Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0858%/8h= +94.0% APRpaid last 24h −0.004%
Price spread now: GRVT against Pacifica−0.149%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.132%−$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · GRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. GRVT is 0.149% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.149% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 14 hours of funding at the current rate (+$26 a day). Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour. The two prices were read 52 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 -0.132% in total (about -6.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica DRAM62.4300.0100pay 0.0013% / 1h40m 29s$76K$40K10x
ShortGRVT DRAM_USDT_Perp62.3370.0958get 0.0958% / 8h7h 40m$37K$162K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Pacifica. 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

Funding earned
$180.18
Price spread: −0.149% → 0.000%
−$14.89
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$148.29
Costs to cover
0.170%
Break-even
1.2 days
Slippage unknown: Pacifica: no order-book sample; GRVT: live order book, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell GRVT live order book, 27 min ago1.61 bp6.1 bp −$613.5 bp −$135doesn't fitdoesn't fit
Pacifica: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.430+0.001%$637$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.320−0.175%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.400−0.047%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0037%4h62.355−0.120%$151K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0037%1h62.332−0.156%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.370−0.095%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.406−0.038%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.408−0.035%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.340−0.143%$1.1M$1.9M10xas long as short
Pacifica DRAMlong+0.0100%1h62.430long leg$76K$40K10x
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.340−0.143%$3.0M$442K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.430+0.001%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.440+0.017%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.432+0.004%$4K10xas long as short
Lighter DRAM+0.0152%1h62.415−0.023%$970K$1.2M20xas long as short
QFEX DRAM-USD+0.0160%1h62.410−0.031%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.816%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0221%8h62.450+0.033%$5.5M$4.7M50xas long as short
Paradex DRAM-USD-PERP+0.0223%8h62.447+0.028%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.390−0.063%$13K$3K20xas long as short
tradeXYZ xyz:DRAM+0.0341%1h62.387−0.068%$81.8M$39.9M20xas long as short
Aster DRAMUSDT+0.0374%8h62.326−0.166%$200K$36K20xas long as short
Bitget DRAMUSDT+0.0389%8h62.430+0.001%$26.2M$12.9M20xas long as short
Bybit DRAMUSDT+0.0434%8h62.470+0.065%$9.6M$10.5M100xas long as short
Variational Omni DRAM+0.0456%8h62.405−0.039%$2.4M$765Kas long as short
MEXC DRAM_USDT+0.0500%8h62.420−0.015%$10.1M$6.7M100xas long as short
Binance DRAMUSDT+0.0503%8h62.440+0.017%$44.6M$81.7M50xas long as short
Extended DRAM-USD+0.0504%1h62.437+0.012%$75K$767K10xas long as short
Entropy io:DRAM+0.0531%1h62.316−0.182%$254K$476K25xas long as short
Arcus DRAM-USD+0.0606%1h62.370−0.095%$51K$83K10xas long as short
Gate DRAM_USDT+0.0661%8h62.440+0.017%$8.3M$3.4M75xas long as short
BloFin DRAM-USDT+0.0870%8h62.350−0.127%$296K$26K20xas long as short
GRVT DRAM_USDT_Perpshort+0.0958%8h62.337−0.149%$37K$162K10x
RISEx DRAM/USDC+0.1096%1h62.427−0.004%$455K$491K20xas long as short