Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0133%/8h= +14.6% APRpaid last 24h +0.020%

Price spread now: Extended against Aster+0.143%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$330.329% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.143%, 7d avg −0.027%

Together, before fees−0.103%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.171% dearer against Aster than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	61.820	0.0131	pay 0.0131% / 8h	54m 51s	$199K	$36K	20x
Short	Extended DRAM-USD	61.908	0.0264	get 0.0033% / 1h	54m 51s	$77K	$766K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.143%Rate

Funding earned: $27.95
Price spread: +0.143% → −0.027%: $17.05
Slippage, 4 orders: −$19.93
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $12.07
Costs to cover: 0.329%
Break-even: 4.0 days

Slippage from Aster: live order book, 22 min ago; Extended: live order book, 23 min ago.

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, 22 min ago	3.24 bp	19.1 bp −$19	39.8 bp −$398	doesn't fit	doesn't fit
Sell Extended live order book, 23 min ago	0.49 bp	3.3 bp −$3	7.5 bp −$75	doesn't fit	doesn't fit

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	61.920	+0.162%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.920	+0.162%	$751	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.860	+0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.880	+0.098%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0015%	4h	61.850	+0.049%	$153K	$288K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.835	+0.024%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.840	+0.033%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.890	+0.114%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.906	+0.140%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.810	−0.016%	$1.2M	$1.7M	10x	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	61.890	+0.114%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.834	+0.023%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.850	+0.049%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.790	−0.048%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.890	+0.114%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.897	+0.125%	$4K	—	10x	as long as short
Aster DRAMUSDTlong	+0.0131%	8h	61.820	long leg	$199K	$36K	20x
Entropy io:DRAM	+0.0131%	1h	61.822	+0.004%	$260K	$506K	25x	as long as short
Bitget DRAMUSDT	+0.0132%	8h	61.920	+0.162%	$26.0M	$12.6M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0134%	8h	61.910	+0.146%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0153%	8h	61.860	+0.065%	$36K	$180K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0172%	8h	61.895	+0.121%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.388%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0218%	8h	61.867	+0.076%	$2.4M	$949K	—	as long as short
Lighter DRAM	+0.0224%	1h	61.921	+0.164%	$977K	$1.2M	20x	as long as short
MEXC DRAM_USDT	+0.0261%	8h	61.920	+0.162%	$11.2M	$6.4M	100x	as long as short
Bybit DRAMUSDT	+0.0261%	8h	61.980	+0.259%	$9.3M	$10.4M	100x	as long as short
Extended DRAM-USDshort	+0.0264%	1h	61.908	+0.143%	$77K	$766K	10x
Binance DRAMUSDT	+0.0266%	8h	61.920	+0.162%	$43.9M	$82.4M	50x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.904	+0.137%	$456K	$475K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0332%	1h	61.914	+0.153%	$80.2M	$39.9M	20x	as long as short
BloFin DRAM-USDT	+0.0528%	8h	61.920	+0.162%	$295K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0558%	1h	61.920	+0.162%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.890	+0.114%	$51K	$89K	10x	as long as short