Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%

Price spread now: RISEx against GRVT−0.181%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

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

Long on GRVT Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.062%+$6 on $10k

Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.181%, 7d avg −0.006%

Together, before fees+0.245%+ Points / potential airdropGRVT: Active · farm board+$24 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: RISEx is 0.176% cheaper against GRVT than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT DRAM_USDT_Perp	62.199	0	get 0.0000% / 8h	3h 49m	$37K	$179K	10x
Short	RISEx DRAM/USDC	62.087	0	get 0.0000% / 1h	49m 10s	$438K	$501K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.181%Rate

Funding earned: $0
Price spread: −0.181% → −0.006%: −$17.57
Slippage, 4 orders: −$6.86
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$39.43
Costs to cover: 0.219%
Break-even: never at this rate

Slippage from GRVT: live order book, 64 min ago; RISEx: live order book, 4 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, 64 min ago	2.40 bp	6.9 bp −$7	16.0 bp −$160	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	0.64 bp	3.6 bp −$4	5.3 bp −$53	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/USDCshort	0.0000%	1h	62.087	−0.181%	$438K	$501K	20x
Bitget DRAMUSDT	0.0000%	8h	62.100	−0.160%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perplong	0.0000%	8h	62.199	long leg	$37K	$179K	10x
SunX DRAM-USDT	0.0000%	8h	62.080	−0.192%	$741	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.180	−0.031%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.060	−0.224%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.137	−0.100%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.070	−0.208%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.120	−0.128%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.060	−0.224%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	62.068	−0.211%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.071	−0.207%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.040	−0.256%	$1.1M	$2.3M	10x	as long as short
Entropy io:DRAM	+0.0054%	1h	62.111	−0.142%	$159K	$451K	25x	as long as short
OKX DRAM-USDT-SWAP	+0.0071%	8h	62.080	−0.192%	$5.4M	$4.5M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0072%	1h	62.080	−0.192%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0076%	8h	62.089	−0.178%	—	—	5x	as long as short
Lighter DRAM	+0.0080%	1h	62.070	−0.208%	$1.0M	$1.2M	20x	as long as short
edgeX DRAMUSDC	+0.0095%	4h	62.186	−0.022%	$151K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.097	−0.165%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.070	−0.208%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.230	+0.049%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.110	−0.144%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.090	−0.176%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	−0.144%	$533K	$75K	20x	as long as short
Bybit DRAMUSDT	+0.0108%	8h	62.099	−0.161%	$9.7M	$9.7M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0122%	1h	62.065	−0.216%	$81.3M	$35.4M	20x	as long as short
Aster DRAMUSDT	+0.0193%	8h	62.104	−0.154%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	62.144	−0.089%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDT	+0.0287%	8h	62.090	−0.176%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0310%	8h	62.060	−0.224%	$44.5M	$80.4M	50x	as long as short
MEXC DRAM_USDT	+0.0311%	8h	62.050	−0.240%	$8.2M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0312%	1h	62.065	−0.216%	$76K	$662K	10x	as long as short
Gate DRAM_USDT	+0.0578%	8h	62.120	−0.128%	$8.1M	$3.5M	75x	as long as short