Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0237%/8h= −25.9% APRpaid last 24h −0.031%

Price spread now: Aftermath Perps against Binance−0.118%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aftermath Perps is 0.118% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DRAMUSDT	61.930	0.0272	pay 0.0272% / 8h	52m 53s	$43.9M	$82.3M	50x
Short	Aftermath Perps DRAMUSD	61.857	0.0035	get 0.0004% / 1h	52m 53s	$1K	$36K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$49.68
Price spread: −0.118% → 0.000%: −$11.82
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$80.5
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 min ago; Aftermath Perps: 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, 5 min ago	0.81 bp	5.8 bp −$6	7.2 bp −$72	27.6 bp −$2,765	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	61.940	+0.016%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.930	0.000%	$726	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.860	−0.113%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.880	−0.081%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSDshort	+0.0035%	1h	61.857	−0.118%	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.860	−0.113%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.904	−0.042%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.935	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.810	−0.194%	$1.2M	$1.7M	10x	as long as short
edgeX DRAMUSDC	+0.0053%	4h	61.904	−0.042%	$153K	$289K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.910	−0.032%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.869	−0.098%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.880	−0.081%	$3.0M	$474K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.790	−0.226%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.910	−0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.929	−0.002%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0135%	8h	61.930	0.000%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0135%	8h	61.940	+0.016%	$26.0M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0140%	8h	61.903	−0.044%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0159%	8h	61.910	−0.032%	$36K	$178K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0173%	8h	61.920	−0.017%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.565%	$510K	$43K	20x	as long as short
Entropy io:DRAM	+0.0200%	1h	61.847	−0.134%	$260K	$500K	25x	as long as short
Lighter DRAM	+0.0216%	1h	61.927	−0.005%	$977K	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0218%	8h	61.867	−0.102%	$2.4M	$949K	—	as long as short
Bybit DRAMUSDT	+0.0265%	8h	61.980	+0.081%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0270%	8h	61.930	0.000%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDTlong	+0.0272%	8h	61.930	long leg	$43.9M	$82.3M	50x
Extended DRAM-USD	+0.0272%	1h	61.928	−0.003%	$77K	$766K	10x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.925	−0.008%	$456K	$475K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0324%	1h	61.940	+0.016%	$80.3M	$39.8M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.920	−0.016%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0535%	8h	61.940	+0.016%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.920	−0.016%	$51K	$89K	10x	as long as short