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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.002%
Price spread now: Orderly against Bybit−0.016%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DRAMUSDT61.0600get 0.0000% / 8h4h 10m$9.5M$11.1M100x
ShortOrderly PERP_DRAM_USDC_mythos61.0500.0100get 0.0100% / 8h4h 10m$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$21
Price spread: −0.016% → 0.000%
−$1.64
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
$2.36
Costs to cover
0.170%
Break-even
6.2 days
Slippage unknown: Bybit: live order book, 6 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago0.82 bp9.1 bp −$916.5 bp −$165126.1 bp −$12.6Kdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DRAMUSDTlong0.0000%8h61.060long leg$9.5M$11.1M100x
RISEx DRAM/USDC0.0000%1h61.035−0.041%$458K$365K20xas long as short
Gate DRAM_USDT0.0000%8h61.070+0.016%$7.9M$3.5M75xas long as short
Bitget DRAMUSDT0.0000%8h61.0600.000%$26.7M$17.1M20xas long as short
SunX DRAM-USDT0.0000%8h61.050−0.016%$719$2.2M10xas long as short
HTX DRAM-USDT0.0000%8h61.110+0.082%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.0600.000%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0022%4h61.067+0.011%$148K$298K20xas long as short
Aftermath Perps DRAMUSD+0.0026%1h61.013−0.078%$1K$26K5xas long as short
GRVT DRAM_USDT_Perp+0.0030%8h61.077+0.027%$36K$229K10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0032%1h60.980−0.131%$1.0M$100K10xas long as short
Arcus DRAM-USD+0.0040%1h60.990−0.115%$59K$80K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.980−0.131%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.008−0.085%$254K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.035−0.041%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.980−0.131%$1.1M$3.7M10xas long as short
Lighter DRAM+0.0064%1h61.030−0.049%$1.1M$1.4M20xas long as short
Paradex DRAM-USD-PERP+0.0091%8h61.027−0.054%5xas long as short
Aster DRAMUSDT+0.0091%8h61.058−0.003%$195K$28K20xas long as short
Pacifica DRAM+0.0100%1h61.054−0.010%$74K$32K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.020−0.066%$3.0M$385K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.080+0.033%$21K$187K50xas long as short
Orderly PERP_DRAM_USDC_mythosshort+0.0100%8h61.050−0.016%$8K10x
Aevo DRAM-PERP+0.0104%1h61.036−0.040%$4K10xas long as short
Variational Omni DRAM+0.0111%8h61.028−0.052%$2.1M$679Kas long as short
Binance DRAMUSDT+0.0152%8h61.050−0.016%$44.1M$98.3M50xas long as short
Extended DRAM-USD+0.0152%1h61.029−0.051%$97K$980K10xas long as short
tradeXYZ xyz:DRAM+0.0152%1h61.028−0.052%$79.2M$38.6M20xas long as short
MEXC DRAM_USDT+0.0154%8h61.040−0.033%$9.8M$5.8M100xas long as short
OKX DRAM-USDT-SWAP+0.0157%8h61.070+0.016%$5.5M$7.6M50xas long as short
Entropy io:DRAM+0.0167%1h61.050−0.016%$292K$1.7M25xas long as short
Coinbase International DRAM-PERP-INTX+0.0216%1h61.140+0.131%$536K$90K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0406%1h61.030−0.049%$12K$4K20xas long as short
BloFin DRAM-USDT+0.0619%8h61.070+0.016%$309K$27K20xas long as short