Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0005%/8h= −0.6% APRpaid last 24h 0.000%

Price spread now: Paradex against OKX+0.026%50s7-day average — · you sell dearer than you buy

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

Long on OKX 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 0.026% dearer against OKX 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). The two prices were read 50 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	OKX GRAM-USDT-SWAP	1.4160	0.0100	pay 0.0050% / 4h	51m 55s	$8.5M	$7.4M	50x
Short	Paradex GRAM-USD-PERP	1.4164	0.0095	get 0.0095% / 8h	4h 51m	$2K	$31	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against OKX. 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 OKXbpFee ParadexbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$1.07
Price spread: +0.026% → 0.000%: $2.62
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$12.44
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago	3.53 bp	12.2 bp −$12	30.0 bp −$300	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 exchanges

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	+2.331%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERPshort	+0.0095%	8h	1.4164	+0.026%	$2K	$31	5x
Lighter GRAM	+0.0096%	1h	1.4176	+0.112%	$2.2M	$2.6M	20x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4175	+0.106%	$34.7M	$6.8M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4153	−0.047%	$19.9M	$24.4M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4150	−0.071%	$29.6M	$12.2M	50x	as long as short
OKX GRAM-USDT-SWAPlong	+0.0100%	4h	1.4160	long leg	$8.5M	$7.4M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4157	−0.021%	$3.6M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4160	0.000%	$15.1M	$2.4M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4162	+0.014%	$8.8M	$8.2M	50x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRAMUSDT	+0.0100%	4h	1.4162	+0.014%	$6.9M	$3.6M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4169	+0.064%	$52K	$13K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4174	+0.097%	$16K	$273K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4170	+0.071%	$14K	$620K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4170	+0.071%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4176	+0.113%	$6K	$461K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4215	+0.388%	$289K	$500K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4160	0.000%	$1.6M	$1.5M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4155	−0.035%	$128K	$157K	5x	as long as short
Aster GRAMUSDT	+0.0288%	4h	1.4176	+0.116%	$955K	$115K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4140	−0.141%	$1.4M	$218K	50x	as long as short