Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h +0.008%

Price spread now: Aevo against GRVT+0.077%7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Aevo is 0.077% dearer against GRVT than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT DRAM_USDT_Perp	61.910	0.0159	pay 0.0159% / 8h	50m 40s	$36K	$178K	10x
Short	Aevo DRAM-PERP	61.958	0.0104	get 0.0013% / 1h	50m 40s	$4K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GRVT. 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 GRVTbpFee AevobpOrdersPrice spread, now +0.077%Rate

Funding earned: −$11.55
Price spread: +0.077% → 0.000%: $7.72
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$28.83
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 26 min ago; Aevo: no order-book sample. 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 GRVT live order book, 26 min ago	1.62 bp	9.4 bp −$9	17.1 bp −$171	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	61.940	+0.048%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.950	+0.065%	$766	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.900	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.890	−0.032%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.872	−0.061%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.920	+0.016%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.920	+0.016%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.945	+0.057%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.016%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0053%	4h	61.904	−0.010%	$153K	$289K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit DRAM_USDC-PERPETUAL	+0.0073%	1h	61.910	0.000%	$13K	$9K	20x	as long as short
QFEX DRAM-USD	+0.0079%	1h	61.930	+0.032%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.948	+0.061%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.870	−0.065%	$3.0M	$474K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.970	+0.097%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.930	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERPshort	+0.0104%	1h	61.958	+0.077%	$4K	—	10x
OKX DRAM-USDT-SWAP	+0.0134%	8h	61.940	+0.048%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0137%	8h	61.940	+0.048%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0147%	8h	61.881	−0.047%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perplong	+0.0159%	8h	61.910	long leg	$36K	$178K	10x
Paradex DRAM-USD-PERP	+0.0170%	8h	61.927	+0.028%	—	—	5x	as long as short
Entropy io:DRAM	+0.0186%	1h	61.890	−0.032%	$258K	$501K	25x	as long as short
Lighter DRAM	+0.0192%	1h	61.944	+0.055%	$977K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.533%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0218%	8h	61.867	−0.070%	$2.4M	$949K	—	as long as short
Bybit DRAMUSDT	+0.0268%	8h	61.986	+0.123%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0277%	8h	61.940	+0.048%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.928	+0.029%	$77K	$766K	10x	as long as short
Binance DRAMUSDT	+0.0282%	8h	61.940	+0.048%	$43.9M	$82.3M	50x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.940	+0.048%	$457K	$475K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0301%	1h	61.933	+0.037%	$80.3M	$39.8M	20x	as long as short
BloFin DRAM-USDT	+0.0539%	8h	61.940	+0.048%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.920	+0.016%	$50K	$89K	10x	as long as short