Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h —

Price spread now: Paradex against Aster−0.041%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Funding pays, the price is against you. Paradex is 0.041% cheaper against Aster than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	61.148	0.0060	pay 0.0060% / 8h	2h 15m	$197K	$35K	20x
Short	Paradex DRAM-USD-PERP	61.123	0.0106	get 0.0106% / 8h	2h 15m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.041%Rate

Funding earned: $9.65
Price spread: −0.041% → 0.000%: −$4.09
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$6.43
Costs to cover: 0.120%
Break-even: 11.7 days

Slippage unknown: Aster: live order book, 31 min ago; Paradex: 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, 31 min ago	3.24 bp	13.6 bp −$14	37.4 bp −$374	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Bitget DRAMUSDT	−0.0518%	8h	61.160	+0.019%	$25.9M	$14.1M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.132	−0.027%	$423K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.235	+0.141%	$36K	$195K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.110	−0.063%	$674	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.140	−0.014%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.140	−0.014%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0005%	8h	61.151	+0.004%	$9.4M	$10.2M	100x	as long as short
Gate DRAM_USDT	+0.0017%	8h	61.170	+0.035%	$8.0M	$3.7M	75x	as long as short
Aftermath Perps DRAMUSD	+0.0026%	1h	61.133	−0.026%	$1K	$31K	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0039%	8h	61.140	−0.014%	$5.4M	$5.6M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.140	−0.014%	$48K	$69K	10x	as long as short
edgeX DRAMUSDC	+0.0042%	4h	61.185	+0.059%	$148K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.100	−0.079%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.120	−0.047%	$995K	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.090	−0.096%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.145	−0.006%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.120	−0.047%	$1.1M	$3.3M	10x	as long as short
Aster DRAMUSDTlong	+0.0060%	8h	61.148	long leg	$197K	$35K	20x
Entropy io:DRAM	+0.0069%	1h	61.108	−0.066%	$168K	$470K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.120	−0.047%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.092	−0.092%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.100	−0.079%	$3.0M	$409K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.100	−0.079%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.130	−0.030%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.145	−0.006%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.115	−0.055%	$2.3M	$670K	—	as long as short
Paradex DRAM-USD-PERPshort	+0.0106%	8h	61.123	−0.041%	—	—	5x
tradeXYZ xyz:DRAM	+0.0135%	1h	61.100	−0.079%	$79.1M	$36.1M	20x	as long as short
BloFin DRAM-USDT	+0.0152%	8h	61.200	+0.084%	$301K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0168%	8h	61.129	−0.032%	$43.7M	$86.3M	50x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.113	−0.057%	$76K	$188K	10x	as long as short
MEXC DRAM_USDT	+0.0168%	8h	61.130	−0.030%	$8.0M	$5.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.063%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0232%	1h	61.139	−0.015%	$1.1M	$1.2M	20x	as long as short