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+0.0050%/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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT DRAM_USDT_Perp61.4600get 0.0000% / 8h1h 59m$36K$197K10x
ShortAster DRAMUSDT61.4250.0050get 0.0050% / 8h1h 59m$198K$35K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 43 min ago3.26 bp7.8 bp −$815.4 bp −$154doesn't fitdoesn't fit
Sell Aster live order book, 47 min ago3.24 bp10.1 bp −$1011.2 bp −$112doesn'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
Bitget DRAMUSDT−0.0438%8h61.420−0.065%$26.1M$14.5M20xas long as short
RISEx DRAM/USDC0.0000%1h61.403−0.093%$425K$506K20xas long as short
Gate DRAM_USDT0.0000%8h61.470+0.016%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perplong0.0000%8h61.460long leg$36K$197K10x
SunX DRAM-USDT0.0000%8h61.470+0.016%$704$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.420−0.065%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.470+0.016%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0007%8h61.437−0.037%$9.4M$10.2M100xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.401−0.096%$1K$31K5xas long as short
edgeX DRAMUSDC+0.0039%4h61.431−0.047%$149K$299K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DRAM-USD+0.0040%1h61.400−0.098%$48K$69K10xas long as short
OKX DRAM-USDT-SWAP+0.0044%8h61.420−0.065%$5.5M$5.7M50xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.440−0.033%10xas long as short
QFEX DRAM-USD+0.0050%1h61.410−0.081%$1.0M$84K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.443−0.028%$255K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.475+0.024%$2K$15K20xas long as short
Aster DRAMUSDTshort+0.0050%8h61.425−0.058%$198K$35K20x
Ondo Perps DRAM-USD.P+0.0050%1h61.400−0.098%$1.1M$3.4M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0076%1h61.470+0.016%$13K$3K20xas long as short
Entropy io:DRAM+0.0078%1h61.377−0.135%$169K$470K25xas long as short
Variational Omni DRAM+0.0097%8h61.464+0.006%$2.3M$669Kas long as short
Pacifica DRAM+0.0100%1h61.366−0.154%$74K$46K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.380−0.130%$3.0M$412K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.490+0.049%$21K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.470+0.016%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.464+0.006%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0114%8h61.396−0.104%5xas long as short
Binance DRAMUSDT+0.0156%8h61.403−0.093%$44.0M$87.0M50xas long as short
MEXC DRAM_USDT+0.0158%8h61.400−0.098%$8.1M$5.6M100xas long as short
Extended DRAM-USD+0.0160%1h61.387−0.119%$76K$188K10xas long as short
BloFin DRAM-USDT+0.0179%8h61.470+0.016%$300K$26K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.110−0.569%$525K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0245%1h61.387−0.119%$79.5M$36.1M20xas long as short
Lighter DRAM+0.0248%1h61.426−0.055%$1.1M$1.1M20xas long as short