Funding arb · Price arb /

GRAM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: Paradex against SunX−0.153%7-day average — · you buy dearer than you sell

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

Long on SunX 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.153% cheaper against SunX than usual: you would sell low and buy high, −$15 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	SunX GRAM-USDT	1.4556	0.0100	pay 0.0050% / 4h	2h 50m	$7K	$596K	10x
Short	Paradex GRAM-USD-PERP	1.4534	0.0100	get 0.0100% / 8h	6h 50m	$2K	$19	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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 SunXbpFee ParadexbpOrdersPrice spread, now −0.153%Rate

Funding earned: $0.02
Price spread: −0.153% → 0.000%: −$15.26
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$27.23
Costs to cover: 0.120%
Break-even: 9125.3 days

Slippage unknown: SunX: live order book, 61 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 SunX live order book, 61 min ago	32.81 bp	50.9 bp −$51	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	−0.453%	$4K	$143K	12x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4556	+0.002%	$20.6M	$27.5M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4549	−0.048%	$31.0M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4550	−0.041%	$8.7M	$8.7M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4555	−0.007%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4550	−0.041%	$15.6M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4548	−0.055%	$8.9M	$10.8M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4557	+0.007%	$7.3M	$4.1M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4488	−0.468%	$17K	$272K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4520	−0.247%	$14K	$604K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4540	−0.110%	$2K	$1K	10x	as long as short
SunX GRAM-USDTlong	+0.0100%	4h	1.4556	long leg	$7K	$596K	10x
HTX GRAM-USDT	+0.0100%	4h	1.4548	−0.055%	$339K	$625K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4550	−0.041%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERPshort	+0.0100%	8h	1.4534	−0.153%	$2K	$19	5x
Extended GRAM-USD	+0.0104%	1h	1.4553	−0.021%	$169K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0198%	1h	1.4566	+0.069%	$35.8M	$7.1M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4490	−0.453%	$1.4M	$199K	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0459%	1h	1.4566	+0.069%	$54K	$20K	10x	as long as short
Aster GRAMUSDT	+0.0473%	4h	1.4560	+0.027%	$980K	$119K	50x	as long as short
Lighter GRAM	+0.0744%	1h	1.4575	+0.132%	$2.6M	$2.4M	20x	as long as short