Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: Paradex against MEXC−0.002%7-day average — · you buy dearer than you sell

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

Long on MEXC 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GRAM_USDT	1.4460	0.0100	pay 0.0050% / 4h	3h 37m	$15.4M	$2.6M	20x
Short	Paradex GRAM-USD-PERP	1.4460	0.0100	get 0.0100% / 8h	7h 37m	$2K	$30	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against MEXC. 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 MEXCbpFee ParadexbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$0.05
Price spread: −0.002% → 0.000%: −$0.16
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$8.21
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 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 MEXC live order book, 1 min ago	3.46 bp	5.5 bp −$5	8.2 bp −$82	51.0 bp −$5,097	250.5 bp −$125.2K
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	+0.207%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERPshort	+0.0100%	8h	1.4460	−0.002%	$2K	$30	5x
Hyperliquid GRAM	+0.0100%	1h	1.4482	+0.152%	$35.6M	$6.9M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4461	+0.004%	$20.4M	$27.0M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4460	0.000%	$30.6M	$13.7M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4460	0.000%	$8.6M	$8.3M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4463	+0.021%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDTlong	+0.0100%	4h	1.4460	long leg	$15.4M	$2.6M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4463	+0.021%	$8.9M	$10.9M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4467	+0.048%	$7.2M	$3.9M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4467	+0.048%	$53K	$20K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4467	+0.045%	$17K	$272K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4470	+0.069%	$14K	$600K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4460	0.000%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4476	+0.111%	$7K	$592K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4460	0.000%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4459	−0.010%	$169K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0204%	4h	1.4480	+0.135%	$975K	$110K	50x	as long as short
HTX GRAM-USDT	+0.0241%	4h	1.4514	+0.373%	$337K	$618K	30x	as long as short
Lighter GRAM	+0.0272%	1h	1.4480	+0.137%	$2.6M	$2.4M	20x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4470	+0.069%	$1.4M	$205K	50x	as long as short