Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.113%
Price spread now: Lighter against Orderly+0.201%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter is 0.201% dearer against Orderly than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_GRAM_USDC_mythos1.46000.0100pay 0.0050% / 4h3h 13m$2K$1K10x
ShortLighter GRAM1.46290.0432get 0.0054% / 1h13m 53s$2.6M$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Orderly. 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

Funding earned
$69.72
Price spread: +0.201% → 0.000%
$20.14
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
$83.86
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Lighter live order book, 3 min ago1.41 bp4.2 bp −$424.2 bp −$242170.8 bp −$17.1Kdoesn't fit
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.4490−0.753%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4603+0.020%$2K$195xas long as short
Binance GRAMUSDT+0.0100%4h1.4592−0.053%$20.6M$27.1M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4588−0.082%$31.1M$13.8M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4590−0.068%$8.7M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4596−0.027%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4580−0.137%$15.6M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.46000.000%$8.9M$10.8M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4596−0.027%$7.3M$3.9M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4555−0.311%$17K$273K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.4550−0.342%$14K$601K50xas long as short
Orderly PERP_GRAM_USDC_mythoslong+0.0100%4h1.4600long leg$2K$1K10x
SunX GRAM-USDT+0.0100%4h1.4627+0.185%$7K$591K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.46000.000%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4602+0.012%$170K$123K5xas long as short
HTX GRAM-USDT+0.0116%4h1.4598−0.014%$341K$623K30xas long as short
Backpack GRAM_USDC_PERP+0.0181%1h1.4614+0.096%$54K$20K10xas long as short
Hyperliquid GRAM+0.0198%1h1.4627+0.185%$36.0M$7.0M5xas long as short
BloFin GRAM-USDT+0.0340%4h1.46000.000%$1.4M$204K50xas long as short
Aster GRAMUSDT+0.0350%4h1.4610+0.068%$984K$114K50xas long as short
Lighter GRAMshort+0.0432%1h1.4629+0.201%$2.6M$2.4M20x