Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: Paradex against Binance−0.127%7-day average — · you buy dearer than you sell

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

Long on Binance 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 0.127% cheaper against Binance than usual: you would sell low and buy high, −$13 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	Binance GRAMUSDT	1.4491	0.0100	pay 0.0050% / 4h	1h 29m	$20.7M	$28.1M	50x
Short	Paradex GRAM-USD-PERP	1.4473	0.0100	get 0.0100% / 8h	5h 29m	$2K	$19	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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 BinancebpFee ParadexbpOrdersPrice spread, now −0.127%Rate

Funding earned: −$0.01
Price spread: −0.127% → 0.000%: −$12.68
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$26.68
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 12 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 Binance live order book, 12 min ago	3.45 bp	8.5 bp −$8	22.2 bp −$222	268.5 bp −$26.9K	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	−0.007%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERPshort	+0.0100%	8h	1.4473	−0.127%	$2K	$19	5x
Binance GRAMUSDTlong	+0.0100%	4h	1.4491	long leg	$20.7M	$28.1M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4476	−0.104%	$30.7M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4490	−0.007%	$8.7M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4493	+0.014%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4480	−0.076%	$15.3M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4490	−0.007%	$8.8M	$10.5M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4489	−0.014%	$7.2M	$4.1M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4496	+0.034%	$53K	$16K	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	1.4487	−0.029%	$17K	$274K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4490	−0.007%	$14K	$608K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4490	−0.007%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4520	+0.200%	$6K	$597K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4530	+0.269%	$339K	$619K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4490	−0.007%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4476	−0.105%	$169K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0317%	1h	1.4507	+0.110%	$35.8M	$7.3M	5x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4490	−0.007%	$1.4M	$204K	50x	as long as short
Aster GRAMUSDT	+0.0352%	4h	1.4504	+0.090%	$972K	$126K	50x	as long as short
Lighter GRAM	+0.0800%	1h	1.4509	+0.125%	$2.6M	$2.4M	20x	as long as short