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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0296%/8h= −32.4% APRnext payment $2.96 per $10,000 · paid last 24h −0.058%
Price spread now: GRVT against BloFin+0.015%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.102%−$10 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.015%, 7d avg +0.001%
Together, before fees−0.128%+ Points / potential airdropGRVT: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.102% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DRAM-USDT62.1900.0296pay 0.0296% / 8h3h 50m$301K$26K20x
ShortGRVT DRAM_USDT_Perp62.1990get 0.0000% / 8h3h 50m$37K$179K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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
−$62.18
Price spread: +0.015% → +0.001%
$1.44
Slippage, 4 orders
−$12.34
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$94.08
Costs to cover
0.333%
Break-even
never at this rate
Slippage from BloFin: live order book, 44 min ago; GRVT: live order book, 63 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 BloFin live order book, 44 min ago1.60 bp10.1 bp −$1012.1 bp −$12134.8 bp −$3,478doesn't fit
Sell GRVT live order book, 63 min ago2.40 bp7.7 bp −$819.5 bp −$195doesn'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
RISEx DRAM/USDC0.0000%1h62.109−0.130%$438K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h62.130−0.096%$26.0M$13.4M20xas long as short
GRVT DRAM_USDT_Perpshort0.0000%8h62.199+0.015%$37K$179K10x
SunX DRAM-USDT0.0000%8h62.120−0.113%$1K$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h62.180−0.016%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.130−0.096%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0021%1h62.155−0.056%$1K$32K5xas long as short
QFEX DRAM-USD+0.0036%1h62.100−0.145%$1.0M$78K10xas long as short
Arcus DRAM-USD+0.0040%1h62.140−0.080%$48K$77K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.090−0.161%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DRAM-USD+0.0050%1h62.088−0.164%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.125−0.105%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.050−0.225%$1.1M$2.3M10xas long as short
Entropy io:DRAM+0.0052%1h62.131−0.095%$159K$451K25xas long as short
OKX DRAM-USDT-SWAP+0.0072%8h62.130−0.096%$5.4M$4.5M50xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0072%1h62.100−0.145%$13K$3K20xas long as short
Paradex DRAM-USD-PERP+0.0077%8h62.100−0.145%5xas long as short
Lighter DRAM+0.0080%1h62.124−0.106%$1.0M$1.1M20xas long as short
edgeX DRAMUSDC+0.0095%4h62.186−0.007%$151K$298K20xas long as short
Pacifica DRAM+0.0100%1h62.117−0.117%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.090−0.161%$3.0M$394K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.230+0.064%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.120−0.113%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.120−0.113%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0104%1h62.110−0.129%$533K$75K20xas long as short
Bybit DRAMUSDT+0.0109%8h62.140−0.080%$9.7M$9.7M100xas long as short
tradeXYZ xyz:DRAM+0.0128%1h62.100−0.145%$81.3M$35.4M20xas long as short
Aster DRAMUSDT+0.0196%8h62.120−0.112%$200K$35K20xas long as short
Variational Omni DRAM+0.0261%8h62.144−0.074%$2.4M$748Kas long as short
BloFin DRAM-USDTlong+0.0296%8h62.190long leg$301K$26K20x
Binance DRAMUSDT+0.0311%8h62.109−0.131%$44.6M$80.4M50xas long as short
Extended DRAM-USD+0.0312%1h62.090−0.161%$76K$622K10xas long as short
MEXC DRAM_USDT+0.0313%8h62.100−0.145%$8.2M$5.5M100xas long as short
Gate DRAM_USDT+0.0584%8h62.150−0.064%$8.1M$3.5M75xas long as short