Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h —

Price spread now: GRVT against Paradex−0.078%51s7-day average — · you buy dearer than you sell

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

Long on Paradex Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and GRVT is 0.078% cheaper against Paradex than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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	Paradex DRAM-USD-PERP	62.451	0.0097	pay 0.0097% / 8h	4h 40m	—	—	5x
Short	GRVT DRAM_USDT_Perp	62.402	0.0081	get 0.0081% / 8h	4h 40m	$37K	$167K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Paradex. 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 ParadexbpFee GRVTbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$3.29
Price spread: −0.078% → 0.000%: −$7.76
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$24.05
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; GRVT: live order book, 12 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell GRVT live order book, 12 min ago	2.40 bp	7.7 bp −$8	19.5 bp −$195	doesn't fit	doesn't fit

Paradex: 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
RISEx DRAM/USDC	0.0000%	1h	62.454	+0.006%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.460	+0.015%	$635	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	−0.097%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.460	+0.015%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	62.388	−0.101%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.448	−0.004%	$970K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0040%	4h	62.437	−0.022%	$151K	$296K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.360	−0.145%	$51K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.400	−0.081%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.416	−0.055%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.456	+0.009%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	−0.081%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.440	−0.017%	$1.0M	$78K	10x	as long as short
GRVT DRAM_USDT_Perpshort	+0.0081%	8h	62.402	−0.078%	$37K	$167K	10x
Paradex DRAM-USD-PERPlong	+0.0097%	8h	62.451	long leg	—	—	5x
Pacifica DRAM	+0.0100%	1h	62.463	+0.020%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.410	−0.065%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.390	−0.097%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.470	+0.031%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.467	+0.026%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0105%	1h	62.427	−0.038%	$81.8M	$35.6M	20x	as long as short
Bitget DRAMUSDT	+0.0107%	8h	62.460	+0.015%	$26.3M	$13.2M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0143%	8h	62.470	+0.031%	$5.5M	$4.5M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.193%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0167%	1h	62.410	−0.065%	$215K	$428K	25x	as long as short
Bybit DRAMUSDT	+0.0203%	8h	62.494	+0.069%	$9.7M	$9.8M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.440	−0.017%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0313%	8h	62.462	+0.019%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0393%	8h	62.463	+0.021%	$2.4M	$753K	—	as long as short
Binance DRAMUSDT	+0.0430%	8h	62.460	+0.015%	$45.0M	$80.4M	50x	as long as short
MEXC DRAM_USDT	+0.0431%	8h	62.450	−0.001%	$9.2M	$5.4M	100x	as long as short
Extended DRAM-USD	+0.0432%	1h	62.444	−0.010%	$75K	$636K	10x	as long as short
BloFin DRAM-USDT	+0.0575%	8h	62.450	−0.001%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0613%	8h	62.490	+0.063%	$8.2M	$3.5M	75x	as long as short