GRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0325%/8h= −35.6% APRnext payment −$0.41 per $10,000 · paid last 24h +0.104%

Price spread now: Lighter against Backpack−0.013%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.481%+$48 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.481%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack GRAM_USDC_PERP	1.4423	0.0421	pay 0.0053% / 1h	14m 39s	$53K	$16K	10x
Short	Lighter GRAM	1.4421	0.0096	get 0.0012% / 1h	14m 39s	$2.3M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Backpack. 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 BackpackbpFee LighterbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$68.24
Price spread: −0.013% → 0.000%: −$1.32
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$79.56
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Backpack: 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 Backpack no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	5.97 bp	6.6 bp −$7	35.5 bp −$355	178.8 bp −$17.9K	doesn't fit

Backpack: 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	+0.465%	$4K	$143K	12x	as long as short
Lighter GRAMshort	+0.0096%	1h	1.4421	−0.013%	$2.3M	$2.9M	20x
Binance GRAMUSDT	+0.0100%	4h	1.4414	−0.059%	$20.3M	$27.5M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4404	−0.132%	$30.4M	$13.6M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4400	−0.159%	$8.6M	$8.2M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4410	−0.090%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4400	−0.159%	$16.7M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4413	−0.069%	$9.0M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4409	−0.097%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4390	−0.229%	$17K	$276K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4390	−0.229%	$14K	$617K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4420	−0.021%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4427	+0.028%	$6K	$562K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4419	−0.028%	$331K	$584K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4410	−0.090%	$1.6M	$1.8M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4410	−0.092%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4406	−0.117%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0217%	4h	1.4420	−0.021%	$967K	$118K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4410	−0.090%	$1.4M	$239K	50x	as long as short
Hyperliquid GRAM	+0.0380%	1h	1.4431	+0.053%	$35.6M	$7.6M	5x	as long as short
Backpack GRAM_USDC_PERPlong	+0.0421%	1h	1.4423	long leg	$53K	$16K	10x