Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.028%
Price spread now: Ondo Perps against GRVT−0.204%53s7-day average −0.122% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.204%, 7d avg −0.122%
=Together, before fees+0.143%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.082% cheaper against GRVT than usual: you would sell low and buy high (spread −0.204% now, against its 7-day average of −0.122%). If the spread goes back, that is −$8 on $10k: about 5.4 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.043% in total) that is about 14 days. 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 | 61.235 | 0 | get 0.0000% / 8h | 2h 14m | $36K | $195K | 10x |
| Short | Ondo Perps DRAM-USD.P | 61.110 | 0.0050 | get 0.0006% / 1h | 14m 12s | $1.1M | $3.3M | 10x |
GRVT DRAM_USDT_Perp
Ondo Perps DRAM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: −0.204% → −0.122%
- −$8.23
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$11.64
- Costs to cover
- 0.140%
- Break-even
- 14.7 days
Slippage unknown: GRVT: live order book, 29 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 29 min ago | 3.26 bp | 7.8 bp −$8 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0525% | 8h | 61.290 | +0.090% | $25.9M | $14.1M | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.207 | −0.045% | $424K | $507K | 20x | as long as short |
| GRVT DRAM_USDT_Perplong | 0.0000% | 8h | 61.235 | long leg | $36K | $195K | 10x | |
| SunX DRAM-USDT | 0.0000% | 8h | 61.240 | +0.009% | $880 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.140 | −0.155% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.290 | +0.090% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDT | +0.0007% | 8h | 61.285 | +0.082% | $9.4M | $10.2M | 100x | as long as short |
| Gate DRAM_USDT | +0.0014% | 8h | 61.290 | +0.090% | $8.0M | $3.7M | 75x | as long as short |
| Aftermath Perps DRAMUSD | +0.0027% | 1h | 61.167 | −0.110% | $1K | $31K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.140 | −0.155% | $48K | $69K | 10x | as long as short |
Bitget DRAMUSDT
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Bybit DRAMUSDT
Gate DRAM_USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0042% | 8h | 61.280 | +0.074% | $5.4M | $5.6M | 50x | as long as short |
| edgeX DRAMUSDC | +0.0042% | 4h | 61.185 | −0.082% | $148K | $299K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.170 | −0.106% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 61.200 | −0.057% | $997K | $84K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.188 | −0.076% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.189 | −0.075% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 61.110 | −0.204% | $1.1M | $3.3M | 10x | |
| Aster DRAMUSDT | +0.0060% | 8h | 61.236 | +0.001% | $197K | $35K | 20x | as long as short |
| Entropy io:DRAM | +0.0071% | 1h | 61.130 | −0.171% | $169K | $470K | 25x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.166 | −0.112% | $73K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.190 | −0.073% | $3.0M | $409K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.100 | −0.220% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.220 | −0.024% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.210 | −0.041% | $4K | — | 10x | as long as short |
| Variational Omni DRAM | +0.0106% | 8h | 61.115 | −0.196% | $2.3M | $670K | — | as long as short |
| Paradex DRAM-USD-PERP | +0.0110% | 8h | 61.183 | −0.085% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0142% | 1h | 61.236 | +0.002% | $79.3M | $36.1M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0151% | 8h | 61.150 | −0.138% | $300K | $26K | 20x | as long as short |
| Binance DRAMUSDT | +0.0167% | 8h | 61.262 | +0.045% | $43.8M | $86.4M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0167% | 8h | 61.270 | +0.058% | $8.1M | $5.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0168% | 1h | 61.234 | −0.002% | $76K | $188K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.110 | −0.204% | $525K | $75K | 20x | as long as short |
| Lighter DRAM | +0.0240% | 1h | 61.254 | +0.031% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0567% | 1h | 61.240 | +0.009% | $13K | $3K | 20x | as long as short |
OKX DRAM-USDT-SWAP
edgeX DRAMUSDC
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Aster DRAMUSDT
Entropy io:DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Variational Omni DRAM
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL