GRAM

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.222%

7d average—if it closes, per $10,000$22funding while held, a day+$18.41

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex GRAM-USD-PERP	1.4280	0.0098	pay 0.0098% / 8h	1h 43m	$2K	$30	5x
Short	Lighter GRAM	1.4312	0.0712	get 0.0089% / 1h	43m 43s	$2.2M	$1.7M	20x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee ParadexbpFee LighterbpOrdersClose when spread is

Spread captured: $22.24
Funding while held: $18.41
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Lighter: 0 bp × 2 orders: $0
Net: $36.65
Spread needed to break even: 0.040%

Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 5 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0614%
Per $10,000 a day: +$18.41
Average in range /8h: —

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, 5 min ago	0.87 bp	8.9 bp −$9	23.6 bp −$236	237.4 bp −$23.7K	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 price on every exchange

against the cheapest. Click to use as the short leg.

Injective1.3810cheapest BloFin1.4240+3.114%ApeX Omni1.4260+3.259%OKX1.4270+3.331%edgeX1.4275+3.370%MEXC1.4280+3.403%Orderly1.4280+3.403%Phemex1.4280+3.403%

Paradex1.4280+3.406%

Extended1.4283+3.424%KuCoin1.4283+3.425%Gate1.4287+3.454%Binance1.4288+3.460%Backpack1.4288+3.461%Bybit1.4290+3.476%Bitget1.4293+3.497%SunX1.4297+3.526%Aster1.4299+3.539%HTX1.4300+3.548%Hyperliquid1.4304+3.577%

Lighter1.4312+3.636%

GRAM on 21 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective GRAM/USDC PERP	−3.294%	+0.0033%	1h	$4K	$63K	12x	as long as short
BloFin GRAM-USDT	−0.282%	+0.0340%	4h	$1.4M	$122K	50x	as long as short
ApeX Omni GRAMUSDT	−0.142%	+0.0100%	1h	$15K	$558K	50x	as long as short
OKX GRAM-USDT-SWAP	−0.072%	+0.0100%	4h	$8.5M	$7.2M	50x	as long as short
edgeX GRAMUSDC	−0.034%	+0.0100%	4h	$16K	$268K	10x	as long as short
MEXC GRAM_USDT	−0.002%	+0.0100%	4h	$13.8M	$2.9M	20x	as long as short
Orderly PERP_GRAM_USDC_mythos	−0.002%	+0.0100%	4h	$3K	—	10x	as long as short
Phemex GRAMUSDT	−0.002%	+0.0100%	4h	$1.6M	$1.4M	20x	as long as short
Paradex GRAM-USD-PERPlong	0.000%	+0.0098%	8h	$2K	$30	5x
Extended GRAM-USD	+0.017%	+0.0104%	1h	$53K	$9K	5x	as long as short

Show all 21 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin GRAMUSDTM	+0.019%	+0.0100%	4h	$9.3M	$10.4M	50x	as long as short
Gate GRAM_USDT	+0.047%	+0.0100%	4h	$3.6M	$2.7M	75x	as long as short
Binance GRAMUSDT	+0.052%	+0.0100%	4h	$20.0M	$19.1M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.054%	+0.0210%	1h	$47K	$15K	10x	as long as short
Bybit GRAMUSDT	+0.068%	+0.0100%	4h	$29.4M	$10.8M	50x	as long as short
Bitget GRAMUSDT	+0.089%	+0.0100%	4h	$7.0M	$2.8M	50x	as long as short
SunX GRAM-USDT	+0.117%	+0.0100%	4h	$6K	$475K	10x	as long as short
Aster GRAMUSDT	+0.129%	+0.0100%	4h	$923K	$62K	50x	as long as short
HTX GRAM-USDT	+0.138%	+0.0100%	4h	$315K	$520K	30x	as long as short
Hyperliquid GRAM	+0.166%	+0.0576%	1h	$33.4M	$3.7M	5x	as long as short
Lighter GRAMshort	+0.222%	+0.0712%	1h	$2.2M	$1.7M	20x