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+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.051%
Price spread now: ApeX Omni against Arcus+0.049%53s7-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 +$2 a day on $10k at the current rate, and ApeX Omni is 0.049% dearer against Arcus than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus DRAM-USD61.1600.0040pay 0.0005% / 1h50m 11s$59K$80K10x
ShortApeX Omni DRAMUSDT61.1900.0100get 0.0013% / 1h50m 11s$21K$186K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Arcus. 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
$12.54
Price spread: +0.049% → 0.000%
$4.91
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$2.95
Costs to cover
0.145%
Break-even
5.4 days
Slippage unknown: Arcus: no order-book sample; ApeX Omni: live order book, 54 min ago. 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 Arcus no order-book sample
Sell ApeX Omni live order book, 54 min ago26.89 bp45.7 bp −$46208.0 bp −$2,080doesn't fitdoesn't fit
Arcus: 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%8h61.110−0.082%$9.5M$11.2M100xas long as short
RISEx DRAM/USDC0.0000%1h61.204+0.071%$460K$367K20xas long as short
Bitget DRAMUSDT0.0000%8h61.110−0.082%$26.7M$17.0M20xas long as short
SunX DRAM-USDT0.0000%8h61.220+0.098%$972$2.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.210+0.082%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.080−0.131%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.201+0.068%$1K$26K5xas long as short
QFEX DRAM-USD+0.0032%1h61.170+0.016%$1.0M$98K10xas long as short
Lighter DRAM+0.0032%1h61.070−0.147%$1.1M$1.4M20xas long as short
Gate DRAM_USDT+0.0032%8h61.110−0.082%$7.9M$3.4M75xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DRAM-USDlong+0.0040%1h61.160long leg$59K$80K10x
edgeX DRAMUSDC+0.0046%4h61.218+0.095%$149K$299K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.120−0.065%10xas long as short
Entropy io:DRAM+0.0050%1h61.144−0.026%$300K$1.7M25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.195+0.057%$255K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.150−0.016%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.150−0.016%$1.1M$3.7M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0077%1h61.120−0.065%$12K$4K20xas long as short
Pacifica DRAM+0.0100%1h61.201+0.067%$75K$31K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.120−0.065%$3.0M$409K20xas long as short
ApeX Omni DRAMUSDTshort+0.0100%1h61.190+0.049%$21K$186K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.170+0.016%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0103%8h61.185+0.041%5xas long as short
Aevo DRAM-PERP+0.0104%1h61.151−0.015%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0124%1h61.195+0.057%$79.3M$38.4M20xas long as short
OKX DRAM-USDT-SWAP+0.0169%8h61.100−0.098%$5.5M$6.4M50xas long as short
Aster DRAMUSDT+0.0175%8h61.165+0.009%$195K$28K20xas long as short
Variational Omni DRAM+0.0214%8h61.209+0.080%$2.2M$686Kas long as short
Coinbase International DRAM-PERP-INTX+0.0216%1h61.140−0.033%$536K$91K20xas long as short
Binance DRAMUSDT+0.0268%8h61.137−0.037%$44.2M$98.5M50xas long as short
MEXC DRAM_USDT+0.0270%8h61.120−0.065%$9.7M$5.5M100xas long as short
Extended DRAM-USD+0.0272%1h61.134−0.042%$100K$487K10xas long as short
GRVT DRAM_USDT_Perp+0.0297%8h61.240+0.131%$36K$230K10xas long as short
BloFin DRAM-USDT+0.0674%8h61.240+0.131%$307K$27K20xas long as short