Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.026%

Price spread now: Aevo against Binance+0.012%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DRAMUSDT	61.630	0.0238	pay 0.0238% / 8h	2h 27m	$43.7M	$82.6M	50x
Short	Aevo DRAM-PERP	61.637	0.0104	get 0.0013% / 1h	27m 53s	$4K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now +0.012%Rate

Funding earned: −$28.19
Price spread: +0.012% → 0.000%: $1.19
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$53
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 15 min ago; Aevo: 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 Binance live order book, 15 min ago	0.81 bp	5.8 bp −$6	7.6 bp −$76	33.5 bp −$3,354	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	61.640	+0.016%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.630	0.000%	$868	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.610	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.630	0.000%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0036%	4h	61.628	−0.004%	$152K	$290K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.588	−0.068%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.560	−0.114%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.600	−0.049%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.629	−0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.550	−0.130%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0066%	8h	61.670	+0.065%	$5.4M	$4.9M	50x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.620	−0.016%	$1.0M	$77K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.551	−0.128%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.570	−0.097%	$3.0M	$483K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.540	−0.146%	$22K	$182K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.630	0.000%	$8K	—	10x	as long as short
Aster DRAMUSDT	+0.0100%	8h	61.585	−0.072%	$201K	$33K	20x	as long as short
Aevo DRAM-PERPshort	+0.0104%	1h	61.637	+0.012%	$4K	—	10x
Bitget DRAMUSDT	+0.0110%	8h	61.620	−0.016%	$25.9M	$12.6M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0165%	8h	61.625	−0.008%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0168%	8h	61.660	+0.049%	$9.1M	$10.2M	100x	as long as short
Variational Omni DRAM	+0.0170%	8h	61.632	+0.004%	$2.4M	$998K	—	as long as short
tradeXYZ xyz:DRAM	+0.0170%	1h	61.604	−0.042%	$79.0M	$39.7M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0177%	8h	61.621	−0.015%	$36K	$190K	10x	as long as short
Entropy io:DRAM	+0.0186%	1h	61.572	−0.094%	$249K	$503K	25x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.195%	$510K	$43K	20x	as long as short
MEXC DRAM_USDT	+0.0234%	8h	61.630	0.000%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDTlong	+0.0238%	8h	61.630	long leg	$43.7M	$82.6M	50x
Extended DRAM-USD	+0.0240%	1h	61.624	−0.011%	$102K	$741K	10x	as long as short
BloFin DRAM-USDT	+0.0246%	8h	61.640	+0.016%	$295K	$26K	20x	as long as short
Lighter DRAM	+0.0248%	1h	61.627	−0.005%	$991K	$1.2M	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.630	0.000%	$475K	$439K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0724%	1h	61.640	+0.016%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.620	−0.016%	$50K	$96K	10x	as long as short