Funding you earn now, next payment 16:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.011%
Price spread now: OKX against GRVT−0.099%91s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as 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−$290.294% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.099%, 7d avg −0.008%
=Together, before fees+0.066%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.091% cheaper against GRVT than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 91 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 | 60.640 | 0 | get 0.0000% / 8h | 7h 46m | $35K | $209K | 10x |
| Short | OKX DRAM-USDT-SWAP | 60.580 | 0.0003 | get 0.0003% / 8h | 7h 46m | $5.4M | $6.1M | 50x |
GRVT DRAM_USDT_Perp
OKX DRAM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0.57
- Price spread: −0.099% → −0.008%
- −$9.08
- Slippage, 4 orders
- −$10.35
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$37.86
- Costs to cover
- 0.294%
- Break-even
- 475.0 days
Slippage from GRVT: live order book, 47 min ago; OKX: live order book, 2 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, 47 min ago | 2.46 bp | 7.0 bp −$7 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.82 bp | 8.0 bp −$8 | 14.8 bp −$148 | 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 | −0.0704% | 8h | 60.580 | −0.099% | $26.4M | $15.1M | 20x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.586 | −0.089% | $194K | $39K | 20x | as long as short |
| Extended DRAM-USD | 0.0000% | 1h | 60.549 | −0.150% | $76K | $222K | 10x | as long as short |
| Binance DRAMUSDT | 0.0000% | 8h | 60.562 | −0.128% | $43.6M | $89.6M | 50x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.580 | −0.099% | $9.6M | $10.4M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.561 | −0.130% | $417K | $339K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.580 | −0.099% | $7.9M | $3.6M | 75x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | 60.550 | −0.148% | $8.4M | $5.4M | 100x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.635 | −0.008% | $2.3M | $584K | — | as long as short |
| GRVT DRAM_USDT_Perplong | 0.0000% | 8h | 60.640 | long leg | $35K | $209K | 10x |
Bitget DRAMUSDT
Aster DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
MEXC DRAM_USDT
Variational Omni DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 60.550 | −0.148% | $704 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.560 | −0.132% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.560 | −0.132% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAPshort | +0.0003% | 8h | 60.580 | −0.099% | $5.4M | $6.1M | 50x | |
| BloFin DRAM-USDT | +0.0005% | 8h | 60.620 | −0.033% | $298K | $25K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0038% | 1h | 60.568 | −0.119% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.550 | −0.148% | $47K | $67K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.540 | −0.165% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.550 | −0.148% | $177K | $471K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.492 | −0.244% | $251K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.560 | −0.132% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.500 | −0.231% | $1.0M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.570 | −0.115% | $986K | $84K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0065% | 4h | 60.608 | −0.052% | $147K | $299K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0095% | 8h | 60.541 | −0.163% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0097% | 1h | 60.539 | −0.167% | $78.2M | $35.0M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.514 | −0.207% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.540 | −0.165% | $3.0M | $403K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.600 | −0.066% | $21K | $182K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.570 | −0.115% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.559 | −0.134% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0240% | 1h | 60.555 | −0.140% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0246% | 1h | 60.550 | −0.148% | $12K | $3K | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.590 | −0.082% | $532K | $86K | 20x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
BloFin DRAM-USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
Entropy io:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
edgeX DRAMUSDC
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL
Coinbase International DRAM-PERP-INTX