DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.9% APRnext payment +$2.82 per $10,000 · paid last 24h +0.029%

Price spread now: MEXC against GRVT−0.086%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$220.219% of the position

Long on GRVT Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.102%+$10 on $10k

Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.086%, 7d avg −0.012%

Together, before fees+0.161%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.074% cheaper against GRVT than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.012%). If the spread goes back, that is −$7 on $10k: about 21 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.102% in total) that is about 5.1 days.

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 +$2.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT DRAM_USDT_Perp	62.003	0	get 0.0000% / 8h	3h 29m	$36K	$186K	10x
Short	MEXC DRAM_USDT	61.950	0.0282	get 0.0282% / 8h	3h 29m	$8.2M	$5.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.086%Rate

Funding earned: $59.22
Price spread: −0.086% → −0.012%: −$7.39
Slippage, 4 orders: −$12.9
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee MEXC: 0 bp × 2 orders: $0
Net: $29.92
Costs to cover: 0.219%
Break-even: 3.5 days

Slippage from GRVT: live order book, 18 min ago; MEXC: live order book, 3 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, 18 min ago	1.61 bp	13.2 bp −$13	23.2 bp −$232	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.81 bp	0.8 bp −$1	1.3 bp −$13	6.4 bp −$641	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	61.953	−0.080%	$436K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.980	−0.037%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perplong	0.0000%	8h	62.003	long leg	$36K	$186K	10x
SunX DRAM-USDT	0.0000%	8h	62.020	+0.027%	$822	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.150%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.020	+0.027%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0018%	4h	61.970	−0.053%	$150K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0022%	1h	61.944	−0.095%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.970	−0.053%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.930	−0.118%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.930	−0.118%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.924	−0.128%	$165K	$454K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.941	−0.100%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.980	−0.037%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.920	−0.134%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0065%	8h	61.990	−0.021%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0085%	8h	61.929	−0.120%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0088%	8h	61.988	−0.024%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.967	−0.058%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.930	−0.118%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.950	−0.086%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.960	−0.070%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.969	−0.055%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.172%	$533K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0134%	1h	61.946	−0.092%	$80.7M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0165%	8h	61.951	−0.084%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0192%	1h	61.962	−0.066%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0226%	8h	61.974	−0.047%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0234%	1h	61.950	−0.086%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0260%	8h	61.960	−0.070%	$301K	$26K	20x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.932	−0.114%	$76K	$607K	10x	as long as short
Binance DRAMUSDT	+0.0281%	8h	61.952	−0.082%	$44.5M	$81.1M	50x	as long as short
MEXC DRAM_USDTshort	+0.0282%	8h	61.950	−0.086%	$8.2M	$5.6M	100x
Gate DRAM_USDT	+0.0466%	8h	61.990	−0.021%	$8.1M	$3.5M	75x	as long as short