Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h −0.002%

Price spread now: SoDEX against GRVT+0.136%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. SoDEX is 0.136% dearer against GRVT than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT DRAM_USDT_Perp	62.108	0.0244	pay 0.0244% / 8h	7h 55m	$37K	$164K	10x
Short	SoDEX DRAM-USD	62.193	0.0129	get 0.0016% / 1h	55m 18s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.136%Rate

Funding earned: −$24.23
Price spread: +0.136% → 0.000%: $13.63
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$27.6
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 12 min ago; SoDEX: 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, 12 min ago	1.61 bp	9.3 bp −$9	14.4 bp −$144	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
SunX DRAM-USDT	0.0000%	8h	62.210	+0.164%	$944	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.140	+0.051%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.200	+0.148%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	62.079	−0.048%	$150K	$295K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	62.041	−0.108%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.160	+0.083%	—	$601	10x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.140	+0.051%	$1.2M	$1.8M	10x	as long as short
Gate DRAM_USDT	+0.0071%	8h	62.220	+0.180%	$8.3M	$3.3M	75x	as long as short
Pacifica DRAM	+0.0100%	1h	62.154	+0.074%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.140	+0.051%	$3.0M	$458K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni DRAMUSDT	+0.0100%	1h	62.130	+0.035%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.180	+0.115%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.138	+0.048%	$4K	—	10x	as long as short
SoDEX DRAM-USDshort	+0.0129%	1h	62.193	+0.136%	$2K	$15K	20x
QFEX DRAM-USD	+0.0160%	1h	62.200	+0.148%	$1.0M	$79K	10x	as long as short
Lighter DRAM	+0.0168%	1h	62.202	+0.151%	$972K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.303%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0196%	8h	62.220	+0.180%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0211%	8h	62.190	+0.131%	$26.3M	$12.9M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0219%	8h	62.203	+0.152%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.190	+0.131%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perplong	+0.0244%	8h	62.108	long leg	$37K	$164K	10x
Polymarket Perps DRAM-USD	+0.0288%	1h	62.125	+0.027%	$266K	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0321%	8h	62.162	+0.086%	$200K	$36K	20x	as long as short
Entropy io:DRAM	+0.0358%	1h	62.097	−0.018%	$254K	$495K	25x	as long as short
Variational Omni DRAM	+0.0410%	8h	62.157	+0.078%	$2.4M	$904K	—	as long as short
MEXC DRAM_USDT	+0.0453%	8h	62.220	+0.180%	$10.5M	$6.6M	100x	as long as short
Binance DRAMUSDT	+0.0454%	8h	62.226	+0.190%	$44.3M	$82.4M	50x	as long as short
Extended DRAM-USD	+0.0456%	1h	62.198	+0.145%	$75K	$767K	10x	as long as short
Bybit DRAMUSDT	+0.0597%	8h	62.280	+0.276%	$9.5M	$10.6M	100x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.070	−0.062%	$51K	$86K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0681%	1h	62.129	+0.033%	$81.3M	$41.4M	20x	as long as short
BloFin DRAM-USDT	+0.0745%	8h	62.090	−0.030%	$295K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.215	+0.171%	$454K	$478K	20x	as long as short