Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.018%

Price spread now: Vest against GRVT−0.165%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 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 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.165% cheaper against GRVT than usual: you would sell low and buy high (spread −0.165% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 12 days of funding at the current rate (+$1 a day).

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 47m	$35K	$209K	10x
Short	Vest DRAM-USD-PERP	60.540	0.0046	get 0.0006% / 1h	47m 22s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.165%Rate

Funding earned: $9.59
Price spread: −0.165% → 0.000%: −$16.49
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$17.9
Costs to cover: 0.110%
Break-even: 20.1 days

Slippage unknown: GRVT: live order book, 46 min ago; Vest: 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, 46 min ago	2.46 bp	7.0 bp −$7	21.6 bp −$216	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0709%	8h	60.600	−0.066%	$26.4M	$15.1M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.581	−0.097%	$194K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.574	−0.108%	$76K	$222K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.570	−0.115%	$43.6M	$89.5M	50x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.590	−0.082%	$9.6M	$10.4M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.595	−0.074%	$418K	$338K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.600	−0.066%	$7.9M	$3.6M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.570	−0.115%	$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

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX DRAM-USDT	0.0000%	8h	60.580	−0.099%	$737	$2.5M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.520	−0.198%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.580	−0.099%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0001%	8h	60.590	−0.082%	$5.4M	$6.1M	50x	as long as short
BloFin DRAM-USDT	+0.0005%	8h	60.620	−0.033%	$298K	$25K	20x	as long as short
Entropy io:DRAM	+0.0010%	1h	60.587	−0.087%	$177K	$469K	25x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	60.584	−0.092%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.560	−0.132%	$47K	$67K	10x	as long as short
Vest DRAM-USD-PERPshort	+0.0046%	1h	60.540	−0.165%	—	—	10x
Polymarket Perps DRAM-USD	+0.0050%	1h	60.520	−0.198%	$252K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.575	−0.107%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.570	−0.115%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.560	−0.132%	$986K	$84K	10x	as long as short
edgeX DRAMUSDC	+0.0065%	4h	60.608	−0.052%	$147K	$299K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0092%	1h	60.543	−0.160%	$78.3M	$35.0M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0096%	8h	60.575	−0.108%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.558	−0.135%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.550	−0.148%	$3.0M	$404K	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	60.580	−0.099%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.558	−0.135%	$4K	—	10x	as long as short
Lighter DRAM	+0.0240%	1h	60.583	−0.094%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0246%	1h	60.560	−0.132%	$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