Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.43 per $10,000 · paid last 24h −0.024%
Price spread now: GRVT against Gate−0.114%111s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$560.557% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.114%, 7d avg +0.013%
=Together, before fees+0.191%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.127% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 111 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 | Gate DRAM_USDT | 61.220 | 0.0043 | pay 0.0043% / 8h | 2h 21m | $8.0M | $3.7M | 75x |
| Short | GRVT DRAM_USDT_Perp | 61.150 | 0 | get 0.0000% / 8h | 2h 21m | $36K | $193K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.03
- Price spread: −0.114% → +0.013%
- −$12.71
- Slippage, 4 orders
- −$31.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$77.45
- Costs to cover
- 0.557%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; GRVT: live order book, 21 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 Gate live order book, 2 min ago | 1.63 bp | 15.9 bp −$16 | 29.6 bp −$296 | 83.0 bp −$8,301 | doesn't fit |
| Sell GRVT live order book, 21 min ago | 3.26 bp | 8.7 bp −$9 | 15.0 bp −$150 | 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 | −0.0478% | 8h | 61.190 | −0.049% | $25.9M | $14.1M | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.150 | −0.114% | $424K | $507K | 20x | as long as short |
| GRVT DRAM_USDT_Perpshort | 0.0000% | 8h | 61.150 | −0.114% | $36K | $193K | 10x | |
| SunX DRAM-USDT | 0.0000% | 8h | 61.140 | −0.131% | $929 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.140 | −0.131% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.190 | −0.049% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDT | +0.0003% | 8h | 61.193 | −0.044% | $9.4M | $10.2M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0025% | 1h | 61.101 | −0.194% | $1K | $31K | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0039% | 8h | 61.170 | −0.082% | $5.4M | $5.6M | 50x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.100 | −0.196% | $48K | $75K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DRAM_USDTlong | +0.0043% | 8h | 61.220 | long leg | $8.0M | $3.7M | 75x | |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.110 | −0.180% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 61.110 | −0.180% | $995K | $84K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.109 | −0.181% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.143 | −0.126% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.090 | −0.212% | $1.1M | $3.2M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0055% | 4h | 60.942 | −0.455% | $148K | $297K | 20x | as long as short |
| Entropy io:DRAM | +0.0065% | 1h | 61.117 | −0.168% | $168K | $469K | 25x | as long as short |
| Aster DRAMUSDT | +0.0066% | 8h | 61.229 | +0.015% | $197K | $35K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.149 | −0.117% | $73K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.150 | −0.114% | $3.0M | $407K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.990 | −0.376% | $21K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.130 | −0.147% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.141 | −0.130% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0105% | 8h | 61.161 | −0.096% | — | — | 5x | as long as short |
| Variational Omni DRAM | +0.0113% | 8h | 61.095 | −0.204% | $2.3M | $676K | — | as long as short |
| tradeXYZ xyz:DRAM | +0.0135% | 1h | 61.153 | −0.109% | $79.3M | $35.9M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0150% | 8h | 61.230 | +0.016% | $302K | $26K | 20x | as long as short |
| MEXC DRAM_USDT | +0.0172% | 8h | 61.170 | −0.082% | $8.0M | $5.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0173% | 8h | 61.160 | −0.098% | $43.7M | $85.9M | 50x | as long as short |
| Extended DRAM-USD | +0.0176% | 1h | 61.153 | −0.110% | $76K | $188K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.110 | −0.180% | $525K | $75K | 20x | as long as short |
| Lighter DRAM | +0.0232% | 1h | 61.179 | −0.067% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0241% | 1h | 61.140 | −0.131% | $13K | $3K | 20x | as long as short |
Gate DRAM_USDT
GRVT DRAM_USDT_Perp
Bitget DRAMUSDT
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
OKX DRAM-USDT-SWAP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Aster DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
Variational Omni DRAM
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL