Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0287%/8h= −31.4% APRpaid last 24h −0.022%

Price spread now: Arcus against BloFin−0.064%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Arcus is 0.064% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin DRAM-USDT	62.440	0.0893	pay 0.0893% / 8h	7h 37m	$299K	$26K	20x
Short	Arcus DRAM-USD	62.400	0.0606	get 0.0076% / 1h	37m 04s	$51K	$82K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against BloFin. 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 BloFinbpFee ArcusbpOrdersPrice spread, now −0.064%Rate

Funding earned: −$60.23
Price spread: −0.064% → 0.000%: −$6.41
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$83.14
Costs to cover: 0.165%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 30 min ago; Arcus: 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 BloFin live order book, 30 min ago	0.81 bp	8.6 bp −$9	13.7 bp −$137	48.7 bp −$4,867	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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
SunX DRAM-USDT	0.0000%	8h	62.430	−0.016%	$729	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.410	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.430	−0.016%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	62.383	−0.091%	$1K	$35K	5x	as long as short
edgeX DRAMUSDC	+0.0036%	4h	62.439	−0.002%	$151K	$296K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.080%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.419	−0.034%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.429	−0.018%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	−0.064%	$1.1M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.404	−0.058%	$76K	$40K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.370	−0.112%	$3.0M	$442K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.380	−0.096%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.470	+0.048%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.456	+0.025%	$4K	—	10x	as long as short
Lighter DRAM	+0.0136%	1h	62.424	−0.026%	$970K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.440	0.000%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.833%	$535K	$95K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0217%	8h	62.447	+0.011%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0225%	8h	62.420	−0.032%	$5.5M	$4.7M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.420	−0.032%	$13K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0297%	1h	62.380	−0.096%	$81.8M	$39.3M	20x	as long as short
Aster DRAMUSDT	+0.0382%	8h	62.367	−0.116%	$201K	$36K	20x	as long as short
Bybit DRAMUSDT	+0.0396%	8h	62.465	+0.040%	$9.6M	$10.5M	100x	as long as short
Bitget DRAMUSDT	+0.0428%	8h	62.410	−0.048%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0456%	8h	62.405	−0.056%	$2.4M	$765K	—	as long as short
MEXC DRAM_USDT	+0.0509%	8h	62.430	−0.016%	$9.8M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0512%	8h	62.400	−0.064%	$44.6M	$81.7M	50x	as long as short
Extended DRAM-USD	+0.0512%	1h	62.427	−0.021%	$75K	$769K	10x	as long as short
Entropy io:DRAM	+0.0527%	1h	62.361	−0.127%	$254K	$462K	25x	as long as short
Arcus DRAM-USDshort	+0.0606%	1h	62.400	−0.064%	$51K	$82K	10x
Gate DRAM_USDT	+0.0645%	8h	62.450	+0.016%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDTlong	+0.0893%	8h	62.440	long leg	$299K	$26K	20x
GRVT DRAM_USDT_Perp	+0.0987%	8h	62.450	+0.017%	$37K	$157K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.442	+0.003%	$454K	$492K	20x	as long as short