Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.3% APRpaid last 24h −0.006%

Price spread now: Paradex against Phemex+0.005%7-day average — · you sell dearer than you buy

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

Long on Phemex 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex GRAMUSDT	1.4410	0.0100	pay 0.0050% / 4h	43m 36s	$1.5M	$1.8M	20x
Short	Paradex GRAM-USD-PERP	1.4411	0.0098	get 0.0098% / 8h	4h 43m	$2K	$19	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Phemex. 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 PhemexbpFee ParadexbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$0.5
Price spread: +0.005% → 0.000%: $0.48
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$16.02
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 5 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 Phemex live order book, 5 min ago	10.45 bp	72.1 bp −$72	doesn't fit	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 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	+0.555%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERPshort	+0.0098%	8h	1.4411	+0.005%	$2K	$19	5x
Hyperliquid GRAM	+0.0100%	1h	1.4436	+0.180%	$35.5M	$7.3M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4416	+0.044%	$20.5M	$28.5M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4404	−0.042%	$30.4M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4410	0.000%	$8.6M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4422	+0.083%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4420	+0.069%	$15.1M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4414	+0.028%	$8.7M	$10.5M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4417	+0.049%	$7.2M	$4.2M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4433	+0.160%	$53K	$16K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4358	−0.359%	$17K	$275K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4380	−0.208%	$14K	$610K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4420	+0.069%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4439	+0.201%	$7K	$602K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4413	+0.021%	$335K	$621K	30x	as long as short
Phemex GRAMUSDTlong	+0.0100%	4h	1.4410	long leg	$1.5M	$1.8M	20x
Extended GRAM-USD	+0.0104%	1h	1.4413	+0.018%	$168K	$123K	5x	as long as short
Lighter GRAM	+0.0160%	1h	1.4421	+0.075%	$2.3M	$2.9M	20x	as long as short
Aster GRAMUSDT	+0.0236%	4h	1.4421	+0.077%	$966K	$126K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4390	−0.139%	$1.4M	$229K	50x	as long as short