Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against ApeX Omni0.000%7-day average −0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1421.424% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 3 days (all we have)−0.067%−$7 · spread now 0.000%, 7d avg −0.051%

Together, before fees−0.083%−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.051% dearer against ApeX Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	61.770	0.0100	pay 0.0013% / 1h	5m 04s	$22K	$184K	50x
Short	KuCoin DRAMUSDTM	61.770	0.0100	get 0.0100% / 8h	1h 05m	$3.0M	$477K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.051%: $5.07
Slippage, 4 orders: −$120.39
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$137.33
Costs to cover: 1.424%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 11 min ago; KuCoin: live order book, 2 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, 11 min ago	30.75 bp	45.7 bp −$46	208.8 bp −$2,088	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	0.81 bp	21.4 bp −$21	doesn't fit	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
Gate DRAM_USDT	0.0000%	8h	61.800	+0.049%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.790	+0.032%	$885	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.760	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.800	+0.049%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	0.0000%	4h	61.763	−0.012%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.766	−0.006%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.740	−0.049%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.718	−0.084%	$260K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.770	0.000%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.787	+0.028%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.730	−0.065%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.780	+0.016%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.737	−0.053%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	61.770	0.000%	$3.0M	$477K	20x
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.770	long leg	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	+0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.802	+0.051%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0111%	8h	61.747	−0.037%	$199K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0116%	8h	61.780	+0.016%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0120%	8h	61.800	+0.049%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0139%	8h	61.782	+0.019%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0156%	8h	61.785	+0.025%	—	—	5x	as long as short
Variational Omni DRAM	+0.0201%	8h	61.767	−0.005%	$2.4M	$938K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.308%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0240%	8h	61.846	+0.123%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0244%	8h	61.790	+0.032%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0245%	8h	61.798	+0.045%	$43.9M	$82.7M	50x	as long as short
Extended DRAM-USD	+0.0248%	1h	61.778	+0.013%	$77K	$766K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.793	+0.037%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0272%	1h	61.796	+0.042%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0286%	1h	61.779	+0.015%	$79.3M	$39.3M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.780	+0.016%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0476%	8h	61.760	−0.016%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.770	0.000%	$50K	$91K	10x	as long as short