Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.005%

Price spread now: Aster against Aevo−0.139%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.139% cheaper against Aevo than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 20 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	61.870	0.0104	pay 0.0013% / 1h	56m 43s	$4K	—	10x
Short	Aster DRAMUSDT	61.784	0.0128	get 0.0128% / 8h	56m 43s	$199K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now −0.139%Rate

Funding earned: $5
Price spread: −0.139% → 0.000%: −$13.93
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$32.93
Costs to cover: 0.240%
Break-even: 53.1 days

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 20 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 20 min ago	3.24 bp	7.2 bp −$7	9.0 bp −$90	225.5 bp −$22.5K	doesn't fit

Aevo: 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
Gate DRAM_USDT	0.0000%	8h	61.880	+0.016%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.860	−0.016%	$671	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.830	−0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.840	−0.048%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.806	−0.104%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.800	−0.113%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.834	−0.058%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.859	−0.018%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.780	−0.145%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0079%	1h	61.850	−0.032%	$1.0M	$80K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX DRAMUSDC	+0.0096%	4h	61.830	−0.065%	$153K	$288K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.798	−0.116%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.790	−0.129%	$3.0M	$474K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.850	−0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.860	−0.016%	$9K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	61.870	long leg	$4K	—	10x
Entropy io:DRAM	+0.0106%	1h	61.816	−0.087%	$260K	$506K	25x	as long as short
Aster DRAMUSDTshort	+0.0128%	8h	61.784	−0.139%	$199K	$36K	20x
Bitget DRAMUSDT	+0.0130%	8h	61.850	−0.032%	$26.0M	$12.6M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0132%	8h	61.870	0.000%	$5.4M	$4.5M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0148%	8h	61.849	−0.033%	$36K	$180K	10x	as long as short
Lighter DRAM	+0.0152%	1h	61.860	−0.016%	$976K	$1.2M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0166%	8h	61.851	−0.031%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.469%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0209%	8h	61.837	−0.054%	$2.4M	$940K	—	as long as short
Bybit DRAMUSDT	+0.0258%	8h	61.897	+0.044%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0258%	8h	61.850	−0.032%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0262%	8h	61.859	−0.017%	$43.9M	$82.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0263%	1h	61.834	−0.058%	$79.7M	$39.6M	20x	as long as short
Extended DRAM-USD	+0.0264%	1h	61.839	−0.049%	$77K	$766K	10x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.859	−0.018%	$456K	$475K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0397%	1h	61.850	−0.032%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0514%	8h	61.850	−0.032%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.850	−0.032%	$51K	$89K	10x	as long as short