Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h —

Price spread now: Paradex against Aevo−0.054%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.054% cheaper against Aevo than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	62.262	0.0104	pay 0.0013% / 1h	0m 51s	$4K	—	10x
Short	Paradex DRAM-USD-PERP	62.228	0.0155	get 0.0155% / 8h	6h 00m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.054%Rate

Funding earned: $10.76
Price spread: −0.054% → 0.000%: −$5.43
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$14.67
Costs to cover: 0.200%
Break-even: 16.5 days

Slippage unknown: Aevo: no order-book sample; Paradex: 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 Paradex no order-book sample	—	—	—	—	—

Aevo and Paradex: 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 33 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
SunX DRAM-USDT	0.0000%	8h	62.240	−0.035%	$789	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.150	−0.180%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.240	−0.035%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.174	−0.141%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.190	−0.115%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.170	−0.147%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.210	−0.083%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.213	−0.078%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.223	−0.062%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.160	−0.164%	$1.2M	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0053%	1h	62.164	−0.157%	$253K	$426K	25x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	62.214	−0.077%	$151K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.192	−0.113%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.180	−0.131%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.190	−0.115%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.270	+0.013%	$9K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	62.262	long leg	$4K	—	10x
Bitget DRAMUSDT	+0.0117%	8h	62.220	−0.067%	$26.1M	$13.1M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.040	−0.356%	$534K	$81K	20x	as long as short
Paradex DRAM-USD-PERPshort	+0.0155%	8h	62.228	−0.054%	—	—	5x
Lighter DRAM	+0.0160%	1h	62.217	−0.072%	$967K	$1.0M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0211%	1h	62.191	−0.114%	$82.1M	$37.0M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0215%	8h	62.230	−0.051%	$5.5M	$4.5M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0257%	8h	62.235	−0.042%	$36K	$155K	10x	as long as short
Bybit DRAMUSDT	+0.0270%	8h	62.269	+0.012%	$9.6M	$10.1M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0393%	1h	62.220	−0.067%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0439%	8h	62.259	−0.005%	$200K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0498%	8h	62.260	−0.003%	$8.2M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0525%	8h	62.224	−0.061%	$2.4M	$710K	—	as long as short
Extended DRAM-USD	+0.0560%	1h	62.195	−0.107%	$75K	$665K	10x	as long as short
MEXC DRAM_USDT	+0.0562%	8h	62.200	−0.099%	$9.6M	$5.9M	100x	as long as short
Binance DRAMUSDT	+0.0563%	8h	62.210	−0.083%	$44.6M	$81.6M	50x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.234	−0.045%	$448K	$505K	20x	as long as short