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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.4% APRnext payment $1.32 per $10,000 · paid last 24h −0.021%
Price spread now: Aster against Binance+0.067%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$370.365% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 2 days (all we have)−0.021%−$2 · spread now +0.067%, 7d avg −0.027%
Together, before fees−0.090%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.093% dearer against Binance than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.027%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.069% in total) that is about 9.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DRAMUSDT61.6700.0222pay 0.0222% / 8h1h 52m$43.7M$82.7M50x
ShortAster DRAMUSDT61.7110.0091get 0.0091% / 8h1h 52m$198K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$27.65
Price spread: +0.067% → −0.027%
$9.33
Slippage, 4 orders
−$18.53
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$54.86
Costs to cover
0.365%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Aster: live order book, 29 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 Binance live order book, 5 min ago0.81 bp5.8 bp −$610.2 bp −$10240.9 bp −$4,093doesn't fit
Sell Aster live order book, 29 min ago4.06 bp9.6 bp −$1013.2 bp −$132doesn'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
Gate DRAM_USDT0.0000%8h61.690+0.032%$8.2M$3.5M75xas long as short
SunX DRAM-USDT0.0000%8h61.690+0.032%$675$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.640−0.049%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.680+0.016%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0034%1h61.640−0.048%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.630−0.065%$79710xas long as short
Entropy io:DRAM+0.0050%1h61.666−0.006%$253K$503K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.669−0.002%$204K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.685+0.024%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.610−0.097%$1.2M$1.7M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0052%1h61.690+0.032%$1.0M$77K10xas long as short
edgeX DRAMUSDC+0.0074%4h61.669−0.002%$153K$288K20xas long as short
OKX DRAM-USDT-SWAP+0.0078%8h61.700+0.049%$5.4M$4.6M50xas long as short
Aster DRAMUSDTshort+0.0091%8h61.711+0.067%$198K$36K20x
Bitget DRAMUSDT+0.0092%8h61.660−0.016%$26.0M$12.5M20xas long as short
Pacifica DRAM+0.0100%1h61.685+0.024%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.660−0.016%$3.0M$478K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.680+0.016%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.700+0.049%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.704+0.054%$4K10xas long as short
GRVT DRAM_USDT_Perp+0.0138%8h61.6700.000%$36K$189K10xas long as short
Paradex DRAM-USD-PERP+0.0151%8h61.689+0.030%5xas long as short
Bybit DRAMUSDT+0.0158%8h61.738+0.110%$9.2M$10.3M100xas long as short
Variational Omni DRAM+0.0167%8h61.660−0.017%$2.4M$969Kas long as short
Coinbase International DRAM-PERP-INTX+0.0208%1h61.580−0.146%$510K$44K20xas long as short
MEXC DRAM_USDT+0.0220%8h61.6700.000%$11.1M$6.4M100xas long as short
Binance DRAMUSDTlong+0.0222%8h61.670long leg$43.7M$82.7M50x
Extended DRAM-USD+0.0224%1h61.660−0.016%$102K$741K10xas long as short
RISEx DRAM/USDC+0.0257%1h61.690+0.032%$479K$442K20xas long as short
BloFin DRAM-USDT+0.0307%8h61.710+0.065%$296K$27K20xas long as short
Lighter DRAM+0.0352%1h61.681+0.018%$992K$1.2M20xas long as short
tradeXYZ xyz:DRAM+0.0383%1h61.672+0.003%$79.2M$39.8M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0561%1h61.690+0.032%$13K$9K20xas long as short
Arcus DRAM-USD+0.0649%1h61.680+0.016%$50K$93K10xas long as short