Funding you earn now, next payment 16:00 UTC+0.0377%/8h= +41.2% APRnext payment +$3.77 per $10,000 · paid last 24h +0.048%
Price spread now: BloFin against GRVT0.000%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.331% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now 0.000%, 7d avg +0.001%
=Together, before fees+0.113%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.102% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.77 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DRAM_USDT_Perp | 61.240 | 0.0297 | pay 0.0297% / 8h | 4h 50m | $36K | $230K | 10x |
| Short | BloFin DRAM-USDT | 61.240 | 0.0674 | get 0.0674% / 8h | 4h 50m | $307K | $27K | 20x |
GRVT DRAM_USDT_Perp
BloFin DRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $79.1
- Price spread: 0.000% → +0.001%
- −$0.14
- Slippage, 4 orders
- −$12.07
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $45.89
- Costs to cover
- 0.331%
- Break-even
- 2.9 days
Slippage from GRVT: live order book, 54 min ago; BloFin: live order book, 49 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, 54 min ago | 1.63 bp | 11.0 bp −$11 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 49 min ago | 0.81 bp | 8.3 bp −$8 | 11.2 bp −$112 | 50.1 bp −$5,009 | doesn't fit |
DRAM on 34 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DRAMUSDT | 0.0000% | 8h | 61.158 | −0.134% | $9.5M | $11.2M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.204 | −0.059% | $460K | $367K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.150 | −0.147% | $26.7M | $17.0M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.220 | −0.033% | $777 | $2.3M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.210 | −0.049% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.210 | −0.049% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0028% | 1h | 61.201 | −0.063% | $1K | $26K | 5x | as long as short |
| QFEX DRAM-USD | +0.0032% | 1h | 61.170 | −0.114% | $1.0M | $98K | 10x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 61.172 | −0.111% | $1.1M | $1.4M | 20x | as long as short |
| Gate DRAM_USDT | +0.0032% | 8h | 61.230 | −0.016% | $7.9M | $3.4M | 75x | as long as short |
Bybit DRAMUSDT
RISEx DRAM/USDC
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
QFEX DRAM-USD
Lighter DRAM
Gate DRAM_USDTShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DRAM-USD | +0.0040% | 1h | 61.160 | −0.131% | $59K | $80K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0046% | 4h | 61.218 | −0.036% | $149K | $299K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.120 | −0.196% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.144 | −0.157% | $300K | $1.7M | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.195 | −0.073% | $255K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.203 | −0.060% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.150 | −0.147% | $1.1M | $3.7M | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.201 | −0.064% | $75K | $31K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.190 | −0.082% | $3.0M | $409K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.190 | −0.082% | $21K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.170 | −0.114% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0103% | 8h | 61.185 | −0.090% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.151 | −0.146% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0124% | 1h | 61.195 | −0.073% | $79.3M | $38.4M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0169% | 8h | 61.150 | −0.147% | $5.5M | $6.4M | 50x | as long as short |
| Aster DRAMUSDT | +0.0175% | 8h | 61.208 | −0.052% | $195K | $28K | 20x | as long as short |
| Variational Omni DRAM | +0.0214% | 8h | 61.209 | −0.051% | $2.2M | $686K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0216% | 1h | 61.140 | −0.163% | $536K | $91K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0241% | 1h | 61.190 | −0.082% | $12K | $4K | 20x | as long as short |
| Binance DRAMUSDT | +0.0268% | 8h | 61.206 | −0.055% | $44.2M | $98.0M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0270% | 8h | 61.190 | −0.082% | $9.7M | $5.5M | 100x | as long as short |
| Extended DRAM-USD | +0.0272% | 1h | 61.179 | −0.099% | $98K | $470K | 10x | as long as short |
| GRVT DRAM_USDT_Perplong | +0.0297% | 8h | 61.240 | long leg | $36K | $230K | 10x | |
| BloFin DRAM-USDTshort | +0.0674% | 8h | 61.240 | 0.000% | $307K | $27K | 20x |
Arcus DRAM-USD
edgeX DRAMUSDC
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Paradex DRAM-USD-PERP
Aevo DRAM-PERP
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
Deribit DRAM_USDC-PERPETUAL
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD