Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: HTX against Aevo−0.077%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 HTX

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.077% cheaper against Aevo than usual: you would sell low and buy high (−$8 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	61.768	0.0104	pay 0.0013% / 1h	14m 50s	$4K	—	10x
Short	HTX DRAM-USDT	61.720	0	get 0.0000% / 8h	1h 14m	$28K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$21.84
Price spread: −0.077% → 0.000%: −$7.7
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee HTX: 6 bp × 2 orders: −$12
Net: −$57.54
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; HTX: no order-book sample. 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 HTX no order-book sample	—	—	—	—	—

Aevo and HTX: 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	61.810	+0.069%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.750	−0.028%	$463	$3.3M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	61.720	−0.077%	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	61.780	+0.020%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.744	−0.038%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.750	−0.028%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.749	−0.030%	$260K	$509K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.752	−0.025%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.763	−0.007%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.750	−0.028%	$1.2M	$1.7M	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	+0.0052%	1h	61.750	−0.028%	$1.0M	$80K	10x	as long as short
edgeX DRAMUSDC	+0.0068%	4h	61.739	−0.046%	$153K	$290K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.718	−0.081%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.770	+0.004%	$3.0M	$477K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.710	−0.093%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.760	−0.012%	$8K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	61.768	long leg	$4K	—	10x
Aster DRAMUSDT	+0.0106%	8h	61.740	−0.045%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0112%	8h	61.800	+0.053%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0115%	8h	61.820	+0.085%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0141%	8h	61.740	−0.045%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0154%	8h	61.750	−0.028%	—	—	5x	as long as short
Variational Omni DRAM	+0.0195%	8h	61.747	−0.033%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.304%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0229%	8h	61.824	+0.091%	$9.3M	$10.4M	100x	as long as short
Binance DRAMUSDT	+0.0238%	8h	61.795	+0.044%	$43.8M	$82.7M	50x	as long as short
MEXC DRAM_USDT	+0.0239%	8h	61.790	+0.036%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.779	+0.018%	$77K	$765K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.772	+0.007%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0272%	1h	61.789	+0.035%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0294%	1h	61.763	−0.007%	$79.3M	$39.5M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.770	+0.004%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0461%	8h	61.780	+0.020%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.750	−0.028%	$50K	$91K	10x	as long as short