Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0077%/8h= −8.5% APRnext payment −$0.77 per $10,000 · paid last 24h —

Price spread now: Paradex against Binance−0.042%48s7-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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.042% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DRAMUSDT	61.790	0.0240	pay 0.0240% / 8h	1h 20m	$43.8M	$82.6M	50x
Short	Paradex DRAM-USD-PERP	61.764	0.0163	get 0.0163% / 8h	1h 20m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$16.24
Price spread: −0.042% → 0.000%: −$4.21
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$34.46
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; Paradex: 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, 7 min ago	0.81 bp	6.9 bp −$7	8.6 bp −$86	28.6 bp −$2,858	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	61.800	+0.016%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.780	−0.016%	$906	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.780	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.790	0.000%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0025%	4h	61.777	−0.021%	$153K	$288K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.761	−0.047%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.700	−0.146%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.691	−0.160%	$253K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.760	−0.049%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.783	−0.011%	$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	61.710	−0.129%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.770	−0.032%	$1.0M	$77K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.792	+0.003%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.780	−0.016%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.810	+0.032%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	−0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.782	−0.013%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0106%	8h	61.740	−0.081%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0114%	8h	61.800	+0.016%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0118%	8h	61.800	+0.016%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0140%	8h	61.780	−0.016%	$36K	$183K	10x	as long as short
Paradex DRAM-USD-PERPshort	+0.0163%	8h	61.764	−0.042%	—	—	5x
Variational Omni DRAM	+0.0192%	8h	61.757	−0.053%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.340%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0233%	8h	61.829	+0.063%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0239%	8h	61.800	+0.016%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDTlong	+0.0240%	8h	61.790	long leg	$43.8M	$82.6M	50x
Extended DRAM-USD	+0.0240%	1h	61.778	−0.020%	$77K	$765K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.776	−0.023%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0296%	1h	61.775	−0.024%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0311%	1h	61.782	−0.013%	$79.3M	$39.4M	20x	as long as short
BloFin DRAM-USDT	+0.0467%	8h	61.800	+0.016%	$295K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0560%	1h	61.770	−0.032%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.760	−0.049%	$50K	$91K	10x	as long as short