Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.016%

Price spread now: Binance against ApeX Omni+0.066%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$940.942% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$4 on $10k

Price spread, last 4 days (all we have)+0.643%+$64 · spread now +0.066%, 7d avg −0.024%

Together, before fees+0.608%+$61 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.090% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.024%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.035% in total) that is about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	60.600	0.0100	pay 0.0013% / 1h	52m 48s	$21K	$182K	50x
Short	Binance DRAMUSDT	60.640	0	get 0.0000% / 8h	7h 52m	$43.7M	$89.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.066%Rate

Funding earned: −$21
Price spread: +0.066% → −0.024%: $8.97
Slippage, 4 orders: −$74.17
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$106.2
Costs to cover: 0.942%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 43 min ago; Binance: live order book, 5 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, 43 min ago	27.89 bp	40.7 bp −$41	213.0 bp −$2,130	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.82 bp	5.8 bp −$6	7.9 bp −$79	43.1 bp −$4,308	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	−0.0743%	8h	60.630	+0.050%	$26.4M	$15.3M	20x	as long as short
Entropy io:DRAM	−0.0382%	1h	60.632	+0.053%	$180K	$464K	25x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.670	+0.115%	$194K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.634	+0.056%	$76K	$218K	10x	as long as short
Binance DRAMUSDTshort	0.0000%	8h	60.640	+0.066%	$43.7M	$89.4M	50x
Bybit DRAMUSDT	0.0000%	8h	60.644	+0.073%	$9.6M	$10.4M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.610	+0.017%	$419K	$339K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.650	+0.083%	$7.9M	$3.6M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.640	+0.066%	$8.4M	$5.4M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.745	+0.239%	$2.3M	$584K	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT DRAM_USDT_Perp	0.0000%	8h	60.641	+0.067%	$35K	$209K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.640	+0.066%	$959	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.680	+0.132%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.640	+0.066%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0008%	8h	60.660	+0.099%	$5.4M	$6.1M	50x	as long as short
edgeX DRAMUSDC	+0.0014%	4h	60.656	+0.092%	$147K	$298K	20x	as long as short
BloFin DRAM-USDT	+0.0034%	8h	60.630	+0.050%	$298K	$25K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.673	+0.121%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.590	−0.017%	$47K	$67K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.630	+0.050%	—	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0050%	1h	60.577	−0.038%	$78.5M	$34.7M	20x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.560	−0.066%	$252K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.576	−0.040%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.540	−0.099%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.570	−0.050%	$987K	$84K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0096%	8h	60.562	−0.064%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.581	−0.032%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.620	+0.033%	$3.0M	$405K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	60.600	long leg	$21K	$182K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.640	+0.066%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.633	+0.054%	$4K	—	10x	as long as short
Lighter DRAM	+0.0208%	1h	60.637	+0.061%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0245%	1h	60.600	0.000%	$12K	$3K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.700	+0.165%	$533K	$87K	20x	as long as short