Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h +0.038%

Price spread now: BloFin against Aftermath Perps+0.025%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.025% dearer against Aftermath Perps than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps DRAMUSD	61.705	0.0037	pay 0.0005% / 1h	31m 11s	$1K	$36K	5x
Short	BloFin DRAM-USDT	61.720	0.0425	get 0.0425% / 8h	1h 31m	$294K	$27K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aftermath Perps. 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 Aftermath PerpsbpFee BloFinbpOrdersPrice spread, now +0.025%Rate

Funding earned: $81.56
Price spread: +0.025% → 0.000%: $2.47
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $63.02
Costs to cover: 0.210%
Break-even: 1.6 days

Slippage unknown: Aftermath Perps: no order-book sample; BloFin: live order book, 46 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell BloFin live order book, 46 min ago	0.81 bp	8.1 bp −$8	13.0 bp −$130	39.0 bp −$3,902	doesn't fit

Aftermath Perps: 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	61.750	+0.073%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.730	+0.041%	$823	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.700	−0.008%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.740	+0.057%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSDlong	+0.0037%	1h	61.705	long leg	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.630	−0.121%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.679	−0.042%	$253K	$503K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.706	+0.002%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.735	+0.049%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.650	−0.089%	$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	61.720	+0.025%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0061%	4h	61.737	+0.051%	$153K	$290K	20x	as long as short
Aster DRAMUSDT	+0.0099%	8h	61.740	+0.057%	$198K	$36K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.687	−0.029%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.730	+0.041%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.690	−0.024%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.740	+0.057%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.740	+0.058%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0106%	8h	61.720	+0.025%	$5.4M	$4.5M	50x	as long as short
Bitget DRAMUSDT	+0.0107%	8h	61.740	+0.057%	$26.0M	$12.5M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0139%	8h	61.730	+0.041%	$36K	$185K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0162%	8h	61.732	+0.044%	—	—	5x	as long as short
Variational Omni DRAM	+0.0186%	8h	61.708	+0.005%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.202%	$510K	$44K	20x	as long as short
Bybit DRAMUSDT	+0.0218%	8h	61.780	+0.122%	$9.3M	$10.3M	100x	as long as short
MEXC DRAM_USDT	+0.0231%	8h	61.730	+0.041%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0232%	8h	61.730	+0.041%	$43.8M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.719	+0.024%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.738	+0.054%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0312%	1h	61.739	+0.055%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0323%	1h	61.715	+0.017%	$79.3M	$39.5M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.730	+0.041%	$13K	$9K	20x	as long as short
BloFin DRAM-USDTshort	+0.0425%	8h	61.720	+0.025%	$294K	$27K	20x
Arcus DRAM-USD	+0.0649%	1h	61.720	+0.025%	$50K	$92K	10x	as long as short