Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: MEXC against Paradex+0.008%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on MEXC

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	Paradex GRAM-USD-PERP	1.4379	0.0100	pay 0.0100% / 8h	2h 36m	$2K	$31	5x
Short	MEXC GRAM_USDT	1.4380	0.0100	get 0.0050% / 4h	2h 36m	$16.5M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Paradex. 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 ParadexbpFee MEXCbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$0.05
Price spread: +0.008% → 0.000%: $0.85
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$7.21
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago	3.48 bp	5.5 bp −$5	11.3 bp −$113	69.0 bp −$6,898	314.2 bp −$157.1K

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	+0.773%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4397	+0.125%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4380	+0.006%	$20.3M	$27.5M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4375	−0.026%	$30.4M	$13.6M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4380	+0.008%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4380	+0.008%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDTshort	+0.0100%	4h	1.4380	+0.008%	$16.5M	$2.6M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4389	+0.071%	$9.2M	$10.1M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4378	−0.005%	$7.1M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4341	−0.263%	$17K	$275K	10x	as long as short

Show 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	−0.131%	$14K	$617K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4370	−0.061%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4407	+0.196%	$6K	$560K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4403	+0.168%	$330K	$584K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4380	+0.008%	$1.6M	$1.8M	20x	as long as short
Paradex GRAM-USD-PERPlong	+0.0100%	8h	1.4379	long leg	$2K	$31	5x
Extended GRAM-USD	+0.0104%	1h	1.4376	−0.020%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0219%	4h	1.4390	+0.078%	$965K	$120K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4350	−0.200%	$1.4M	$237K	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0459%	1h	1.4393	+0.099%	$53K	$16K	10x	as long as short
Hyperliquid GRAM	+0.0470%	1h	1.4391	+0.085%	$35.5M	$7.6M	5x	as long as short