Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0086%/8h= −9.5% APRpaid last 24h −0.009%

Price spread now: edgeX against Aevo−0.088%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 edgeX

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 airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.088% cheaper against Aevo than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	61.633	0.0104	pay 0.0013% / 1h	55m 00s	$4K	—	10x
Short	edgeX DRAMUSDC	61.579	0.0018	get 0.0009% / 4h	2h 55m	$149K	$297K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$18.16
Price spread: −0.088% → 0.000%: −$8.81
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$51.97
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; edgeX: live order book, 58 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 edgeX live order book, 58 min ago	2.41 bp	7.4 bp −$7	14.8 bp −$148	doesn't fit	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
RISEx DRAM/USDC	0.0000%	1h	61.623	−0.017%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.640	+0.011%	$26.0M	$13.9M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.610	−0.038%	$37K	$189K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.630	−0.005%	$581	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.490	−0.232%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.650	+0.027%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDCshort	+0.0018%	4h	61.579	−0.088%	$149K	$297K	20x
Aftermath Perps DRAMUSD	+0.0024%	1h	61.557	−0.124%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.560	−0.119%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.590	−0.070%	—	—	10x	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	+0.0050%	1h	61.640	+0.011%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.591	−0.068%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.645	+0.019%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.600	−0.054%	$1.1M	$2.5M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0055%	8h	61.670	+0.060%	$5.4M	$4.7M	50x	as long as short
Bybit DRAMUSDT	+0.0065%	8h	61.684	+0.083%	$9.5M	$10.0M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.615	−0.030%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.620	−0.021%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.680	+0.076%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.630	−0.005%	$8K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	61.633	long leg	$4K	—	10x
Paradex DRAM-USD-PERP	+0.0114%	8h	61.637	+0.007%	—	—	5x	as long as short
Aster DRAMUSDT	+0.0115%	8h	61.647	+0.023%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0144%	1h	61.570	−0.102%	$170K	$466K	25x	as long as short
Variational Omni DRAM	+0.0175%	8h	61.664	+0.050%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	−0.200%	$528K	$74K	20x	as long as short
Lighter DRAM	+0.0208%	1h	61.656	+0.037%	$1.1M	$1.2M	20x	as long as short
MEXC DRAM_USDT	+0.0228%	8h	61.630	−0.005%	$9.0M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0228%	8h	61.630	−0.005%	$44.1M	$83.2M	50x	as long as short
BloFin DRAM-USDT	+0.0229%	8h	61.670	+0.060%	$301K	$26K	20x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.613	−0.033%	$74K	$238K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0237%	1h	61.630	−0.005%	$13K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0262%	1h	61.641	+0.013%	$80.2M	$35.7M	20x	as long as short
Gate DRAM_USDT	+0.0280%	8h	61.680	+0.076%	$8.1M	$3.6M	75x	as long as short