Settings8H · net · $10k
Funding arb · Price arb /

GRAM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.117%
Price spread now: Orderly against Lighter−0.124%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: 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: Orderly is 0.124% cheaper against Lighter than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter GRAM1.43680.0096pay 0.0012% / 1h29m 34s$2.3M$2.9M20x
ShortOrderly PERP_GRAM_USDC_mythos1.43500.0100get 0.0050% / 4h2h 29m$2K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Lighter. 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

Funding earned
$0.84
Price spread: −0.124% → 0.000%
−$12.39
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$17.55
Costs to cover
0.060%
Break-even
153.2 days
Slippage unknown: Lighter: live order book, 8 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 8 min ago1.28 bp5.2 bp −$523.9 bp −$239159.9 bp −$16.0Kdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GRAM/USDC PERP+0.0033%1h1.4490+0.851%$4K$143K12xas long as short
Lighter GRAMlong+0.0096%1h1.4368long leg$2.3M$2.9M20x
Binance GRAMUSDT+0.0100%4h1.4353−0.100%$20.3M$27.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4350−0.124%$30.3M$13.6M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4350−0.124%$8.6M$8.1M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4353−0.103%$3.5M$3.5M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4350−0.124%$16.5M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4357−0.075%$9.2M$10.2M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4353−0.103%$7.1M$4.0M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4334−0.234%$17K$276K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.4350−0.124%$14K$617K50xas long as short
Orderly PERP_GRAM_USDC_mythosshort+0.0100%4h1.4350−0.124%$2K$1K10x
SunX GRAM-USDT+0.0100%4h1.4377+0.064%$7K$561K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4382+0.099%$330K$584K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4350−0.124%$1.5M$1.8M20xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4348−0.141%$2K$315xas long as short
Extended GRAM-USD+0.0104%1h1.4350−0.127%$168K$123K5xas long as short
Aster GRAMUSDT+0.0216%4h1.4376+0.059%$964K$119K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4360−0.054%$1.4M$237K50xas long as short
Backpack GRAM_USDC_PERP+0.0429%1h1.4361−0.047%$53K$16K10xas long as short
Hyperliquid GRAM+0.0448%1h1.4365−0.019%$35.4M$7.6M5xas long as short