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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.006%
Price spread now: Entropy against Aster−0.212%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$520.518% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.086%+$9 on $10k
Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.212%, 7d avg −0.004%
Together, before fees+0.242%+ Points / potential airdropAster: Stage 5 · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 0.208% cheaper against Aster than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of −0.004%). If the spread goes back, that is −$21 on $10k: about 14 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT60.2540get 0.0000% / 8h7h 22m$193K$39K20x
ShortEntropy io:DRAM60.1260.0050get 0.0006% / 1h22m 58s$161K$492K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
$10.5
Price spread: −0.212% → −0.004%
−$20.82
Slippage, 4 orders
−$25.79
Fee Aster: 4 bp × 2 orders
−$8
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$62.1
Costs to cover
0.518%
Break-even
48.4 days
Slippage from Aster: live order book, 9 min ago; Entropy: live order book, 22 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, 9 min ago1.66 bp16.0 bp −$1640.0 bp −$400doesn't fitdoesn't fit
Sell Entropy live order book, 22 min ago1.73 bp17.9 bp −$18doesn't fitdoesn't fitdoesn'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−0.0562%8h60.250−0.006%$26.3M$15.2M20xas long as short
Aster DRAMUSDTlong0.0000%8h60.254long leg$193K$39K20x
Extended DRAM-USD0.0000%1h60.224−0.048%$75K$246K10xas long as short
Binance DRAMUSDT0.0000%8h60.240−0.022%$43.5M$91.4M50xas long as short
Bybit DRAMUSDT0.0000%8h60.280+0.044%$9.5M$10.5M100xas long as short
RISEx DRAM/USDC0.0000%1h60.198−0.093%$415K$337K20xas long as short
Gate DRAM_USDT0.0000%8h60.250−0.006%$7.9M$3.7M75xas long as short
MEXC DRAM_USDT0.0000%8h60.230−0.039%$8.3M$5.4M100xas long as short
Variational Omni DRAM0.0000%8h60.103−0.249%$2.2M$687Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.150−0.173%$36K$210K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h60.240−0.023%$790$2.5M10xas long as short
HTX DRAM-USDT0.0000%8h60.230−0.039%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.240−0.023%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0013%8h60.260+0.011%$5.3M$6.1M50xas long as short
Arcus DRAM-USD+0.0040%1h60.220−0.056%$47K$67K10xas long as short
Aftermath Perps DRAMUSD+0.0041%1h60.176−0.129%$1K$29K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.220−0.056%10xas long as short
BloFin DRAM-USDT+0.0047%8h60.250−0.006%$301K$26K20xas long as short
Entropy io:DRAMshort+0.0050%1h60.126−0.212%$161K$492K25x
Polymarket Perps DRAM-USD+0.0050%1h60.150−0.172%$250K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.240−0.023%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.190−0.106%$1.1M$3.5M10xas long as short
QFEX DRAM-USD+0.0053%1h60.170−0.139%$980K$91K10xas long as short
edgeX DRAMUSDC+0.0077%4h60.132−0.201%$146K$299K20xas long as short
Pacifica DRAM+0.0100%1h60.205−0.080%$72K$30K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.210−0.072%$2.9M$400K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.180−0.122%$21K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.230−0.039%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.219−0.058%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0113%8h60.235−0.031%5xas long as short
tradeXYZ xyz:DRAM+0.0183%1h60.231−0.037%$78.1M$35.5M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0248%1h60.100−0.255%$527K$87K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0249%1h60.210−0.072%$12K$3K20xas long as short
Lighter DRAM+0.0288%1h60.247−0.011%$1.1M$1.2M20xas long as short