Funding you earn now, next payment 08:00 UTC+0.0502%/8h= +54.9% APRnext payment +$5.02 per $10,000 · paid last 24h −0.035%
Price spread now: GRVT against Variational Omni−0.110%7-day average +0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.040%−$4 on $10k
+Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.110%, 7d avg +0.014%
=Together, before fees+0.098%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.124% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.014%). If the spread goes back, that is −$12 on $10k: about 20 hours of funding at the current rate (+$15 a day).
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.040% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.02 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 | Variational Omni DRAM | 62.405 | 0.0456 | pay 0.0456% / 8h | 7h 39m | $2.4M | $765K | — |
| Short | GRVT DRAM_USDT_Perp | 62.337 | 0.0958 | get 0.0958% / 8h | 7h 39m | $37K | $162K | 10x |
Variational Omni DRAM
GRVT DRAM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Variational Omni. 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
- $105.34
- Price spread: −0.110% → +0.014%
- −$12.39
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $83.95
- Costs to cover
- 0.090%
- Break-even
- 1.4 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; GRVT: live order book, 28 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 Variational Omni RFQ quote, 5 min ago | 3.09 bp | doesn't fit | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 28 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 | 62.450 | +0.072% | $713 | $3.0M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.320 | −0.137% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.440 | +0.056% | $1.8M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0023% | 4h | 62.409 | +0.005% | $151K | $295K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0036% | 1h | 62.356 | −0.079% | $1K | $35K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.390 | −0.025% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.415 | +0.015% | $267K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.433 | +0.044% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.360 | −0.073% | $1.1M | $1.9M | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.464 | +0.095% | $76K | $40K | 10x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Pacifica DRAMShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.390 | −0.025% | $3.0M | $442K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.430 | +0.040% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.480 | +0.120% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.464 | +0.094% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0152% | 1h | 62.454 | +0.078% | $971K | $1.2M | 20x | as long as short |
| QFEX DRAM-USD | +0.0160% | 1h | 62.430 | +0.040% | $1.0M | $78K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.920 | −0.778% | $535K | $95K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0221% | 8h | 62.470 | +0.104% | $5.5M | $4.7M | 50x | as long as short |
| Paradex DRAM-USD-PERP | +0.0222% | 8h | 62.462 | +0.091% | — | — | 5x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.430 | +0.040% | $13K | $3K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0327% | 1h | 62.423 | +0.028% | $81.8M | $39.2M | 20x | as long as short |
| Aster DRAMUSDT | +0.0374% | 8h | 62.382 | −0.037% | $201K | $36K | 20x | as long as short |
| Bitget DRAMUSDT | +0.0404% | 8h | 62.450 | +0.072% | $26.2M | $12.8M | 20x | as long as short |
| Bybit DRAMUSDT | +0.0423% | 8h | 62.500 | +0.152% | $9.6M | $10.5M | 100x | as long as short |
| Variational Omni DRAMlong | +0.0456% | 8h | 62.405 | long leg | $2.4M | $765K | — | |
| MEXC DRAM_USDT | +0.0502% | 8h | 62.430 | +0.040% | $10.1M | $6.7M | 100x | as long as short |
| Extended DRAM-USD | +0.0504% | 1h | 62.444 | +0.061% | $75K | $767K | 10x | as long as short |
| Binance DRAMUSDT | +0.0508% | 8h | 62.450 | +0.072% | $44.6M | $81.7M | 50x | as long as short |
| Entropy io:DRAM | +0.0532% | 1h | 62.351 | −0.087% | $254K | $462K | 25x | as long as short |
| Arcus DRAM-USD | +0.0606% | 1h | 62.380 | −0.041% | $51K | $83K | 10x | as long as short |
| Gate DRAM_USDT | +0.0668% | 8h | 62.460 | +0.088% | $8.3M | $3.4M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0870% | 8h | 62.350 | −0.089% | $296K | $26K | 20x | as long as short |
| GRVT DRAM_USDT_Perpshort | +0.0958% | 8h | 62.337 | −0.110% | $37K | $162K | 10x | |
| RISEx DRAM/USDC | +0.1096% | 1h | 62.448 | +0.068% | $455K | $491K | 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
OKX DRAM-USDT-SWAP
Paradex DRAM-USD-PERP
Deribit DRAM_USDC-PERPETUAL
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Bitget DRAMUSDT
Bybit DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
Binance DRAMUSDT
Entropy io:DRAM
Arcus DRAM-USD
Gate DRAM_USDT
BloFin DRAM-USDT
RISEx DRAM/USDC