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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0112%/8h= +12.2% APRnext payment +$0.14 per $10,000 · paid last 24h −0.034%
Price spread now: Coinbase International against Arcus−0.048%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 0.048% cheaper against Arcus than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 34 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus DRAM-USD62.3600.0040pay 0.0005% / 1h46m 49s$51K$79K10x
ShortCoinbase International DRAM-PERP-INTX62.3300.0152get 0.0019% / 1h46m 49s$535K$75K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$23.46
Price spread: −0.048% → 0.000%
−$4.81
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$4.15
Costs to cover
0.145%
Break-even
5.8 days
Slippage unknown: Arcus: no order-book sample; Coinbase International: live order book, 11 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 Coinbase International live order book, 11 min ago2.40 bp8.2 bp −$813.1 bp −$131doesn'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 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%1h62.392+0.051%$442K$501K20xas long as short
SunX DRAM-USDT0.0000%8h62.390+0.048%$1K$2.7M10xas long as short
HTX DRAM-USDT0.0000%8h62.340−0.032%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.380+0.032%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0011%4h62.357−0.005%$151K$298K20xas long as short
Aftermath Perps DRAMUSD+0.0026%1h62.351−0.015%$1K$32K5xas long as short
Lighter DRAM+0.0032%1h62.373+0.021%$969K$1.0M20xas long as short
Arcus DRAM-USDlong+0.0040%1h62.360long leg$51K$79K10x
Vest DRAM-USD-PERP+0.0046%1h62.3600.000%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.362+0.003%$267K$1.3M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX DRAM-USD+0.0050%1h62.372+0.019%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.300−0.096%$1.1M$2.2M10xas long as short
QFEX DRAM-USD+0.0052%1h62.380+0.032%$1.0M$78K10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0071%1h62.380+0.032%$13K$3K20xas long as short
GRVT DRAM_USDT_Perp+0.0099%8h62.398+0.061%$37K$165K10xas long as short
Pacifica DRAM+0.0100%1h62.351−0.014%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.380+0.032%$3.0M$393K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.370+0.016%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.410+0.080%$9K10xas long as short
tradeXYZ xyz:DRAM+0.0100%1h62.357−0.005%$81.8M$35.6M20xas long as short
Paradex DRAM-USD-PERP+0.0103%8h62.377+0.027%5xas long as short
Aevo DRAM-PERP+0.0104%1h62.403+0.070%$4K10xas long as short
Bitget DRAMUSDT+0.0109%8h62.390+0.048%$26.3M$13.2M20xas long as short
OKX DRAM-USDT-SWAP+0.0151%8h62.400+0.064%$5.5M$4.4M50xas long as short
Coinbase International DRAM-PERP-INTXshort+0.0152%1h62.330−0.048%$535K$75K20x
Entropy io:DRAM+0.0182%1h62.364+0.006%$238K$417K25xas long as short
Bybit DRAMUSDT+0.0213%8h62.412+0.083%$9.7M$9.9M100xas long as short
Aster DRAMUSDT+0.0329%8h62.394+0.055%$201K$35K20xas long as short
Variational Omni DRAM+0.0419%8h62.374+0.023%$2.4M$717Kas long as short
Binance DRAMUSDT+0.0447%8h62.400+0.064%$44.9M$80.5M50xas long as short
Extended DRAM-USD+0.0448%1h62.374+0.022%$75K$636K10xas long as short
MEXC DRAM_USDT+0.0450%8h62.390+0.048%$9.2M$5.4M100xas long as short
Gate DRAM_USDT+0.0607%8h62.420+0.096%$8.2M$3.5M75xas long as short
BloFin DRAM-USDT+0.0607%8h62.420+0.096%$303K$26K20xas long as short