Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0439%/8h= +48.0% APRpaid last 24h +0.031%

Price spread now: BloFin against Aevo−0.021%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 BloFin

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

Funding pays, the price is against you. BloFin is 0.021% cheaper against Aevo than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	61.963	0.0104	pay 0.0013% / 1h	46m 40s	$4K	—	10x
Short	BloFin DRAM-USDT	61.950	0.0543	get 0.0543% / 8h	46m 40s	$295K	$27K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.021%Rate

Funding earned: $92.13
Price spread: −0.021% → 0.000%: −$2.07
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: $62.06
Costs to cover: 0.280%
Break-even: 2.3 days

Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 25 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 BloFin live order book, 25 min ago	0.81 bp	9.5 bp −$10	14.9 bp −$149	38.3 bp −$3,825	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	62.010	+0.076%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.960	−0.005%	$656	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.085%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.870	−0.150%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.920	−0.069%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.860	−0.166%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.934	−0.047%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.970	+0.012%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.101%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	61.944	−0.031%	$153K	$290K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.930	−0.053%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.994	+0.050%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.910	−0.085%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.940	−0.037%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.950	−0.021%	$9K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	61.963	long leg	$4K	—	10x
OKX DRAM-USDT-SWAP	+0.0138%	8h	61.980	+0.028%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0141%	8h	61.990	+0.044%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0158%	8h	61.987	+0.039%	$199K	$36K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0169%	8h	61.972	+0.016%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0176%	8h	61.941	−0.036%	$36K	$178K	10x	as long as short
Lighter DRAM	+0.0192%	1h	61.978	+0.024%	$978K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.618%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0237%	8h	61.947	−0.025%	$2.4M	$948K	—	as long as short
Entropy io:DRAM	+0.0247%	1h	61.896	−0.108%	$260K	$502K	25x	as long as short
Bybit DRAMUSDT	+0.0274%	8h	62.032	+0.112%	$9.3M	$10.4M	100x	as long as short
Extended DRAM-USD	+0.0288%	1h	61.979	+0.026%	$77K	$766K	10x	as long as short
MEXC DRAM_USDT	+0.0291%	8h	61.990	+0.044%	$11.2M	$6.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0293%	1h	61.971	+0.013%	$80.4M	$39.8M	20x	as long as short
Binance DRAMUSDT	+0.0294%	8h	61.990	+0.044%	$43.9M	$82.5M	50x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.990	+0.044%	$457K	$475K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.960	−0.005%	$13K	$9K	20x	as long as short
BloFin DRAM-USDTshort	+0.0543%	8h	61.950	−0.021%	$295K	$27K	20x
Arcus DRAM-USD	+0.0680%	1h	61.970	+0.012%	$50K	$89K	10x	as long as short