Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.071%

Price spread now: BloFin against ApeX Omni−0.131%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$990.987% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.131%, 7d avg −0.008%

Together, before fees+0.088%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.123% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.008%). If the spread goes back, that is −$12 on $10k: about 7.3 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	ApeX Omni DRAMUSDT	61.290	0.0100	pay 0.0013% / 1h	33m 56s	$21K	$184K	50x
Short	BloFin DRAM-USDT	61.210	0.0156	get 0.0156% / 8h	2h 33m	$301K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.131%Rate

Funding earned: $11.79
Price spread: −0.131% → −0.008%: −$12.29
Slippage, 4 orders: −$76.69
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$99.19
Costs to cover: 0.987%
Break-even: 65.9 days

Slippage from ApeX Omni: live order book, 12 min ago; BloFin: live order book, 56 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, 12 min ago	27.58 bp	39.2 bp −$39	199.0 bp −$1,990	doesn't fit	doesn't fit
Sell BloFin live order book, 56 min ago	2.42 bp	10.0 bp −$10	13.4 bp −$134	39.0 bp −$3,897	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	−0.0214%	8h	61.120	−0.277%	$25.8M	$13.9M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.122	−0.274%	$423K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.303	+0.021%	$36K	$191K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.130	−0.261%	$921	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.180	−0.179%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.140	−0.245%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.256	−0.055%	$1K	$31K	5x	as long as short
Bybit DRAMUSDT	+0.0029%	8h	61.100	−0.310%	$9.4M	$10.1M	100x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.210	−0.131%	$48K	$75K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0041%	8h	61.120	−0.277%	$5.4M	$5.1M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.160	−0.212%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.140	−0.245%	$996K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.196	−0.153%	$169K	$467K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.134	−0.255%	$257K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.137	−0.250%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.120	−0.277%	$1.1M	$2.8M	10x	as long as short
Aster DRAMUSDT	+0.0077%	8h	61.131	−0.259%	$197K	$35K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.110	−0.294%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0079%	4h	61.275	−0.025%	$149K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.128	−0.264%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.120	−0.277%	$3.0M	$403K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.290	long leg	$21K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.130	−0.261%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0103%	8h	61.115	−0.286%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.145	−0.237%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0133%	8h	61.216	−0.122%	$2.3M	$676K	—	as long as short
Gate DRAM_USDT	+0.0142%	8h	61.190	−0.163%	$8.0M	$3.6M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0147%	1h	61.087	−0.331%	$79.2M	$35.7M	20x	as long as short
BloFin DRAM-USDTshort	+0.0156%	8h	61.210	−0.131%	$301K	$26K	20x
Extended DRAM-USD	+0.0184%	1h	61.076	−0.348%	$76K	$191K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.150	−0.228%	$525K	$74K	20x	as long as short
MEXC DRAM_USDT	+0.0186%	8h	61.120	−0.277%	$8.5M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0186%	8h	61.093	−0.321%	$43.8M	$84.6M	50x	as long as short
Lighter DRAM	+0.0200%	1h	61.137	−0.250%	$1.1M	$1.2M	20x	as long as short