Funding you earn now, next payment 08:00 UTC+0.0803%/8h= +87.9% APRnext payment +$8.03 per $10,000 · paid last 24h −0.013%
Price spread now: GRVT against OKX−0.099%81s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as 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−$310.309% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)+0.115%+$12 · spread now −0.099%, 7d avg +0.005%
=Together, before fees+0.054%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.104% cheaper against OKX than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of +0.005%). If the spread goes back, that is −$10 on $10k: about 10 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DRAM-USDT-SWAP | 62.510 | 0.0246 | pay 0.0246% / 8h | 7h 06m | $5.5M | $4.6M | 50x |
| Short | GRVT DRAM_USDT_Perp | 62.448 | 0.1049 | get 0.1049% / 8h | 7h 06m | $37K | $153K | 10x |
OKX DRAM-USDT-SWAP
GRVT DRAM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against OKX. 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
- $168.65
- Price spread: −0.099% → +0.005%
- −$10.41
- Slippage, 4 orders
- −$11.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $127.35
- Costs to cover
- 0.309%
- Break-even
- 1.7 days
Slippage from OKX: live order book, 2 min ago; GRVT: live order book, 62 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 OKX live order book, 2 min ago | 0.80 bp | 7.6 bp −$8 | 14.4 bp −$144 | 87.9 bp −$8,787 | doesn't fit |
| Sell GRVT live order book, 62 min ago | 1.61 bp | 6.1 bp −$6 | 13.5 bp −$135 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.460 | −0.080% | $781 | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.450 | −0.096% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.490 | −0.032% | $1.8M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.442 | −0.109% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.430 | −0.128% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.440 | −0.112% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.478 | −0.051% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.400 | −0.176% | $1.2M | $1.9M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0084% | 4h | 62.441 | −0.111% | $151K | $296K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.405 | −0.168% | $76K | $41K | 10x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
edgeX DRAMUSDC
Pacifica DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.450 | −0.096% | $3.0M | $421K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.370 | −0.224% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.490 | −0.032% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.490 | −0.031% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0120% | 1h | 62.465 | −0.072% | $972K | $1.3M | 20x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.440 | −0.112% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 62.390 | −0.192% | $540K | $91K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0227% | 1h | 62.450 | −0.096% | $82.2M | $37.6M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.440 | −0.112% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0237% | 8h | 62.456 | −0.086% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAPlong | +0.0246% | 8h | 62.510 | long leg | $5.5M | $4.6M | 50x | |
| Bybit DRAMUSDT | +0.0466% | 8h | 62.528 | +0.029% | $9.6M | $10.4M | 100x | as long as short |
| Aster DRAMUSDT | +0.0492% | 8h | 62.357 | −0.245% | $201K | $36K | 20x | as long as short |
| Entropy io:DRAM | +0.0516% | 1h | 62.372 | −0.221% | $255K | $448K | 25x | as long as short |
| Variational Omni DRAM | +0.0585% | 8h | 62.483 | −0.042% | $2.4M | $749K | — | as long as short |
| Bitget DRAMUSDT | +0.0596% | 8h | 62.480 | −0.048% | $26.2M | $12.9M | 20x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.450 | −0.096% | $51K | $82K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0615% | 8h | 62.480 | −0.048% | $9.7M | $6.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0620% | 8h | 62.476 | −0.054% | $45.0M | $81.9M | 50x | as long as short |
| Extended DRAM-USD | +0.0624% | 1h | 62.449 | −0.097% | $76K | $665K | 10x | as long as short |
| Gate DRAM_USDT | +0.0821% | 8h | 62.490 | −0.032% | $8.3M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0962% | 8h | 62.510 | 0.000% | $299K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perpshort | +0.1049% | 8h | 62.448 | −0.099% | $37K | $153K | 10x | |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.444 | −0.106% | $456K | $499K | 20x | as long as short |
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM
QFEX DRAM-USD
Coinbase International DRAM-PERP-INTX
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
Bybit DRAMUSDT
Aster DRAMUSDT
Entropy io:DRAM
Variational Omni DRAM
Bitget DRAMUSDT
Arcus DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT
RISEx DRAM/USDC