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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.057%
Price spread now: BloFin against Aster+0.029%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.029%, 7d avg +0.008%
Together, before fees+0.040%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.021% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT60.8330get 0.0000% / 8h7h 58m$195K$39K20x
ShortBloFin DRAM-USDT60.8500.0063get 0.0063% / 8h7h 58m$298K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$13.16
Price spread: +0.029% → +0.008%
$2.1
Slippage, 4 orders
−$19.74
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.48
Costs to cover
0.397%
Break-even
20.0 days
Slippage from Aster: live order book, 38 min ago; BloFin: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 38 min ago1.64 bp13.4 bp −$1354.5 bp −$545doesn't fitdoesn't fit
Sell BloFin live order book, 16 min ago0.82 bp7.0 bp −$712.4 bp −$12442.0 bp −$4,201doesn't fit

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
Bitget DRAMUSDT−0.0761%8h60.840+0.012%$26.5M$15.2M20xas long as short
Entropy io:DRAM−0.0260%1h60.806−0.044%$179K$480K25xas long as short
Aster DRAMUSDTlong0.0000%8h60.833long leg$195K$39K20x
RISEx DRAM/USDC0.0000%1h60.801−0.052%$421K$339K20xas long as short
Gate DRAM_USDT0.0000%8h60.810−0.037%$7.9M$3.6M75xas long as short
Variational Omni DRAM0.0000%8h60.847+0.023%$2.3M$589Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.872+0.064%$36K$209K10xas long as short
SunX DRAM-USDT0.0000%8h60.800−0.053%$992$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.800−0.053%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.780−0.086%$1.7M$1.3M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DRAM-USD+0.0008%1h60.787−0.075%$74K$198K10xas long as short
Binance DRAMUSDT+0.0011%8h60.798−0.056%$43.7M$89.1M50xas long as short
MEXC DRAM_USDT+0.0011%8h60.800−0.053%$8.4M$5.4M100xas long as short
OKX DRAM-USDT-SWAP+0.0014%8h60.820−0.021%$5.4M$6.0M50xas long as short
Aftermath Perps DRAMUSD+0.0039%1h60.810−0.037%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.800−0.053%$47K$67K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.570−0.432%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.793−0.065%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.819−0.022%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.740−0.152%$1.1M$3.5M10xas long as short
QFEX DRAM-USD+0.0053%1h60.840+0.012%$992K$84K10xas long as short
BloFin DRAM-USDTshort+0.0063%8h60.850+0.029%$298K$26K20x
edgeX DRAMUSDC+0.0067%4h60.866+0.056%$148K$299K20xas long as short
Paradex DRAM-USD-PERP+0.0099%8h60.818−0.024%5xas long as short
Pacifica DRAM+0.0100%1h60.814−0.030%$73K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.930+0.160%$3.0M$419K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.890+0.094%$21K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.810−0.037%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.806−0.043%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0147%1h60.756−0.126%$78.7M$35.8M20xas long as short
Bybit DRAMUSDT+0.0228%8h60.840+0.012%$9.6M$10.5M100xas long as short
Coinbase International DRAM-PERP-INTX+0.0248%1h60.940+0.177%$523K$75K20xas long as short
Lighter DRAM+0.0296%1h60.824−0.014%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0408%1h60.820−0.021%$13K$3K20xas long as short