Funding you earn now, next payment 00:00 UTC+0.0620%/8h= +67.9% APRpaid last 24h +0.115%
Price spread now: Lighter against Paradex+0.197%7-day average — · you sell dearer than you buy
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 airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Lighter is 0.197% dearer against Paradex 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex GRAM-USD-PERP | 1.4508 | 0.0100 | pay 0.0100% / 8h | 52m 00s | $2K | $30 | 5x |
| Short | Lighter GRAM | 1.4537 | 0.0720 | get 0.0090% / 1h | 52m 00s | $2.7M | $2.3M | 20x |
Paradex GRAM-USD-PERP
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- $130.27
- Price spread: +0.197% → 0.000%
- $19.67
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $145.95
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 10 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 10 min ago | 0.41 bp | 4.7 bp −$5 | 13.8 bp −$138 | 166.3 bp −$16.6K | doesn't fit |
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 | −0.127% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERPlong | +0.0100% | 8h | 1.4508 | long leg | $2K | $30 | 5x | |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4515 | +0.045% | $35.7M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4506 | −0.016% | $20.5M | $26.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4513 | +0.031% | $30.8M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4500 | −0.058% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4505 | −0.024% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4520 | +0.080% | $15.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4508 | −0.003% | $9.0M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4517 | +0.059% | $7.1M | $3.9M | 50x | as long as short |
Injective GRAM/USDC PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4509 | +0.004% | $44K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4502 | −0.042% | $17K | $271K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4500 | −0.058% | $13K | $590K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4500 | −0.058% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4526 | +0.121% | $7K | $594K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4500 | −0.058% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4506 | −0.019% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0151% | 4h | 1.4510 | +0.011% | $966K | $99K | 50x | as long as short |
| HTX GRAM-USDT | +0.0297% | 4h | 1.4554 | +0.314% | $336K | $628K | 30x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4490 | −0.127% | $1.4M | $215K | 50x | as long as short |
| Lighter GRAMshort | +0.0720% | 1h | 1.4537 | +0.197% | $2.7M | $2.3M | 20x |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
HTX GRAM-USDT
BloFin GRAM-USDT