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 +0.005%

Price spread now: Orderly against Paradex−0.183%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Orderly

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: Orderly is 0.183% cheaper against Paradex than usual: you would sell low and buy high, −$18 on $10k if it 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	1.4336	0.0100	pay 0.0100% / 8h	7h 59m	$2K	$31	5x
Short	Orderly PERP_GRAM_USDC_mythos	1.4310	0.0100	get 0.0050% / 4h	3h 59m	$2K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.183%Rate

Funding earned: $0
Price spread: −0.183% → 0.000%: −$18.35
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$28.35
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Orderly: 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 Paradex no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Paradex and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GRAM/USDC PERP	+0.0033%	1h	1.4490	+1.072%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4344	+0.050%	$2.3M	$2.8M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4336	−0.004%	$20.2M	$27.2M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4330	−0.044%	$30.3M	$13.4M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4330	−0.044%	$8.6M	$8.0M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4331	−0.037%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4320	−0.114%	$16.3M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4326	−0.072%	$8.8M	$9.9M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4330	−0.044%	$7.0M	$4.0M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4339	+0.019%	$53K	$15K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRAMUSDC	+0.0100%	4h	1.4302	−0.240%	$16K	$276K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4330	−0.044%	$14K	$616K	50x	as long as short
Orderly PERP_GRAM_USDC_mythosshort	+0.0100%	4h	1.4310	−0.183%	$2K	$1K	10x
SunX GRAM-USDT	+0.0100%	4h	1.4346	+0.068%	$6K	$557K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4349	+0.089%	$304K	$639K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4330	−0.044%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERPlong	+0.0100%	8h	1.4336	long leg	$2K	$31	5x
Extended GRAM-USD	+0.0104%	1h	1.4327	−0.067%	$167K	$122K	5x	as long as short
Aster GRAMUSDT	+0.0245%	4h	1.4350	+0.096%	$968K	$124K	50x	as long as short
Hyperliquid GRAM	+0.0256%	1h	1.4342	+0.042%	$35.3M	$7.7M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4320	−0.114%	$1.4M	$242K	50x	as long as short