Funding you earn now, next payment 09:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h +0.021%
Price spread now: Extended against GRVT+0.190%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2as in the Price arb table
costs, in and out, $10k−$210.210% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.190%, 7d avg −0.044%
=Together, before fees−0.138%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.234% dearer against GRVT than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of −0.044%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DRAM_USDT_Perp | 60.560 | 0.0047 | pay 0.0047% / 8h | 7h 10m | $36K | $212K | 10x |
| Short | Extended DRAM-USD | 60.675 | 0 | get 0.0000% / 1h | 10m 58s | $76K | $257K | 10x |
GRVT DRAM_USDT_Perp
Extended DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$9.87
- Price spread: +0.190% → −0.044%
- $23.42
- Slippage, 4 orders
- −$6.97
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$7.41
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage from GRVT: live order book, 17 min ago; Extended: live order book, 20 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, 17 min ago | 2.49 bp | 7.0 bp −$7 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Extended live order book, 20 min ago | 0.67 bp | 3.5 bp −$3 | 7.2 bp −$72 | 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 | −0.0462% | 8h | 60.700 | +0.231% | $26.4M | $15.3M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.578 | +0.030% | $194K | $26K | 20x | as long as short |
| Extended DRAM-USDshort | 0.0000% | 1h | 60.675 | +0.190% | $76K | $257K | 10x | |
| Binance DRAMUSDT | 0.0000% | 8h | 60.700 | +0.232% | $43.8M | $92.0M | 50x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.662 | +0.169% | $416K | $337K | 20x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | 60.680 | +0.198% | $8.7M | $5.6M | 100x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.546 | −0.023% | $2.2M | $688K | — | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.700 | +0.231% | $480 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.560 | 0.000% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.690 | +0.215% | $1.7M | $1.3M | 10x | as long as short |
Bitget DRAMUSDT
Aster DRAMUSDT
Binance DRAMUSDT
RISEx DRAM/USDC
MEXC DRAM_USDT
Variational Omni DRAM
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DRAMUSDC | +0.0034% | 4h | 60.538 | −0.037% | $147K | $301K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.660 | +0.165% | $47K | $68K | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0041% | 8h | 60.720 | +0.264% | $5.4M | $6.3M | 50x | as long as short |
| Aftermath Perps DRAMUSD | +0.0042% | 1h | 60.486 | −0.122% | $1K | $29K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.570 | +0.017% | — | — | 10x | as long as short |
| GRVT DRAM_USDT_Perplong | +0.0047% | 8h | 60.560 | long leg | $36K | $212K | 10x | |
| Entropy io:DRAM | +0.0050% | 1h | 60.576 | +0.026% | $1.0M | $958K | 25x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.651 | +0.150% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.620 | +0.099% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.660 | +0.165% | $987K | $91K | 10x | as long as short |
| Gate DRAM_USDT | +0.0071% | 8h | 60.710 | +0.248% | $7.9M | $3.7M | 75x | as long as short |
| Polymarket Perps DRAM-USD | +0.0090% | 1h | 60.690 | +0.215% | $252K | $1.3M | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.626 | +0.109% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.610 | +0.083% | $3.0M | $397K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.440 | −0.198% | $21K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.660 | +0.165% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.646 | +0.142% | $4K | — | 10x | as long as short |
| BloFin DRAM-USDT | +0.0150% | 8h | 60.720 | +0.264% | $298K | $26K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0156% | 8h | 60.720 | +0.264% | $9.6M | $10.6M | 100x | as long as short |
| Paradex DRAM-USD-PERP | +0.0167% | 8h | 60.690 | +0.215% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0210% | 1h | 60.671 | +0.183% | $79.1M | $36.4M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.100 | −0.760% | $527K | $87K | 20x | as long as short |
| Lighter DRAM | +0.0320% | 1h | 60.678 | +0.195% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0410% | 1h | 60.640 | +0.132% | $12K | $3K | 20x | as long as short |
edgeX DRAMUSDC
Arcus DRAM-USD
OKX DRAM-USDT-SWAP
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
Entropy io:DRAM
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Gate DRAM_USDT
Polymarket Perps DRAM-USD
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
BloFin DRAM-USDT
Bybit DRAMUSDT
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL