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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h +0.007%
Price spread now: tradeXYZ against Aster+0.149%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$470.474% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.149%, 7d avg −0.039%
Together, before fees−0.071%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.189% dearer against Aster than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of −0.039%): +$19 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.113%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT62.4140.0418pay 0.0418% / 8h7h 25m$201K$36K20x
ShorttradeXYZ xyz:DRAM62.5070.0246get 0.0031% / 1h25m 32s$82.1M$39.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$36.06
Price spread: +0.149% → −0.039%
$18.86
Slippage, 4 orders
−$21.36
Fee Aster: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$64.56
Costs to cover
0.474%
Break-even
never at this rate
Slippage from Aster: live order book, 46 min ago; tradeXYZ: live order book, 4 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, 46 min ago3.23 bp16.9 bp −$1742.6 bp −$426doesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.40 bp9.7 bp −$1011.2 bp −$112doesn't fitdoesn'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
SunX DRAM-USDT0.0000%8h62.570+0.250%$1K$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.430+0.026%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.560+0.234%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0011%4h62.503+0.144%$151K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0036%1h62.418+0.007%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.480+0.106%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.507+0.149%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.535+0.194%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.450+0.058%$1.1M$1.9M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0070%1h62.520+0.170%$13K$3K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DRAM+0.0100%1h62.538+0.200%$76K$41K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.440+0.042%$3.0M$431K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.550+0.218%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.540+0.202%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.522+0.174%$4K10xas long as short
Lighter DRAM+0.0120%1h62.523+0.175%$972K$1.3M20xas long as short
QFEX DRAM-USD+0.0160%1h62.520+0.170%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.390−0.038%$540K$96K20xas long as short
Paradex DRAM-USD-PERP+0.0216%8h62.525+0.179%5xas long as short
OKX DRAM-USDT-SWAP+0.0233%8h62.550+0.218%$5.5M$4.7M50xas long as short
tradeXYZ xyz:DRAMshort+0.0246%1h62.507+0.149%$82.1M$39.6M20x
Aster DRAMUSDTlong+0.0418%8h62.414long leg$201K$36K20x
Bybit DRAMUSDT+0.0464%8h62.580+0.266%$9.6M$10.5M100xas long as short
Bitget DRAMUSDT+0.0492%8h62.530+0.186%$26.2M$12.9M20xas long as short
Variational Omni DRAM+0.0508%8h62.525+0.178%$2.4M$750Kas long as short
Entropy io:DRAM+0.0532%1h62.391−0.036%$254K$463K25xas long as short
MEXC DRAM_USDT+0.0543%8h62.530+0.186%$9.8M$6.7M100xas long as short
Extended DRAM-USD+0.0544%1h62.516+0.164%$76K$769K10xas long as short
Binance DRAMUSDT+0.0550%8h62.538+0.199%$44.7M$81.9M50xas long as short
Arcus DRAM-USD+0.0606%1h62.440+0.042%$51K$82K10xas long as short
Gate DRAM_USDT+0.0767%8h62.540+0.202%$8.3M$3.5M75xas long as short
GRVT DRAM_USDT_Perp+0.0910%8h62.542+0.206%$37K$155K10xas long as short
BloFin DRAM-USDT+0.0922%8h62.550+0.218%$299K$26K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.529+0.185%$462K$495K20xas long as short