Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0333%/8h= −36.4% APRpaid last 24h −0.064%

Price spread now: SoDEX against BloFin−0.036%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 SoDEX

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

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SoDEX is 0.036% cheaper against BloFin than usual: you would sell low and buy high (−$4 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	61.490	0.0383	pay 0.0383% / 8h	5h 51m	$305K	$27K	20x
Short	SoDEX DRAM-USD	61.468	0.0050	get 0.0006% / 1h	51m 14s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$69.9
Price spread: −0.036% → 0.000%: −$3.58
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$93.48
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 56 min ago; SoDEX: 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, 56 min ago	1.64 bp	8.9 bp −$9	13.6 bp −$136	36.0 bp −$3,596	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.500	+0.016%	$9.6M	$11.3M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.490	0.000%	$26.8M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.480	−0.016%	$876	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.410	−0.130%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.470	−0.033%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.397	−0.151%	$1K	$26K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.440	−0.081%	$60K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.330	−0.260%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.466	−0.039%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USDshort	+0.0050%	1h	61.468	−0.036%	$2K	$15K	20x

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.420	−0.114%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.380	−0.179%	$1.0M	$98K	10x	as long as short
edgeX DRAMUSDC	+0.0070%	4h	61.455	−0.057%	$149K	$299K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0075%	1h	61.470	−0.033%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.468	−0.036%	$74K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.420	−0.114%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.500	+0.016%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.470	−0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.492	+0.004%	$4K	—	10x	as long as short
Lighter DRAM	+0.0112%	1h	61.468	−0.036%	$1.1M	$1.4M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0121%	1h	61.457	−0.054%	$79.7M	$38.3M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0131%	8h	61.462	−0.046%	—	—	5x	as long as short
Gate DRAM_USDT	+0.0135%	8h	61.500	+0.016%	$8.0M	$3.8M	75x	as long as short
OKX DRAM-USDT-SWAP	+0.0175%	8h	61.490	0.000%	$5.5M	$6.7M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.330	−0.260%	$537K	$91K	20x	as long as short
Aster DRAMUSDT	+0.0233%	8h	61.386	−0.169%	$196K	$28K	20x	as long as short
Variational Omni DRAM	+0.0250%	8h	61.369	−0.196%	$2.2M	$688K	—	as long as short
MEXC DRAM_USDT	+0.0326%	8h	61.470	−0.033%	$9.0M	$5.4M	100x	as long as short
Extended DRAM-USD	+0.0328%	1h	61.459	−0.050%	$100K	$295K	10x	as long as short
Binance DRAMUSDT	+0.0328%	8h	61.480	−0.016%	$44.6M	$97.7M	50x	as long as short
BloFin DRAM-USDTlong	+0.0383%	8h	61.490	long leg	$305K	$27K	20x
Entropy io:DRAM	+0.0573%	1h	61.354	−0.221%	$324K	$1.7M	25x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.477	−0.022%	$462K	$370K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0779%	8h	61.473	−0.028%	$37K	$220K	10x	as long as short