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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni−0.376%52s7-day average −0.125% · you buy dearer than you sell
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 7 days−0.085%−$9 on $10k
Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.376%, 7d avg −0.125%
Together, before fees+0.162%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.251% cheaper against ApeX Omni than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.125%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DRAMUSDT61.2300.0100pay 0.0013% / 1h47m 43s$21K$186K50x
ShortOndo Perps DRAM-USD.P61.0000.0050get 0.0006% / 1h47m 43s$1.1M$3.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$10.42
Price spread: −0.376% → −0.125%
−$25.1
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$50.52
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 56 min ago; Ondo Perps: 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, 56 min ago26.89 bp40.4 bp −$40215.1 bp −$2,151doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DRAMUSDT0.0000%8h61.137−0.152%$9.5M$11.2M100xas long as short
RISEx DRAM/USDC0.0000%1h61.107−0.201%$459K$368K20xas long as short
Bitget DRAMUSDT0.0000%8h61.130−0.163%$26.7M$17.0M20xas long as short
SunX DRAM-USDT0.0000%8h61.120−0.180%$921$2.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.050−0.294%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.110−0.196%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0013%4h61.204−0.042%$149K$299K20xas long as short
Aftermath Perps DRAMUSD+0.0027%1h61.128−0.167%$1K$26K5xas long as short
Gate DRAM_USDT+0.0030%8h61.140−0.147%$7.9M$3.5M75xas long as short
QFEX DRAM-USD+0.0032%1h61.080−0.245%$998K$98K10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter DRAM+0.0032%1h61.150−0.131%$1.1M$1.4M20xas long as short
Arcus DRAM-USD+0.0040%1h61.050−0.294%$59K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.060−0.278%10xas long as short
Entropy io:DRAM+0.0050%1h61.093−0.224%$299K$1.7M25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.060−0.278%$254K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.086−0.235%$2K$15K20xas long as short
Ondo Perps DRAM-USD.Pshort+0.0050%1h61.000−0.376%$1.1M$3.7M10x
Deribit DRAM_USDC-PERPETUAL+0.0077%1h61.100−0.212%$12K$4K20xas long as short
Pacifica DRAM+0.0100%1h61.091−0.227%$74K$31K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.100−0.212%$3.0M$410K20xas long as short
ApeX Omni DRAMUSDTlong+0.0100%1h61.230long leg$21K$186K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.130−0.163%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0101%8h61.094−0.222%5xas long as short
Aevo DRAM-PERP+0.0104%1h61.120−0.179%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0122%1h61.101−0.211%$79.2M$38.6M20xas long as short
OKX DRAM-USDT-SWAP+0.0166%8h61.140−0.147%$5.4M$6.4M50xas long as short
Aster DRAMUSDT+0.0171%8h61.143−0.141%$195K$28K20xas long as short
Variational Omni DRAM+0.0214%8h61.209−0.035%$2.2M$686Kas long as short
Coinbase International DRAM-PERP-INTX+0.0216%1h61.140−0.147%$536K$91K20xas long as short
Binance DRAMUSDT+0.0262%8h61.130−0.163%$44.2M$98.8M50xas long as short
Extended DRAM-USD+0.0264%1h61.109−0.197%$98K$604K10xas long as short
MEXC DRAM_USDT+0.0267%8h61.110−0.196%$9.7M$5.6M100xas long as short
GRVT DRAM_USDT_Perp+0.0271%8h61.228−0.004%$36K$229K10xas long as short
BloFin DRAM-USDT+0.0674%8h61.090−0.229%$306K$27K20xas long as short