Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.2% APRpaid last 24h +0.123%
Price spread now: Lighter against Paradex+0.031%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.031% dearer against Paradex than usual: you sell high and buy low, +$3 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 | Paradex GRAM-USD-PERP | 1.4357 | 0.0097 | pay 0.0097% / 8h | 4h 38m | $2K | $19 | 5x |
| Short | Lighter GRAM | 1.4361 | 0.0096 | get 0.0012% / 1h | 38m 47s | $2.3M | $2.9M | 20x |
Paradex GRAM-USD-PERP
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.3
- Price spread: +0.031% → 0.000%
- $3.13
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.17
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 3 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 1.01 bp | 3.8 bp −$4 | 42.5 bp −$425 | 185.2 bp −$18.5K | doesn't fit |
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 | +0.928% | $4K | $143K | 12x | as long as short |
| Lighter GRAMshort | +0.0096% | 1h | 1.4361 | +0.031% | $2.3M | $2.9M | 20x | |
| Paradex GRAM-USD-PERPlong | +0.0097% | 8h | 1.4357 | long leg | $2K | $19 | 5x | |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4374 | +0.120% | $35.3M | $7.3M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4370 | +0.092% | $20.4M | $28.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4350 | −0.047% | $30.3M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4360 | +0.022% | $8.6M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4361 | +0.029% | $3.5M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4360 | +0.022% | $15.0M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4359 | +0.015% | $8.7M | $10.5M | 50x | as long as short |
Injective GRAM/USDC PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4367 | +0.071% | $7.1M | $4.2M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4395 | +0.265% | $17K | $273K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4410 | +0.370% | $14K | $611K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4360 | +0.022% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4398 | +0.287% | $6K | $604K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4428 | +0.496% | $336K | $636K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4370 | +0.092% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4366 | +0.067% | $168K | $123K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0106% | 1h | 1.4372 | +0.106% | $53K | $16K | 10x | as long as short |
| Aster GRAMUSDT | +0.0223% | 4h | 1.4381 | +0.167% | $964K | $126K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4360 | +0.022% | $1.4M | $228K | 50x | as long as short |
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Backpack GRAM_USDC_PERP
Aster GRAMUSDT
BloFin GRAM-USDT