Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h −0.039%

Price spread now: Extended against BloFin−0.044%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.044%, 7d avg −0.038%

Together, before fees+0.039%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: $0 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	61.250	0.0154	pay 0.0154% / 8h	2h 13m	$300K	$26K	20x
Short	Extended DRAM-USD	61.223	0.0168	get 0.0021% / 1h	13m 02s	$76K	$188K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.044%Rate

Funding earned: $2.92
Price spread: −0.044% → −0.038%: −$0.53
Slippage, 4 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$23.61
Costs to cover: 0.260%
Break-even: 63.6 days

Slippage from BloFin: live order book, 12 min ago; Extended: live order book, 34 min ago.

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, 12 min ago	1.63 bp	8.7 bp −$9	12.0 bp −$120	47.0 bp −$4,700	doesn't fit
Sell Extended live order book, 34 min ago	0.41 bp	3.2 bp −$3	6.0 bp −$60	doesn't fit	doesn't fit

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
Bitget DRAMUSDT	−0.0525%	8h	61.270	+0.033%	$25.9M	$14.2M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.270	+0.033%	$424K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.142	−0.176%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.240	−0.016%	$777	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.140	−0.180%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.240	−0.016%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0009%	8h	61.296	+0.075%	$9.4M	$10.2M	100x	as long as short
Gate DRAM_USDT	+0.0011%	8h	61.290	+0.065%	$8.0M	$3.7M	75x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	61.187	−0.103%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.170	−0.131%	$48K	$69K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0043%	8h	61.260	+0.016%	$5.4M	$5.6M	50x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.210	−0.065%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.260	+0.016%	$997K	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.229	−0.034%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.245	−0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.200	−0.082%	$1.1M	$3.3M	10x	as long as short
Aster DRAMUSDT	+0.0060%	8h	61.246	−0.007%	$197K	$35K	20x	as long as short
Entropy io:DRAM	+0.0078%	1h	61.159	−0.149%	$169K	$470K	25x	as long as short
edgeX DRAMUSDC	+0.0096%	4h	61.124	−0.206%	$148K	$299K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.202	−0.078%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.190	−0.098%	$3.0M	$409K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.120	−0.212%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.240	−0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.235	−0.025%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.115	−0.221%	$2.3M	$670K	—	as long as short
Paradex DRAM-USD-PERP	+0.0116%	8h	61.272	+0.035%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0143%	1h	61.234	−0.026%	$79.3M	$36.1M	20x	as long as short
BloFin DRAM-USDTlong	+0.0154%	8h	61.250	long leg	$300K	$26K	20x
MEXC DRAM_USDT	+0.0166%	8h	61.230	−0.033%	$8.1M	$5.7M	100x	as long as short
Extended DRAM-USDshort	+0.0168%	1h	61.223	−0.044%	$76K	$188K	10x
Binance DRAMUSDT	+0.0168%	8h	61.253	+0.005%	$43.8M	$86.5M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.229%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.245	−0.008%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0403%	1h	61.250	0.000%	$13K	$3K	20x	as long as short