Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against GRVT−0.058%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.058%, 7d avg −0.009%
=Together, before fees+0.046%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.049% cheaper against GRVT than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.009%). If the spread goes back, that is −$5 on $10k: about 3.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.030% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DRAM_USDT_Perp | 61.460 | 0 | get 0.0000% / 8h | 1h 59m | $36K | $197K | 10x |
| Short | Aster DRAMUSDT | 61.425 | 0.0050 | get 0.0050% / 8h | 1h 59m | $198K | $35K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GRVT. 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
- $10.57
- Price spread: −0.058% → −0.009%
- −$4.85
- Slippage, 4 orders
- −$23.05
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$34.33
- Costs to cover
- 0.400%
- Break-even
- 29.7 days
Slippage from GRVT: live order book, 43 min ago; Aster: live order book, 47 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 GRVT live order book, 43 min ago | 3.26 bp | 7.8 bp −$8 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Aster live order book, 47 min ago | 3.24 bp | 10.1 bp −$10 | 11.2 bp −$112 | 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 | −0.0438% | 8h | 61.420 | −0.065% | $26.1M | $14.5M | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.403 | −0.093% | $425K | $506K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 61.470 | +0.016% | $8.0M | $3.7M | 75x | as long as short |
| GRVT DRAM_USDT_Perplong | 0.0000% | 8h | 61.460 | long leg | $36K | $197K | 10x | |
| SunX DRAM-USDT | 0.0000% | 8h | 61.470 | +0.016% | $704 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.420 | −0.065% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.470 | +0.016% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDT | +0.0007% | 8h | 61.437 | −0.037% | $9.4M | $10.2M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0028% | 1h | 61.401 | −0.096% | $1K | $31K | 5x | as long as short |
| edgeX DRAMUSDC | +0.0039% | 4h | 61.431 | −0.047% | $149K | $299K | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DRAM-USD | +0.0040% | 1h | 61.400 | −0.098% | $48K | $69K | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0044% | 8h | 61.420 | −0.065% | $5.5M | $5.7M | 50x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.440 | −0.033% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 61.410 | −0.081% | $1.0M | $84K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.443 | −0.028% | $255K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.475 | +0.024% | $2K | $15K | 20x | as long as short |
| Aster DRAMUSDTshort | +0.0050% | 8h | 61.425 | −0.058% | $198K | $35K | 20x | |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.400 | −0.098% | $1.1M | $3.4M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0076% | 1h | 61.470 | +0.016% | $13K | $3K | 20x | as long as short |
| Entropy io:DRAM | +0.0078% | 1h | 61.377 | −0.135% | $169K | $470K | 25x | as long as short |
| Variational Omni DRAM | +0.0097% | 8h | 61.464 | +0.006% | $2.3M | $669K | — | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.366 | −0.154% | $74K | $46K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.380 | −0.130% | $3.0M | $412K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.490 | +0.049% | $21K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.470 | +0.016% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.464 | +0.006% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0114% | 8h | 61.396 | −0.104% | — | — | 5x | as long as short |
| Binance DRAMUSDT | +0.0156% | 8h | 61.403 | −0.093% | $44.0M | $87.0M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0158% | 8h | 61.400 | −0.098% | $8.1M | $5.6M | 100x | as long as short |
| Extended DRAM-USD | +0.0160% | 1h | 61.387 | −0.119% | $76K | $188K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0179% | 8h | 61.470 | +0.016% | $300K | $26K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.110 | −0.569% | $525K | $75K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0245% | 1h | 61.387 | −0.119% | $79.5M | $36.1M | 20x | as long as short |
| Lighter DRAM | +0.0248% | 1h | 61.426 | −0.055% | $1.1M | $1.1M | 20x | as long as short |
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
Bitget DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
edgeX DRAMUSDC
OKX DRAM-USDT-SWAP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Variational Omni DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
BloFin DRAM-USDT
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Lighter DRAM