Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.004%

Price spread now: Deribit against BloFin−0.016%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 Deribit

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin DRAM-USDT	61.960	0.0260	pay 0.0260% / 8h	3h 29m	$300K	$26K	20x
Short	Deribit DRAM_USDC-PERPETUAL	61.950	0.0234	get 0.0029% / 1h	29m 04s	$13K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$5.4
Price spread: −0.016% → 0.000%: −$1.61
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$26.02
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 66 min ago; Deribit: 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, 66 min ago	1.60 bp	10.1 bp −$10	12.1 bp −$121	34.8 bp −$3,478	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	61.953	−0.010%	$436K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.980	+0.032%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.003	+0.070%	$36K	$186K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.020	+0.097%	$642	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.081%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.970	+0.016%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0018%	4h	61.970	+0.016%	$150K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0022%	1h	61.944	−0.025%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.970	+0.016%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.930	−0.048%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.930	−0.048%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.924	−0.058%	$165K	$454K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.941	−0.031%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.957	−0.005%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.920	−0.065%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0065%	8h	61.970	+0.016%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0085%	8h	61.929	−0.050%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0088%	8h	61.985	+0.040%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.967	+0.011%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.940	−0.032%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.950	−0.016%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.960	0.000%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.969	+0.014%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.242%	$533K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0134%	1h	61.945	−0.024%	$80.7M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0165%	8h	61.947	−0.022%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0192%	1h	61.968	+0.013%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0226%	8h	61.974	+0.023%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUALshort	+0.0234%	1h	61.950	−0.016%	$13K	$3K	20x
BloFin DRAM-USDTlong	+0.0260%	8h	61.960	long leg	$300K	$26K	20x
Extended DRAM-USD	+0.0280%	1h	61.936	−0.039%	$76K	$586K	10x	as long as short
Binance DRAMUSDT	+0.0281%	8h	61.952	−0.013%	$44.5M	$81.1M	50x	as long as short
MEXC DRAM_USDT	+0.0282%	8h	61.950	−0.016%	$8.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0466%	8h	61.990	+0.048%	$8.1M	$3.5M	75x	as long as short