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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.016%
Price spread now: GRVT against Bitget+0.001%83s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.306% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.001%, 7d avg −0.014%
Together, before fees−0.033%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT61.7300.0097pay 0.0097% / 8h1h 42m$26.0M$12.5M20x
ShortGRVT DRAM_USDT_Perp61.7310.0133get 0.0133% / 8h1h 42m$35K$189K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bitget. 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
$7.56
Price spread: +0.001% → −0.014%
$1.45
Slippage, 4 orders
−$9.59
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$21.58
Costs to cover
0.306%
Break-even
27.0 days
Slippage from Bitget: live order book, 2 min ago; GRVT: live order book, 40 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago0.81 bp8.4 bp −$816.9 bp −$16923.2 bp −$2,32254.2 bp −$27.1K
Sell GRVT live order book, 40 min ago1.62 bp8.1 bp −$818.1 bp −$181doesn't fitdoesn't fit

DRAM on 34 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
Gate DRAM_USDT0.0000%8h61.7300.000%$8.2M$3.5M75xas long as short
SunX DRAM-USDT0.0000%8h61.710−0.032%$776$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.720−0.016%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.7300.000%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0036%1h61.719−0.018%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.660−0.113%$79710xas long as short
Entropy io:DRAM+0.0050%1h61.690−0.065%$254K$506K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.711−0.031%$204K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.725−0.008%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.670−0.097%$1.2M$1.7M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0052%1h61.710−0.032%$1.0M$77K10xas long as short
edgeX DRAMUSDC+0.0088%4h61.725−0.009%$153K$290K20xas long as short
Aster DRAMUSDT+0.0093%8h61.729−0.001%$198K$36K20xas long as short
OKX DRAM-USDT-SWAP+0.0093%8h61.720−0.016%$5.4M$4.6M50xas long as short
Bitget DRAMUSDTlong+0.0097%8h61.730long leg$26.0M$12.5M20x
Pacifica DRAM+0.0100%1h61.726−0.007%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.720−0.016%$3.0M$475K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.670−0.097%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.720−0.016%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.722−0.012%$4K10xas long as short
GRVT DRAM_USDT_Perpshort+0.0133%8h61.731+0.001%$35K$189K10x
Paradex DRAM-USD-PERP+0.0156%8h61.712−0.028%5xas long as short
Variational Omni DRAM+0.0173%8h61.699−0.050%$2.4M$967Kas long as short
Bybit DRAMUSDT+0.0187%8h61.770+0.065%$9.3M$10.3M100xas long as short
Coinbase International DRAM-PERP-INTX+0.0208%1h61.580−0.243%$510K$44K20xas long as short
Extended DRAM-USD+0.0224%1h61.712−0.029%$102K$741K10xas long as short
MEXC DRAM_USDT+0.0224%8h61.720−0.016%$11.1M$6.4M100xas long as short
Binance DRAMUSDT+0.0225%8h61.727−0.005%$43.7M$82.5M50xas long as short
RISEx DRAM/USDC+0.0257%1h61.720−0.016%$480K$442K20xas long as short
Lighter DRAM+0.0328%1h61.721−0.015%$992K$1.2M20xas long as short
tradeXYZ xyz:DRAM+0.0334%1h61.708−0.036%$79.3M$39.9M20xas long as short
BloFin DRAM-USDT+0.0349%8h61.750+0.032%$294K$27K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0561%1h61.710−0.032%$13K$9K20xas long as short
Arcus DRAM-USD+0.0649%1h61.710−0.032%$50K$92K10xas long as short