DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.0% APRnext payment −$1.01 per $10,000 · paid last 24h −0.029%

Price spread now: GRVT against Binance+0.053%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$250.249% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.103%−$10 on $10k

Price spread, last 4 days (all we have)−0.195%−$19 · spread now +0.053%, 7d avg +0.016%

Together, before fees−0.297%+ Points / potential airdropGRVT: Active · farm board−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.037% dearer against Binance than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.016%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.103% in total) that is about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DRAMUSDT	61.080	0.0101	pay 0.0101% / 8h	1h 35m	$43.7M	$87.6M	50x
Short	GRVT DRAM_USDT_Perp	61.113	0	get 0.0000% / 8h	1h 35m	$36K	$201K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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 BinancebpFee GRVTbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$21.18
Price spread: +0.053% → +0.016%: $3.72
Slippage, 4 orders: −$5.93
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$42.39
Costs to cover: 0.249%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; GRVT: live order book, 2 min ago.

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 Binance live order book, 7 min ago	0.82 bp	5.8 bp −$6	8.8 bp −$88	36.7 bp −$3,675	doesn't fit
Sell GRVT live order book, 2 min ago	1.64 bp	7.2 bp −$7	18.7 bp −$187	doesn't fit	doesn't fit

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
Bitget DRAMUSDT	−0.0554%	8h	61.130	+0.082%	$26.0M	$14.6M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.106	+0.043%	$9.4M	$10.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.076	−0.007%	$423K	$362K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.130	+0.082%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perpshort	0.0000%	8h	61.113	+0.053%	$36K	$201K	10x
SunX DRAM-USDT	0.0000%	8h	61.070	−0.016%	$655	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.070	−0.016%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.050	−0.049%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.090	+0.016%	$1.7M	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0001%	8h	61.102	+0.036%	$197K	$35K	20x	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	+0.0018%	8h	61.080	0.000%	$5.4M	$5.9M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.079	−0.001%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.080	0.000%	$995K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.060	−0.033%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.070	−0.016%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.072	−0.013%	$168K	$470K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.054	−0.043%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.085	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.060	−0.033%	$1.0M	$3.5M	10x	as long as short
Variational Omni DRAM	+0.0055%	8h	61.064	−0.026%	$2.3M	$682K	—	as long as short
tradeXYZ xyz:DRAM	+0.0070%	1h	61.060	−0.033%	$79.1M	$35.9M	20x	as long as short
BloFin DRAM-USDT	+0.0076%	8h	61.090	+0.016%	$300K	$26K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0095%	8h	61.085	+0.008%	—	—	5x	as long as short
edgeX DRAMUSDC	+0.0097%	4h	61.080	−0.001%	$148K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.094	+0.022%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.070	−0.016%	$3.0M	$416K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.110	+0.049%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.070	−0.016%	$8K	—	10x	as long as short
Binance DRAMUSDTlong	+0.0101%	8h	61.080	long leg	$43.7M	$87.6M	50x
Extended DRAM-USD	+0.0104%	1h	61.066	−0.024%	$74K	$193K	10x	as long as short
MEXC DRAM_USDT	+0.0104%	8h	61.070	−0.016%	$8.0M	$5.6M	100x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.067	−0.021%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	61.104	+0.039%	$1.1M	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.049%	$525K	$75K	20x	as long as short