DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.013%

Price spread now: KuCoin against GRVT−0.128%53s7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$820.825% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.128%, 7d avg −0.045%

Together, before fees+0.188%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.083% cheaper against GRVT than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.045%). If the spread goes back, that is −$8 on $10k: about 2.8 days of funding at the current rate (+$3 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT DRAM_USDT_Perp	61.959	0	get 0.0000% / 8h	3h 26m	$36K	$186K	10x
Short	KuCoin DRAMUSDTM	61.880	0.0100	get 0.0100% / 8h	3h 26m	$3.0M	$397K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.128%Rate

Funding earned: $21
Price spread: −0.128% → −0.045%: −$8.27
Slippage, 4 orders: −$61.5
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$69.76
Costs to cover: 0.825%
Break-even: 30.3 days

Slippage from GRVT: live order book, 21 min ago; KuCoin: live order book, 6 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, 21 min ago	1.61 bp	13.2 bp −$13	23.2 bp −$232	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	0.81 bp	25.4 bp −$25	doesn't fit	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
RISEx DRAM/USDC	0.0000%	1h	61.890	−0.112%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.910	−0.080%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perplong	0.0000%	8h	61.959	long leg	$36K	$186K	10x
SunX DRAM-USDT	0.0000%	8h	61.950	−0.015%	$768	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.980	+0.033%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.930	−0.047%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0022%	1h	61.918	−0.067%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.950	−0.015%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.920	−0.064%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.930	−0.047%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.889	−0.114%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.907	−0.084%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.930	−0.047%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.820	−0.225%	$1.1M	$2.4M	10x	as long as short
edgeX DRAMUSDC	+0.0056%	4h	61.959	−0.001%	$150K	$297K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0064%	8h	61.910	−0.080%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0086%	8h	61.910	−0.080%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.894	−0.105%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	61.880	−0.128%	$3.0M	$397K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.950	−0.015%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.920	−0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.930	−0.047%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.243%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0112%	8h	61.887	−0.117%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0135%	1h	61.872	−0.141%	$80.6M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0160%	8h	61.902	−0.093%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0184%	1h	61.894	−0.105%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0226%	8h	61.974	+0.024%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0235%	1h	61.910	−0.080%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0261%	8h	61.960	+0.001%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0278%	8h	61.890	−0.112%	$44.4M	$81.1M	50x	as long as short
MEXC DRAM_USDT	+0.0278%	8h	61.870	−0.144%	$8.2M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.872	−0.141%	$76K	$518K	10x	as long as short
Gate DRAM_USDT	+0.0458%	8h	61.940	−0.031%	$8.1M	$3.5M	75x	as long as short