Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0035%/8h= −3.9% APRpaid last 24h +0.013%

Price spread now: Aster against ApeX Omni+0.316%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$1011.015% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 4 days (all we have)−0.382%−$38 · spread now +0.316%, 7d avg −0.018%

Together, before fees−0.481%+ Points / potential airdropAster: Stage 5 · farm board−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.334% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.316% now, against its 7-day average of −0.018%): +$33 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	61.070	0.0100	pay 0.0013% / 1h	19m 25s	$21K	$185K	50x
Short	Aster DRAMUSDT	61.263	0.0065	get 0.0065% / 8h	2h 19m	$197K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.316%Rate

Funding earned: −$7.44
Price spread: +0.316% → −0.018%: $33.37
Slippage, 4 orders: −$83.46
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$75.53
Costs to cover: 1.015%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 27 min ago; Aster: live order book, 27 min ago.

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 ApeX Omni live order book, 27 min ago	27.58 bp	39.2 bp −$39	199.0 bp −$1,990	doesn't fit	doesn't fit
Sell Aster live order book, 27 min ago	3.24 bp	10.1 bp −$10	11.2 bp −$112	doesn't fit	doesn't fit

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
Bitget DRAMUSDT	−0.0493%	8h	61.240	+0.278%	$25.9M	$14.1M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.233	+0.266%	$424K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.112	+0.069%	$36K	$194K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.210	+0.229%	$861	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.160	+0.147%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.230	+0.262%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0003%	8h	61.240	+0.278%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0025%	1h	61.144	+0.122%	$1K	$31K	5x	as long as short
Gate DRAM_USDT	+0.0036%	8h	61.280	+0.344%	$8.0M	$3.7M	75x	as long as short
OKX DRAM-USDT-SWAP	+0.0038%	8h	61.200	+0.213%	$5.4M	$5.6M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.140	+0.115%	$48K	$69K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.200	+0.213%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.240	+0.278%	$997K	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.210	+0.229%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.165	+0.156%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.170	+0.164%	$1.1M	$3.2M	10x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.153	+0.136%	$148K	$298K	20x	as long as short
Aster DRAMUSDTshort	+0.0065%	8h	61.263	+0.316%	$197K	$35K	20x
Entropy io:DRAM	+0.0067%	1h	61.150	+0.131%	$169K	$469K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.189	+0.194%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.190	+0.196%	$3.0M	$408K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.070	long leg	$21K	$185K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.200	+0.213%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.185	+0.189%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0105%	8h	61.217	+0.241%	—	—	5x	as long as short
Variational Omni DRAM	+0.0110%	8h	61.134	+0.105%	$2.3M	$675K	—	as long as short
tradeXYZ xyz:DRAM	+0.0138%	1h	61.210	+0.229%	$79.3M	$36.0M	20x	as long as short
BloFin DRAM-USDT	+0.0155%	8h	61.220	+0.246%	$301K	$26K	20x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.174	+0.170%	$76K	$188K	10x	as long as short
Binance DRAMUSDT	+0.0172%	8h	61.200	+0.213%	$43.7M	$86.0M	50x	as long as short
MEXC DRAM_USDT	+0.0172%	8h	61.220	+0.246%	$8.1M	$5.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	+0.065%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0232%	1h	61.235	+0.270%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0404%	1h	61.200	+0.213%	$13K	$3K	20x	as long as short