13.35
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$19.87
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 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 Lighter live order book, 6 min ago | 0.83 bp | 5.4 bp −$5 | 31.4 bp −$314 | 179.9 bp −$18.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | +0.778% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4365 | −0.095% | $20.3M | $27.3M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4362 | −0.113% | $30.4M | $13.4M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4360 | −0.127% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4362 | −0.113% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4360 | −0.127% | $16.3M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4365 | −0.092% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4363 | −0.106% | $7.0M | $4.0M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4368 | −0.071% | $53K | $16K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4352 | −0.180% | $16K | $275K | 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 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4360 | −0.127% | $14K | $619K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4370 | −0.057% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4387 | +0.061% | $7K | $557K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4383 | +0.033% | $323K | $600K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4360 | −0.127% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERPshort | +0.0100% | 8h | 1.4359 | −0.133% | $2K | $31 | 5x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4361 | −0.118% | $168K | $122K | 5x | as long as short |
| Lighter GRAMlong | +0.0112% | 1h | 1.4378 | long leg | $2.3M | $2.9M | 20x | |
| Aster GRAMUSDT | +0.0176% | 4h | 1.4386 | +0.055% | $965K | $118K | 50x | as long as short |
| Hyperliquid GRAM | +0.0201% | 1h | 1.4377 | −0.008% | $35.4M | $7.6M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4370 | −0.057% | $1.4M | $239K | 50x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Hyperliquid GRAM
BloFin GRAM-USDT