Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.005%

Price spread now: Pacifica against Aster+0.058%58s7-day average — · you sell dearer than you buy

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

Long on Aster Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.058% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	61.500	0.0049	pay 0.0049% / 8h	2h 53m	$201K	$33K	20x
Short	Pacifica DRAM	61.536	0.0100	get 0.0013% / 1h	53m 46s	$75K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.058%Rate

Funding earned: $10.71
Price spread: +0.058% → 0.000%: $5.85
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $0.55
Costs to cover: 0.160%
Break-even: 6.6 days

Slippage unknown: Aster: live order book, 32 min ago; Pacifica: 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, 32 min ago	2.44 bp	11.2 bp −$11	30.0 bp −$300	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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 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	61.540	+0.065%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.530	+0.049%	$652	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.650	+0.244%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.540	+0.065%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0017%	4h	61.538	+0.062%	$152K	$288K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0036%	8h	61.520	+0.033%	$5.4M	$4.8M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	61.522	+0.036%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.480	−0.033%	—	$797	10x	as long as short
Aster DRAMUSDTlong	+0.0049%	8h	61.500	long leg	$201K	$33K	20x
Polymarket Perps DRAM-USD	+0.0050%	1h	61.511	+0.018%	$203K	$1.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	61.535	+0.057%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.500	0.000%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.530	+0.049%	$1.0M	$71K	10x	as long as short
Bitget DRAMUSDT	+0.0092%	8h	61.530	+0.049%	$25.9M	$12.6M	20x	as long as short
Pacifica DRAMshort	+0.0100%	1h	61.536	+0.058%	$75K	$40K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	61.510	+0.016%	$3.0M	$482K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.560	+0.098%	$22K	$181K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.570	+0.114%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.552	+0.085%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0117%	8h	61.535	+0.056%	$2.4M	$1.0M	—	as long as short
GRVT DRAM_USDT_Perp	+0.0127%	8h	61.548	+0.079%	$35K	$194K	10x	as long as short
BloFin DRAM-USDT	+0.0134%	8h	61.520	+0.033%	$296K	$26K	20x	as long as short
Bybit DRAMUSDT	+0.0152%	8h	61.550	+0.081%	$9.1M	$10.2M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0168%	8h	61.532	+0.052%	—	—	5x	as long as short
Extended DRAM-USD	+0.0176%	1h	61.534	+0.055%	$102K	$741K	10x	as long as short
MEXC DRAM_USDT	+0.0178%	8h	61.540	+0.065%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0183%	8h	61.538	+0.061%	$43.7M	$82.6M	50x	as long as short
Entropy io:DRAM	+0.0218%	1h	61.496	−0.007%	$252K	$514K	25x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	+0.016%	$510K	$44K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0253%	1h	61.510	+0.016%	$78.9M	$39.8M	20x	as long as short
Lighter DRAM	+0.0256%	1h	61.534	+0.055%	$989K	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0400%	1h	61.540	+0.065%	$13K	$9K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.535	+0.058%	$474K	$440K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.530	+0.049%	$50K	$97K	10x	as long as short