Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

GRAM

All GRAM markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PopdexGRAMUSDT
1.5180+0.0096pay 0.0012% / 1h29m 29s$111K$314K50xLong Popdex
SHORT
LighterGRAM
1.5198+0.0280get 0.0035% / 1h29m 29s$3.3M$7.2M20xShort Lighter7d free
Price gap+0.119%
Funding gap+0.0184% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.068% above its 7d average: +$7 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$75+0.0184% /8h now · paid +0.749% over the last 7D
Price+$7spread +0.119% now, avg +0.051% → +0.068% if it goes back
Costs−$380.382% of $10k · taker + slippage, in and out
Result+$43+0.43%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.119%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

GRAM on 21 exchanges

lowest funding first

Before you open

5 ok · 1 to watch
  • OK: Fits both order books13.9 / 5.5 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $500
    Popdex 50x, Lighter 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$5.52Long Popdex: 24 payments, −$2.88; short Lighter: 24 payments, +$8.40.
  • OK: Entry gap works for you+0.119% vs +0.051%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$111K vs $3.3M OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · Lighter No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0393%/8h × 21 periods+$82.47
Price spread+0.119% → +0.051% (7d avg)+$6.79
Slippage, 4 orderslive order books−$31.83
Fee Popdex bp × 2 orders−$6.40
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$51.03
Costs to cover0.382%Break-even2.7 days
Slippage: Popdex: live order book, 3 min ago; Lighter: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex3.3013.9 bp−$14264.6 bp−$2,646doesn’t fitdoesn’t fit
SELL · SHORTLighter1.715.5 bp−$523.3 bp−$233163.2 bp−$16.3Kdoesn’t fit

Closing costs about the same again.

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