Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0211%/8h= −23.1% APRpaid last 24h −0.005%

Price spread now: Aevo against Aster+0.084%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.084% dearer against Aster than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	62.010	0.0315	pay 0.0315% / 8h	3m 49s	$199K	$36K	20x
Short	Aevo DRAM-PERP	62.062	0.0104	get 0.0013% / 1h	3m 49s	$4K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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 AsterbpFee AevobpOrdersPrice spread, now +0.084%Rate

Funding earned: −$44.26
Price spread: +0.084% → 0.000%: $8.41
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$59.85
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 8 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 8 min ago	3.23 bp	16.9 bp −$17	42.6 bp −$426	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate DRAM_USDT	0.0000%	8h	62.040	+0.048%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.040	+0.048%	$452	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.020	+0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.020	+0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	61.998	−0.019%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.960	−0.081%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.016	+0.010%	$215K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.035	+0.040%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.970	−0.065%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0058%	4h	62.029	+0.030%	$153K	$290K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	62.030	+0.032%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.986	−0.039%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.980	−0.048%	$3.0M	$470K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.100	+0.145%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.050	+0.065%	$9K	—	10x	as long as short
Aevo DRAM-PERPshort	+0.0104%	1h	62.062	+0.084%	$4K	—	10x
OKX DRAM-USDT-SWAP	+0.0185%	8h	62.020	+0.016%	$5.4M	$4.6M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.880	−0.210%	$535K	$94K	20x	as long as short
Bitget DRAMUSDT	+0.0195%	8h	62.020	+0.016%	$26.2M	$12.7M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0221%	8h	62.038	+0.046%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0234%	1h	62.020	+0.016%	$13K	$9K	20x	as long as short
Lighter DRAM	+0.0248%	1h	62.040	+0.048%	$960K	$1.2M	20x	as long as short
Entropy io:DRAM	+0.0288%	1h	62.048	+0.061%	$252K	$492K	25x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	62.057	+0.076%	$457K	$476K	20x	as long as short
Bybit DRAMUSDT	+0.0299%	8h	62.040	+0.048%	$9.3M	$10.5M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0302%	1h	61.997	−0.021%	$81.0M	$40.7M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0303%	8h	61.990	−0.032%	$36K	$170K	10x	as long as short
Aster DRAMUSDTlong	+0.0315%	8h	62.010	long leg	$199K	$36K	20x
Variational Omni DRAM	+0.0410%	8h	62.037	+0.043%	$2.4M	$948K	—	as long as short
Extended DRAM-USD	+0.0448%	1h	61.999	−0.019%	$78K	$768K	10x	as long as short
MEXC DRAM_USDT	+0.0449%	8h	62.000	−0.016%	$11.2M	$6.5M	100x	as long as short
Binance DRAMUSDT	+0.0449%	8h	62.010	0.000%	$43.7M	$82.8M	50x	as long as short
Arcus DRAM-USD	+0.0680%	1h	62.030	+0.032%	$50K	$90K	10x	as long as short
BloFin DRAM-USDT	+0.0736%	8h	62.060	+0.081%	$295K	$27K	20x	as long as short