Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.015%

Price spread now: Binance against Aevo+0.095%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Binance

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—needs both histories

The price spread pays, funding is against you. Binance is 0.095% dearer against Aevo than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	60.425	0.0104	pay 0.0013% / 1h	17m 51s	$4K	—	10x
Short	Binance DRAMUSDT	60.483	0	get 0.0000% / 8h	7h 17m	$43.7M	$91.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.095%Rate

Funding earned: −$21.84
Price spread: +0.095% → 0.000%: $9.53
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$38.31
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago	0.83 bp	5.8 bp −$6	8.1 bp −$81	31.4 bp −$3,136	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
Bitget DRAMUSDT	−0.0522%	8h	60.490	+0.107%	$26.4M	$15.2M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.410	−0.025%	$193K	$26K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.445	+0.033%	$75K	$248K	10x	as long as short
Binance DRAMUSDTshort	0.0000%	8h	60.483	+0.095%	$43.7M	$91.6M	50x
RISEx DRAM/USDC	0.0000%	1h	60.415	−0.018%	$416K	$337K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.480	+0.090%	$7.9M	$3.7M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.460	+0.057%	$9.2M	$5.5M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.406	−0.032%	$2.2M	$688K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.370	−0.092%	$36K	$210K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.410	−0.025%	$761	$2.5M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DRAM-USDT	0.0000%	8h	60.370	−0.092%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.460	+0.057%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0026%	8h	60.500	+0.124%	$5.4M	$6.3M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.400	−0.042%	$47K	$68K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0042%	1h	60.307	−0.196%	$1K	$29K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.400	−0.042%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.418	−0.012%	$162K	$505K	25x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.438	+0.021%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.360	−0.108%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.390	−0.059%	$984K	$91K	10x	as long as short
edgeX DRAMUSDC	+0.0070%	4h	60.354	−0.117%	$146K	$299K	20x	as long as short
BloFin DRAM-USDT	+0.0078%	8h	60.420	−0.009%	$302K	$26K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.350	−0.125%	$72K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.390	−0.059%	$2.9M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.390	−0.059%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.420	−0.009%	$8K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	60.425	long leg	$4K	—	10x
Bybit DRAMUSDT	+0.0105%	8h	60.517	+0.152%	$9.6M	$10.5M	100x	as long as short
Polymarket Perps DRAM-USD	+0.0113%	1h	60.414	−0.019%	$251K	$1.3M	10x	as long as short
Paradex DRAM-USD-PERP	+0.0136%	8h	60.412	−0.022%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0203%	1h	60.454	+0.047%	$78.5M	$36.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.100	−0.538%	$527K	$87K	20x	as long as short
Lighter DRAM	+0.0312%	1h	60.483	+0.095%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0744%	1h	60.410	−0.025%	$12K	$3K	20x	as long as short