Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h +0.033%

Price spread now: Arcus against Bybit−0.090%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Arcus

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 −$4 a day on $10k at the current rate, and Arcus is 0.090% cheaper against Bybit than usual: you would sell low and buy high (−$9 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	Bybit DRAMUSDT	62.486	0.0165	pay 0.0165% / 8h	4h 25m	$9.8M	$9.7M	100x
Short	Arcus DRAM-USD	62.430	0.0040	get 0.0005% / 1h	25m 06s	$49K	$78K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Bybit. 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 BybitbpFee ArcusbpOrdersPrice spread, now −0.090%Rate

Funding earned: −$26.29
Price spread: −0.090% → 0.000%: −$8.96
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$50.75
Costs to cover: 0.155%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago	0.80 bp	7.7 bp −$8	13.5 bp −$135	118.2 bp −$11.8K	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
RISEx DRAM/USDC	0.0000%	1h	62.458	−0.045%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.460	−0.042%	$587	$2.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	62.440	−0.074%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.138%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.460	−0.042%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.415	−0.113%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.452	−0.054%	$970K	$1.0M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0037%	8h	62.460	−0.041%	$37K	$171K	10x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	62.430	−0.090%	$49K	$78K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	62.430	−0.090%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	62.420	−0.106%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.452	−0.054%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.410	−0.122%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.430	−0.090%	$1.0M	$78K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0063%	1h	62.436	−0.080%	$81.8M	$35.4M	20x	as long as short
edgeX DRAMUSDC	+0.0079%	4h	62.449	−0.059%	$151K	$297K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0083%	8h	62.450	−0.057%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0094%	8h	62.450	−0.058%	$26.3M	$13.1M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.463	−0.036%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.440	−0.074%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.480	−0.010%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.470	−0.026%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.472	−0.022%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0113%	8h	62.470	−0.026%	$5.5M	$4.5M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.250%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0165%	1h	62.436	−0.080%	$183K	$446K	25x	as long as short
Bybit DRAMUSDTlong	+0.0165%	8h	62.486	long leg	$9.8M	$9.7M	100x
Aster DRAMUSDT	+0.0281%	8h	62.451	−0.055%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0355%	8h	62.443	−0.068%	$2.4M	$747K	—	as long as short
Extended DRAM-USD	+0.0392%	1h	62.443	−0.068%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0393%	8h	62.458	−0.045%	$45.0M	$80.0M	50x	as long as short
MEXC DRAM_USDT	+0.0398%	8h	62.440	−0.074%	$8.9M	$5.5M	100x	as long as short
BloFin DRAM-USDT	+0.0463%	8h	62.480	−0.010%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0633%	8h	62.490	+0.006%	$8.2M	$3.5M	75x	as long as short