Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0360%/8h= −39.4% APRpaid last 24h −0.041%

Price spread now: Pacifica against Binance−0.049%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 Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

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

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Pacifica is 0.049% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DRAMUSDT	62.399	0.0460	pay 0.0460% / 8h	4h 51m	$44.9M	$80.5M	50x
Short	Pacifica DRAM	62.368	0.0100	get 0.0013% / 1h	51m 14s	$76K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.049%Rate

Funding earned: −$75.63
Price spread: −0.049% → 0.000%: −$4.9
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$98.53
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 6 min ago; Pacifica: 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, 6 min ago	0.80 bp	5.8 bp −$6	7.8 bp −$78	27.3 bp −$2,733	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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
RISEx DRAM/USDC	0.0000%	1h	62.409	+0.017%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.410	+0.018%	$788	$2.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	62.380	−0.030%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.370	−0.046%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.390	−0.014%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	62.387	−0.020%	$1K	$32K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.390	−0.014%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	−0.046%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.376	−0.036%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.383	−0.025%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.094%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.390	−0.014%	$1.0M	$78K	10x	as long as short
Lighter DRAM	+0.0072%	1h	62.380	−0.030%	$969K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0089%	4h	62.402	+0.005%	$151K	$297K	20x	as long as short
Pacifica DRAMshort	+0.0100%	1h	62.368	−0.049%	$76K	$44K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	62.400	+0.002%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.082%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.430	+0.050%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.405	+0.010%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0108%	8h	62.402	+0.005%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0116%	8h	62.416	+0.027%	$36K	$164K	10x	as long as short
Bitget DRAMUSDT	+0.0118%	8h	62.410	+0.018%	$26.3M	$13.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.040	−0.575%	$534K	$74K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0160%	1h	62.380	−0.030%	$81.8M	$35.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0160%	8h	62.420	+0.034%	$5.5M	$4.4M	50x	as long as short
Entropy io:DRAM	+0.0211%	1h	62.383	−0.025%	$238K	$416K	25x	as long as short
Bybit DRAMUSDT	+0.0233%	8h	62.440	+0.066%	$9.7M	$9.9M	100x	as long as short
Aster DRAMUSDT	+0.0341%	8h	62.433	+0.055%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0427%	8h	62.425	+0.042%	$2.4M	$717K	—	as long as short
Binance DRAMUSDTlong	+0.0460%	8h	62.399	long leg	$44.9M	$80.5M	50x
MEXC DRAM_USDT	+0.0461%	8h	62.400	+0.002%	$9.2M	$5.4M	100x	as long as short
Extended DRAM-USD	+0.0464%	1h	62.376	−0.036%	$75K	$636K	10x	as long as short
Gate DRAM_USDT	+0.0604%	8h	62.430	+0.050%	$8.2M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0645%	8h	62.400	+0.002%	$303K	$26K	20x	as long as short