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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.001%
Price spread now: edgeX against Bitget+0.015%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.015%, 7d avg −0.023%
Together, before fees+0.002%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.038% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT62.2700get 0.0000% / 8h3h 59m$26.1M$13.4M20x
ShortedgeX DRAMUSDC62.2790.0022get 0.0011% / 4h3h 59m$151K$299K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$4.61
Price spread: +0.015% → −0.023%
$3.81
Slippage, 4 orders
−$8.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$21.08
Costs to cover
0.295%
Break-even
39.0 days
Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 59 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 Bitget live order book, 5 min ago0.80 bp7.6 bp −$812.0 bp −$12026.3 bp −$2,62668.4 bp −$34.2K
Sell edgeX live order book, 59 min ago2.40 bp6.9 bp −$714.4 bp −$144doesn'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
RISEx DRAM/USDC0.0000%1h62.220−0.080%$439K$502K20xas long as short
Bitget DRAMUSDTlong0.0000%8h62.270long leg$26.1M$13.4M20x
GRVT DRAM_USDT_Perp0.0000%8h62.320+0.080%$36K$177K10xas long as short
SunX DRAM-USDT0.0000%8h62.240−0.048%$616$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h62.230−0.064%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.250−0.032%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0021%1h62.273+0.005%$1K$32K5xas long as short
edgeX DRAMUSDCshort+0.0022%4h62.279+0.015%$151K$299K20x
Lighter DRAM+0.0032%1h62.229−0.066%$1.0M$1.1M20xas long as short
Arcus DRAM-USD+0.0040%1h62.250−0.032%$48K$77K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h62.190−0.128%10xas long as short
Entropy io:DRAM+0.0050%1h62.247−0.037%$173K$447K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.205−0.104%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.221−0.079%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.160−0.177%$1.1M$2.3M10xas long as short
QFEX DRAM-USD+0.0052%1h62.220−0.080%$1.0M$78K10xas long as short
Paradex DRAM-USD-PERP+0.0078%8h62.214−0.090%5xas long as short
OKX DRAM-USDT-SWAP+0.0080%8h62.250−0.032%$5.5M$4.5M50xas long as short
Pacifica DRAM+0.0100%1h62.222−0.077%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.210−0.096%$3.0M$394K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.310+0.064%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.240−0.048%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.239−0.050%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0104%1h62.330+0.096%$535K$75K20xas long as short
Bybit DRAMUSDT+0.0113%8h62.271+0.002%$9.7M$9.7M100xas long as short
Aster DRAMUSDT+0.0219%8h62.238−0.051%$200K$35K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0232%1h62.230−0.064%$13K$3K20xas long as short
tradeXYZ xyz:DRAM+0.0275%1h62.224−0.074%$81.5M$35.5M20xas long as short
Variational Omni DRAM+0.0290%8h62.284+0.023%$2.4M$747Kas long as short
Binance DRAMUSDT+0.0333%8h62.239−0.049%$44.7M$80.1M50xas long as short
BloFin DRAM-USDT+0.0335%8h62.280+0.016%$302K$26K20xas long as short
Extended DRAM-USD+0.0336%1h62.215−0.088%$76K$622K10xas long as short
MEXC DRAM_USDT+0.0337%8h62.250−0.032%$8.3M$5.5M100xas long as short
Gate DRAM_USDT+0.0619%8h62.260−0.016%$8.2M$3.5M75xas long as short