Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0165%/8h= −18.0% APRpaid last 24h +0.024%

Price spread now: RISEx against Aster+0.014%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$290.293% of the position

Long on Aster Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.060%+$6 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.014%, 7d avg +0.007%

Together, before fees+0.084%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.060%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	61.945	0.0165	pay 0.0165% / 8h	3h 28m	$199K	$35K	20x
Short	RISEx DRAM/USDC	61.953	0	get 0.0000% / 1h	28m 50s	$436K	$500K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$34.58
Price spread: +0.014% → +0.007%: $0.75
Slippage, 4 orders: −$15.28
Fee Aster: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$63.11
Costs to cover: 0.293%
Break-even: never at this rate

Slippage from Aster: live order book, 23 min ago; RISEx: live order book, 25 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, 23 min ago	1.61 bp	13.7 bp −$14	39.1 bp −$391	doesn't fit	doesn't fit
Sell RISEx live order book, 25 min ago	0.64 bp	3.6 bp −$4	5.3 bp −$53	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
RISEx DRAM/USDCshort	0.0000%	1h	61.953	+0.014%	$436K	$500K	20x
Bitget DRAMUSDT	0.0000%	8h	62.010	+0.106%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.003	+0.094%	$36K	$186K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.020	+0.122%	$642	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.056%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.970	+0.041%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0018%	4h	61.970	+0.041%	$150K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0022%	1h	61.944	0.000%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.970	+0.041%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.930	−0.024%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.930	−0.024%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.924	−0.033%	$165K	$454K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.941	−0.006%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.957	+0.020%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.920	−0.040%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0065%	8h	61.980	+0.057%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0085%	8h	61.929	−0.026%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0088%	8h	61.991	+0.075%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.967	+0.036%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.940	−0.007%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.950	+0.009%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.960	+0.025%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.969	+0.039%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.267%	$533K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0135%	1h	61.957	+0.020%	$80.7M	$35.6M	20x	as long as short
Aster DRAMUSDTlong	+0.0165%	8h	61.945	long leg	$199K	$35K	20x
Lighter DRAM	+0.0192%	1h	61.968	+0.038%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0226%	8h	61.974	+0.048%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0234%	1h	61.950	+0.009%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0260%	8h	61.960	+0.025%	$300K	$26K	20x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.936	−0.014%	$76K	$586K	10x	as long as short
Binance DRAMUSDT	+0.0281%	8h	61.957	+0.020%	$44.5M	$81.1M	50x	as long as short
MEXC DRAM_USDT	+0.0282%	8h	61.950	+0.009%	$8.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0466%	8h	61.990	+0.073%	$8.1M	$3.5M	75x	as long as short