Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.002%

Price spread now: Paradex against Extended−0.018%7-day average — · you buy dearer than you sell

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

Long on Extended 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 airdropExtended: Active · Paradex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRAM-USD	1.4457	0.0104	pay 0.0013% / 1h	51m 42s	$169K	$123K	5x
Short	Paradex GRAM-USD-PERP	1.4454	0.0100	get 0.0100% / 8h	7h 51m	$2K	$30	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Extended. 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 ExtendedbpFee ParadexbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$0.91
Price spread: −0.018% → 0.000%: −$1.85
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$11.76
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 19 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 Extended live order book, 19 min ago	5.19 bp	16.3 bp −$16	85.9 bp −$859	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	+0.229%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERPshort	+0.0100%	8h	1.4454	−0.018%	$2K	$30	5x
Hyperliquid GRAM	+0.0100%	1h	1.4471	+0.097%	$35.6M	$7.0M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4453	−0.029%	$20.4M	$27.0M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4456	−0.006%	$30.6M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4450	−0.048%	$8.6M	$8.4M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4463	+0.042%	$3.7M	$3.1M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4460	+0.021%	$15.4M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4462	+0.035%	$8.9M	$10.9M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4463	+0.042%	$7.2M	$3.9M	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	1.4472	+0.104%	$48K	$17K	10x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4463	+0.043%	$17K	$271K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4460	+0.021%	$14K	$599K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4470	+0.090%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4487	+0.208%	$7K	$590K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4450	−0.048%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USDlong	+0.0104%	1h	1.4457	long leg	$169K	$123K	5x
Aster GRAMUSDT	+0.0182%	4h	1.4480	+0.160%	$975K	$111K	50x	as long as short
Lighter GRAM	+0.0184%	1h	1.4477	+0.138%	$2.7M	$2.3M	20x	as long as short
HTX GRAM-USDT	+0.0252%	4h	1.4522	+0.450%	$337K	$618K	30x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4480	+0.160%	$1.4M	$205K	50x	as long as short