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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0132%/8h= +14.5% APRnext payment +$1.32 per $10,000 · paid last 24h +0.021%
Price spread now: MEXC against Aster+0.039%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.039%, 7d avg 0.000%
Together, before fees+0.067%+ Points / potential airdropAster: Stage 5 · farm board+$7 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 MEXC is 0.039% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT61.9160.0144pay 0.0144% / 8h51m 33s$199K$36K20x
ShortMEXC DRAM_USDT61.9400.0276get 0.0276% / 8h51m 33s$11.2M$6.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$27.79
Price spread: +0.039% → 0.000%
$3.87
Slippage, 4 orders
−$19.96
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
$3.7
Costs to cover
0.280%
Break-even
6.1 days
Slippage from Aster: live order book, 25 min ago; MEXC: live order book, 2 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, 25 min ago3.24 bp19.1 bp −$1939.8 bp −$398doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.81 bp0.8 bp −$10.9 bp −$95.2 bp −$517doesn'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
Gate DRAM_USDT0.0000%8h61.950+0.055%$8.3M$3.4M75xas long as short
SunX DRAM-USDT0.0000%8h61.920+0.007%$765$3.2M10xas long as short
HTX DRAM-USDT0.0000%8h61.900−0.026%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.880−0.058%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0035%1h61.860−0.090%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.910−0.009%$79710xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.928+0.020%$211K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.931+0.024%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.900−0.026%$1.2M$1.8M10xas long as short
edgeX DRAMUSDC+0.0053%4h61.904−0.019%$153K$289K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0079%1h61.930+0.023%$1.0M$80K10xas long as short
Pacifica DRAM+0.0100%1h61.944+0.045%$76K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.890−0.042%$3.0M$474K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.790−0.203%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.930+0.023%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.947+0.051%$4K10xas long as short
OKX DRAM-USDT-SWAP+0.0135%8h61.950+0.055%$5.4M$4.6M50xas long as short
Bitget DRAMUSDT+0.0136%8h61.950+0.055%$26.0M$12.7M20xas long as short
Aster DRAMUSDTlong+0.0144%8h61.916long leg$199K$36K20x
GRVT DRAM_USDT_Perp+0.0159%8h61.910−0.009%$36K$178K10xas long as short
Paradex DRAM-USD-PERP+0.0170%8h61.943+0.044%5xas long as short
Entropy io:DRAM+0.0183%1h61.891−0.040%$258K$501K25xas long as short
Lighter DRAM+0.0192%1h61.935+0.031%$977K$1.2M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0192%1h61.580−0.542%$510K$43K20xas long as short
Variational Omni DRAM+0.0218%8h61.867−0.079%$2.4M$949Kas long as short
Deribit DRAM_USDC-PERPETUAL+0.0235%1h61.940+0.039%$13K$9K20xas long as short
Bybit DRAMUSDT+0.0266%8h61.980+0.104%$9.3M$10.4M100xas long as short
MEXC DRAM_USDTshort+0.0276%8h61.940+0.039%$11.2M$6.4M100x
Binance DRAMUSDT+0.0278%8h61.940+0.039%$43.9M$82.3M50xas long as short
Extended DRAM-USD+0.0280%1h61.928+0.019%$77K$766K10xas long as short
RISEx DRAM/USDC+0.0295%1h61.945+0.048%$457K$475K20xas long as short
tradeXYZ xyz:DRAM+0.0299%1h61.939+0.037%$80.3M$39.8M20xas long as short
BloFin DRAM-USDT+0.0535%8h61.940+0.039%$295K$27K20xas long as short
Arcus DRAM-USD+0.0680%1h61.930+0.023%$50K$89K10xas long as short