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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0357%/8h= −39.1% APRnext payment $3.57 per $10,000 · paid last 24h −0.027%
Price spread now: Aster against BloFin−0.113%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$450.452% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 3 days (all we have)+0.081%+$8 · spread now −0.113%, 7d avg −0.004%
Together, before fees+0.073%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.109% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.008% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DRAM-USDT61.8100.0464pay 0.0464% / 8h1h 09m$294K$27K20x
ShortAster DRAMUSDT61.7400.0107get 0.0107% / 8h1h 09m$198K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$74.92
Price spread: −0.113% → −0.004%
−$10.94
Slippage, 4 orders
−$25.2
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$131.07
Costs to cover
0.452%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Aster: live order book, 7 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 BloFin live order book, 3 min ago0.81 bp9.3 bp −$912.7 bp −$12742.5 bp −$4,253doesn't fit
Sell Aster live order book, 7 min ago3.24 bp7.2 bp −$79.0 bp −$90225.5 bp −$22.5Kdoesn'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
Gate DRAM_USDT0.0000%8h61.800−0.016%$8.3M$3.5M75xas long as short
SunX DRAM-USDT0.0000%8h61.790−0.032%$879$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.730−0.129%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.800−0.016%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0017%4h61.771−0.063%$153K$288K20xas long as short
Aftermath Perps DRAMUSD+0.0035%1h61.768−0.068%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.730−0.129%$79710xas long as short
Entropy io:DRAM+0.0050%1h61.731−0.128%$260K$505K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.768−0.068%$210K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.794−0.026%$2K$15K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h61.720−0.146%$1.2M$1.7M10xas long as short
QFEX DRAM-USD+0.0052%1h61.790−0.032%$1.0M$80K10xas long as short
Pacifica DRAM+0.0100%1h61.737−0.118%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.770−0.065%$3.0M$477K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.800−0.016%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.780−0.049%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.793−0.027%$4K10xas long as short
Aster DRAMUSDTshort+0.0107%8h61.740−0.113%$198K$36K20x
Bitget DRAMUSDT+0.0115%8h61.800−0.016%$26.0M$12.5M20xas long as short
OKX DRAM-USDT-SWAP+0.0119%8h61.800−0.016%$5.4M$4.6M50xas long as short
GRVT DRAM_USDT_Perp+0.0140%8h61.785−0.041%$36K$181K10xas long as short
Paradex DRAM-USD-PERP+0.0157%8h61.791−0.031%5xas long as short
Variational Omni DRAM+0.0196%8h61.777−0.054%$2.4M$938Kas long as short
Coinbase International DRAM-PERP-INTX+0.0208%1h61.580−0.372%$510K$43K20xas long as short
Bybit DRAMUSDT+0.0238%8h61.846+0.058%$9.3M$10.4M100xas long as short
Extended DRAM-USD+0.0240%1h61.787−0.037%$77K$765K10xas long as short
MEXC DRAM_USDT+0.0240%8h61.790−0.032%$11.2M$6.4M100xas long as short
Binance DRAMUSDT+0.0242%8h61.800−0.016%$43.8M$82.7M50xas long as short
RISEx DRAM/USDC+0.0257%1h61.797−0.021%$455K$475K20xas long as short
Lighter DRAM+0.0272%1h61.790−0.032%$968K$1.2M20xas long as short
tradeXYZ xyz:DRAM+0.0288%1h61.783−0.044%$79.3M$39.3M20xas long as short
BloFin DRAM-USDTlong+0.0464%8h61.810long leg$294K$27K20x
Deribit DRAM_USDC-PERPETUAL+0.0560%1h61.790−0.032%$13K$9K20xas long as short
Arcus DRAM-USD+0.0649%1h61.780−0.049%$50K$91K10xas long as short