Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0130%/8h= +14.3% APRpaid last 24h +0.002%

Price spread now: GRVT against Aftermath Perps+0.038%67s7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GRVT is 0.038% dearer against Aftermath Perps than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps DRAMUSD	61.567	0.0038	pay 0.0005% / 1h	32m 01s	$1K	$36K	5x
Short	GRVT DRAM_USDT_Perp	61.590	0.0168	get 0.0168% / 8h	2h 32m	$36K	$192K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Aftermath Perps. 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 Aftermath PerpsbpFee GRVTbpOrdersPrice spread, now +0.038%Rate

Funding earned: $27.38
Price spread: +0.038% → 0.000%: $3.83
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $13.21
Costs to cover: 0.180%
Break-even: 3.6 days

Slippage unknown: Aftermath Perps: no order-book sample; GRVT: live order book, 55 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell GRVT live order book, 55 min ago	1.63 bp	6.1 bp −$6	9.9 bp −$99	doesn't fit	doesn't fit

Aftermath Perps: 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.

DRAM on 34 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
Gate DRAM_USDT	0.0000%	8h	61.610	+0.070%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.600	+0.054%	$833	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.580	+0.021%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.600	+0.054%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0027%	4h	61.592	+0.041%	$152K	$289K	20x	as long as short
Aftermath Perps DRAMUSDlong	+0.0038%	1h	61.567	long leg	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.550	−0.027%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.578	+0.018%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.598	+0.051%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.520	−0.076%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0057%	8h	61.640	+0.119%	$5.4M	$4.9M	50x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.600	+0.054%	$1.0M	$77K	10x	as long as short
Aster DRAMUSDT	+0.0089%	8h	61.572	+0.008%	$201K	$33K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.532	−0.056%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.560	−0.011%	$3.0M	$484K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.580	+0.021%	$22K	$181K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.600	+0.054%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.610	+0.070%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0107%	8h	61.590	+0.038%	$25.9M	$12.6M	20x	as long as short
Variational Omni DRAM	+0.0160%	8h	61.583	+0.026%	$2.4M	$999K	—	as long as short
Paradex DRAM-USD-PERP	+0.0160%	8h	61.594	+0.045%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0161%	8h	61.635	+0.111%	$9.1M	$10.2M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0163%	1h	61.581	+0.023%	$79.0M	$39.7M	20x	as long as short
GRVT DRAM_USDT_Perpshort	+0.0168%	8h	61.590	+0.038%	$36K	$192K	10x
Entropy io:DRAM	+0.0193%	1h	61.553	−0.023%	$249K	$503K	25x	as long as short
MEXC DRAM_USDT	+0.0222%	8h	61.600	+0.054%	$11.1M	$6.4M	100x	as long as short
BloFin DRAM-USDT	+0.0223%	8h	61.590	+0.038%	$295K	$26K	20x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.593	+0.043%	$102K	$741K	10x	as long as short
Binance DRAMUSDT	+0.0224%	8h	61.610	+0.071%	$43.7M	$82.6M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.092%	$510K	$43K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0237%	1h	61.600	+0.054%	$13K	$9K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.608	+0.067%	$991K	$1.2M	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.603	+0.059%	$474K	$439K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.590	+0.038%	$50K	$96K	10x	as long as short