Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0937%/8h= +102.6% APRpaid last 24h +0.016%

Price spread now: GRVT against SoDEX+0.277%74s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 3 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 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and GRVT is 0.277% dearer against SoDEX than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 74 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	SoDEX DRAM-USD	62.278	0.0050	pay 0.0006% / 1h	33m 45s	$2K	$15K	20x
Short	GRVT DRAM_USDT_Perp	62.450	0.0987	get 0.0987% / 8h	7h 33m	$37K	$157K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against SoDEX. 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 SoDEXbpFee GRVTbpOrdersPrice spread, now +0.277%Rate

Funding earned: $196.77
Price spread: +0.277% → 0.000%: $27.69
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $207.46
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; GRVT: live order book, 34 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 SoDEX no order-book sample	—	—	—	—	—
Sell GRVT live order book, 34 min ago	1.61 bp	6.1 bp −$6	13.5 bp −$135	doesn't fit	doesn't fit

SoDEX: 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
SunX DRAM-USDT	0.0000%	8h	62.290	+0.019%	$937	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.340	+0.100%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.260	−0.029%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0036%	4h	62.439	+0.258%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	62.326	+0.077%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.250	−0.045%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.238	−0.064%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USDlong	+0.0050%	1h	62.278	long leg	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.240	−0.061%	$1.1M	$1.9M	10x	as long as short
Lighter DRAM	+0.0096%	1h	62.251	−0.043%	$963K	$1.2M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DRAM	+0.0100%	1h	62.263	−0.025%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.250	−0.045%	$3.0M	$439K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.430	+0.244%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.320	+0.067%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.313	+0.057%	$4K	—	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.270	−0.013%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.575%	$535K	$95K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0209%	8h	62.275	−0.005%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0224%	8h	62.270	−0.013%	$5.5M	$4.7M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.250	−0.045%	$13K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0265%	1h	62.220	−0.093%	$81.6M	$39.4M	20x	as long as short
Bybit DRAMUSDT	+0.0333%	8h	62.280	+0.003%	$9.6M	$10.5M	100x	as long as short
Aster DRAMUSDT	+0.0386%	8h	62.248	−0.048%	$200K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0448%	8h	62.260	−0.029%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0474%	8h	62.365	+0.140%	$2.4M	$761K	—	as long as short
Entropy io:DRAM	+0.0492%	1h	62.284	+0.010%	$254K	$462K	25x	as long as short
Binance DRAMUSDT	+0.0515%	8h	62.260	−0.029%	$44.4M	$81.6M	50x	as long as short
MEXC DRAM_USDT	+0.0516%	8h	62.250	−0.045%	$9.7M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0520%	1h	62.247	−0.050%	$75K	$769K	10x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.350	+0.116%	$51K	$82K	10x	as long as short
Gate DRAM_USDT	+0.0633%	8h	62.310	+0.051%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0905%	8h	62.390	+0.180%	$298K	$26K	20x	as long as short
GRVT DRAM_USDT_Perpshort	+0.0987%	8h	62.450	+0.277%	$37K	$157K	10x
RISEx DRAM/USDC	+0.1096%	1h	62.286	+0.013%	$460K	$495K	20x	as long as short