DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.95 per $10,000 · paid last 24h −0.034%

Price spread now: GRVT against MEXC+0.065%82s7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as 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−$160.158% of the position

Long on MEXC Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$12 on $10k

Price spread, last 3 days (all we have)−0.038%−$4 · spread now +0.065%, 7d avg +0.005%

Together, before fees−0.153%+ Points / potential airdropGRVT: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.059% dearer against MEXC than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.005%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 82 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	MEXC DRAM_USDT	61.750	0.0234	pay 0.0234% / 8h	1h 26m	$11.2M	$6.4M	100x
Short	GRVT DRAM_USDT_Perp	61.790	0.0139	get 0.0139% / 8h	1h 26m	$36K	$183K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against MEXC. 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 MEXCbpFee GRVTbpOrdersPrice spread, now +0.065%Rate

Funding earned: −$19.95
Price spread: +0.065% → +0.005%: $5.95
Slippage, 4 orders: −$6.8
Fee MEXC: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$29.8
Costs to cover: 0.158%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; GRVT: live order book, 56 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 MEXC live order book, 2 min ago	0.81 bp	0.8 bp −$1	1.0 bp −$10	5.1 bp −$515	19.7 bp −$9,865
Sell GRVT live order book, 56 min ago	1.62 bp	8.1 bp −$8	18.1 bp −$181	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
Gate DRAM_USDT	0.0000%	8h	61.780	+0.049%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.760	+0.016%	$701	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.760	+0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.760	+0.016%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.730	−0.032%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.640	−0.178%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.666	−0.136%	$254K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.728	−0.036%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.760	+0.016%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.720	−0.049%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0052%	1h	61.730	−0.032%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0055%	4h	61.775	+0.040%	$153K	$288K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.707	−0.070%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.760	+0.016%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.830	+0.130%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.760	+0.016%	$8K	—	10x	as long as short
Aster DRAMUSDT	+0.0102%	8h	61.740	−0.016%	$198K	$36K	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.766	+0.026%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0110%	8h	61.760	+0.016%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0111%	8h	61.770	+0.032%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perpshort	+0.0139%	8h	61.790	+0.065%	$36K	$183K	10x
Paradex DRAM-USD-PERP	+0.0160%	8h	61.744	−0.010%	—	—	5x	as long as short
Variational Omni DRAM	+0.0187%	8h	61.727	−0.037%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.275%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0229%	8h	61.799	+0.079%	$9.3M	$10.4M	100x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.742	−0.013%	$77K	$765K	10x	as long as short
MEXC DRAM_USDTlong	+0.0234%	8h	61.750	long leg	$11.2M	$6.4M	100x
Binance DRAMUSDT	+0.0235%	8h	61.758	+0.013%	$43.8M	$82.6M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.760	+0.016%	$455K	$454K	20x	as long as short
Lighter DRAM	+0.0304%	1h	61.760	+0.016%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0309%	1h	61.740	−0.016%	$79.3M	$39.6M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.740	−0.016%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0439%	8h	61.770	+0.032%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.740	−0.016%	$50K	$91K	10x	as long as short