Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.004%

Price spread now: Extended against Binance−0.011%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$190.191% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 2 days (all we have)−0.002%$0 · spread now −0.011%, 7d avg −0.026%

Together, before fees−0.008%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DRAMUSDT	61.636	0.0242	pay 0.0242% / 8h	2h 27m	$43.7M	$82.6M	50x
Short	Extended DRAM-USD	61.630	0.0240	get 0.0030% / 1h	27m 02s	$102K	$741K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$0.39
Price spread: −0.011% → −0.026%: $1.51
Slippage, 4 orders: −$4.07
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$17.95
Costs to cover: 0.191%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Extended: live order book, 61 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 Binance live order book, 1 min ago	0.81 bp	6.1 bp −$6	9.7 bp −$97	37.7 bp −$3,769	doesn't fit
Sell Extended live order book, 61 min ago	0.73 bp	3.6 bp −$4	6.8 bp −$68	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
Gate DRAM_USDT	0.0000%	8h	61.640	+0.006%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.620	−0.026%	$799	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.610	−0.043%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.640	+0.006%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0036%	4h	61.628	−0.014%	$152K	$290K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.594	−0.069%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.560	−0.124%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.603	−0.054%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.635	−0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.550	−0.140%	$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	+0.055%	$5.4M	$4.9M	50x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.630	−0.010%	$1.0M	$77K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.563	−0.119%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.570	−0.108%	$3.0M	$483K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.540	−0.156%	$22K	$182K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.630	−0.010%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.641	+0.007%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0105%	8h	61.605	−0.050%	$201K	$33K	20x	as long as short
Bitget DRAMUSDT	+0.0112%	8h	61.630	−0.010%	$25.9M	$12.6M	20x	as long as short
Bybit DRAMUSDT	+0.0168%	8h	61.660	+0.038%	$9.1M	$10.2M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0168%	1h	61.619	−0.028%	$79.0M	$39.7M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0168%	8h	61.634	−0.003%	—	—	5x	as long as short
Variational Omni DRAM	+0.0170%	8h	61.632	−0.007%	$2.4M	$998K	—	as long as short
GRVT DRAM_USDT_Perp	+0.0177%	8h	61.621	−0.025%	$36K	$190K	10x	as long as short
Entropy io:DRAM	+0.0186%	1h	61.574	−0.101%	$249K	$503K	25x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.205%	$510K	$43K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0237%	1h	61.640	+0.006%	$13K	$9K	20x	as long as short
MEXC DRAM_USDT	+0.0238%	8h	61.620	−0.026%	$11.1M	$6.4M	100x	as long as short
Lighter DRAM	+0.0240%	1h	61.648	+0.019%	$991K	$1.2M	20x	as long as short
Extended DRAM-USDshort	+0.0240%	1h	61.630	−0.011%	$102K	$741K	10x
Binance DRAMUSDTlong	+0.0242%	8h	61.636	long leg	$43.7M	$82.6M	50x
BloFin DRAM-USDT	+0.0263%	8h	61.640	+0.006%	$295K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.630	−0.010%	$475K	$439K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.620	−0.026%	$50K	$96K	10x	as long as short