Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0299%/8h= +32.7% APRnext payment +$0.37 per $10,000 · paid last 24h +0.063%
Price spread now: Deribit against ApeX Omni+0.032%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Deribit is 0.032% dearer against ApeX Omni than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DRAMUSDT61.6800.0100pay 0.0013% / 1h52m 56s$22K$184K50x
ShortDeribit DRAM_USDC-PERPETUAL61.7000.0399get 0.0050% / 1h52m 56s$13K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$62.73
Price spread: +0.032% → 0.000%
$3.24
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$48.97
Costs to cover
0.170%
Break-even
1.5 days
Slippage unknown: ApeX Omni: live order book, 58 min ago; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 58 min ago22.53 bp35.3 bp −$35208.5 bp −$2,085doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx DRAM/USDC0.0000%1h61.700+0.032%$434K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h61.730+0.081%$26.1M$13.9M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.610−0.113%$37K$189K10xas long as short
SunX DRAM-USDT0.0000%8h61.710+0.049%$919$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.670−0.016%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.710+0.049%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0018%4h61.622−0.093%$149K$298K20xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.589−0.147%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.600−0.130%$48K$76K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.670−0.016%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0050%1h61.700+0.032%$1.0M$84K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.684+0.006%$259K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.703+0.037%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.600−0.130%$1.1M$2.5M10xas long as short
OKX DRAM-USDT-SWAP+0.0057%8h61.750+0.113%$5.5M$4.7M50xas long as short
Bybit DRAMUSDT+0.0062%8h61.759+0.128%$9.5M$10.0M100xas long as short
Pacifica DRAM+0.0100%1h61.660−0.033%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.6800.000%$3.0M$401K20xas long as short
ApeX Omni DRAMUSDTlong+0.0100%1h61.680long leg$22K$184K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.700+0.032%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.706+0.042%$4K10xas long as short
Entropy io:DRAM+0.0104%1h61.612−0.110%$170K$465K25xas long as short
Aster DRAMUSDT+0.0112%8h61.731+0.083%$199K$35K20xas long as short
Paradex DRAM-USD-PERP+0.0113%8h61.692+0.019%5xas long as short
Variational Omni DRAM+0.0175%8h61.664−0.026%$2.4M$618Kas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.510−0.276%$528K$74K20xas long as short
Lighter DRAM+0.0216%1h61.721+0.066%$1.1M$1.2M20xas long as short
Extended DRAM-USD+0.0224%1h61.703+0.038%$74K$238K10xas long as short
Binance DRAMUSDT+0.0225%8h61.740+0.097%$44.2M$83.2M50xas long as short
MEXC DRAM_USDT+0.0226%8h61.730+0.081%$9.0M$5.5M100xas long as short
BloFin DRAM-USDT+0.0227%8h61.720+0.065%$300K$26K20xas long as short
tradeXYZ xyz:DRAM+0.0253%1h61.708+0.045%$80.2M$35.5M20xas long as short
Gate DRAM_USDT+0.0270%8h61.750+0.113%$8.1M$3.6M75xas long as short
Deribit DRAM_USDC-PERPETUALshort+0.0399%1h61.700+0.032%$13K$3K20x