Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0432%/8h= −47.3% APRpaid last 24h +0.040%

Price spread now: Arcus against Aster−0.108%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Arcus is 0.108% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	62.267	0.0472	pay 0.0472% / 8h	6h 28m	$200K	$36K	20x
Short	Arcus DRAM-USD	62.200	0.0040	get 0.0005% / 1h	28m 47s	$51K	$82K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.108%Rate

Funding earned: −$90.64
Price spread: −0.108% → 0.000%: −$10.77
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$113.91
Costs to cover: 0.125%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 38 min ago; Arcus: 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, 38 min ago	2.40 bp	11.7 bp −$12	38.0 bp −$380	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

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 33 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
SunX DRAM-USDT	0.0000%	8h	62.220	−0.076%	$925	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.190	−0.124%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.220	−0.076%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.186	−0.130%	$1K	$34K	5x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	62.204	−0.102%	$151K	$298K	20x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	62.200	−0.108%	$51K	$82K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	62.200	−0.108%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.220	−0.076%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.228	−0.063%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.216	−0.082%	$2K	$15K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.170	−0.156%	$1.2M	$1.9M	10x	as long as short
Entropy io:DRAM	+0.0056%	1h	62.184	−0.133%	$253K	$435K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0072%	1h	62.210	−0.092%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.204	−0.102%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.220	−0.076%	$3.0M	$406K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.240	−0.043%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.250	−0.027%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.240	−0.044%	$4K	—	10x	as long as short
Lighter DRAM	+0.0152%	1h	62.212	−0.088%	$966K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.220%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0182%	8h	62.223	−0.071%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0228%	8h	62.240	−0.043%	$5.5M	$4.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0237%	1h	62.199	−0.109%	$81.9M	$36.9M	20x	as long as short
Bitget DRAMUSDT	+0.0301%	8h	62.230	−0.060%	$26.0M	$13.0M	20x	as long as short
Bybit DRAMUSDT	+0.0355%	8h	62.270	+0.005%	$9.6M	$10.1M	100x	as long as short
Aster DRAMUSDTlong	+0.0472%	8h	62.267	long leg	$200K	$36K	20x
GRVT DRAM_USDT_Perp	+0.0484%	8h	62.213	−0.087%	$36K	$152K	10x	as long as short
Variational Omni DRAM	+0.0565%	8h	62.205	−0.099%	$2.4M	$759K	—	as long as short
Gate DRAM_USDT	+0.0572%	8h	62.260	−0.011%	$8.2M	$3.4M	75x	as long as short
Binance DRAMUSDT	+0.0598%	8h	62.235	−0.051%	$44.7M	$82.3M	50x	as long as short
MEXC DRAM_USDT	+0.0599%	8h	62.240	−0.043%	$9.7M	$5.9M	100x	as long as short
Extended DRAM-USD	+0.0600%	1h	62.219	−0.078%	$75K	$669K	10x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.262	−0.008%	$448K	$504K	20x	as long as short