Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0021%/8h= +2.2% APRpaid last 24h −0.018%

Price spread now: Aftermath Perps against GRVT−0.074%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Aftermath Perps is 0.074% cheaper against GRVT than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 12 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT DRAM_USDT_Perp	62.320	0	get 0.0000% / 8h	3h 59m	$36K	$177K	10x
Short	Aftermath Perps DRAMUSD	62.273	0.0021	get 0.0003% / 1h	59m 14s	$1K	$32K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.074%Rate

Funding earned: $4.31
Price spread: −0.074% → 0.000%: −$7.45
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$21.14
Costs to cover: 0.180%
Break-even: 41.3 days

Slippage unknown: GRVT: live order book, 54 min ago; Aftermath Perps: 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, 54 min ago	2.40 bp	6.9 bp −$7	16.0 bp −$160	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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
RISEx DRAM/USDC	0.0000%	1h	62.220	−0.160%	$439K	$502K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.230	−0.144%	$26.1M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perplong	0.0000%	8h	62.320	long leg	$36K	$177K	10x
SunX DRAM-USDT	0.0000%	8h	62.240	−0.128%	$616	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.230	−0.144%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.250	−0.112%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSDshort	+0.0021%	1h	62.273	−0.074%	$1K	$32K	5x
edgeX DRAMUSDC	+0.0022%	4h	62.279	−0.065%	$151K	$299K	20x	as long as short
Lighter DRAM	+0.0032%	1h	62.229	−0.146%	$1.0M	$1.1M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.250	−0.112%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	62.190	−0.208%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.247	−0.117%	$173K	$447K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.205	−0.184%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.221	−0.158%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.160	−0.256%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.220	−0.160%	$1.0M	$78K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0078%	8h	62.214	−0.170%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0080%	8h	62.230	−0.144%	$5.5M	$4.5M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	62.222	−0.157%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.210	−0.176%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.310	−0.016%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.240	−0.128%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.239	−0.130%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.330	+0.016%	$535K	$75K	20x	as long as short
Bybit DRAMUSDT	+0.0113%	8h	62.268	−0.083%	$9.7M	$9.7M	100x	as long as short
Aster DRAMUSDT	+0.0219%	8h	62.232	−0.141%	$200K	$35K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.230	−0.144%	$13K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0245%	1h	62.201	−0.191%	$81.5M	$35.5M	20x	as long as short
Variational Omni DRAM	+0.0290%	8h	62.284	−0.057%	$2.4M	$747K	—	as long as short
Binance DRAMUSDT	+0.0333%	8h	62.236	−0.135%	$44.7M	$80.1M	50x	as long as short
BloFin DRAM-USDT	+0.0335%	8h	62.280	−0.064%	$302K	$26K	20x	as long as short
Extended DRAM-USD	+0.0336%	1h	62.215	−0.167%	$76K	$622K	10x	as long as short
MEXC DRAM_USDT	+0.0337%	8h	62.230	−0.144%	$8.3M	$5.5M	100x	as long as short
Gate DRAM_USDT	+0.0619%	8h	62.260	−0.096%	$8.2M	$3.5M	75x	as long as short