Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0163%/8h= −17.9% APRpaid last 24h −0.009%

Price spread now: Pacifica against Bybit−0.197%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 Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Pacifica is 0.197% cheaper against Bybit than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.121%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.960	0.0263	pay 0.0263% / 8h	54m 31s	$9.3M	$10.4M	100x
Short	Pacifica DRAM	61.838	0.0100	get 0.0013% / 1h	54m 31s	$75K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.197%Rate

Funding earned: −$34.28
Price spread: −0.197% → 0.000%: −$19.68
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$72.96
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Pacifica: 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, 4 min ago	0.81 bp	7.1 bp −$7	13.9 bp −$139	105.4 bp −$10.5K	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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
Gate DRAM_USDT	0.0000%	8h	61.930	−0.048%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.920	−0.065%	$751	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.860	−0.161%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.880	−0.129%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0015%	4h	61.850	−0.177%	$153K	$288K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.835	−0.202%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.840	−0.194%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.890	−0.113%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.906	−0.087%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.810	−0.242%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.890	−0.113%	$1.0M	$80K	10x	as long as short
Pacifica DRAMshort	+0.0100%	1h	61.838	−0.197%	$75K	$40K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	61.850	−0.178%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.790	−0.274%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.890	−0.113%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.897	−0.101%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0134%	8h	61.930	−0.048%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0134%	8h	61.910	−0.081%	$26.0M	$12.6M	20x	as long as short
Aster DRAMUSDT	+0.0136%	8h	61.830	−0.209%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0153%	8h	61.860	−0.161%	$36K	$180K	10x	as long as short
Entropy io:DRAM	+0.0169%	1h	61.842	−0.190%	$260K	$500K	25x	as long as short
Paradex DRAM-USD-PERP	+0.0173%	8h	61.916	−0.070%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.613%	$510K	$43K	20x	as long as short
Variational Omni DRAM	+0.0218%	8h	61.867	−0.151%	$2.4M	$949K	—	as long as short
Lighter DRAM	+0.0224%	1h	61.912	−0.077%	$977K	$1.2M	20x	as long as short
Bybit DRAMUSDTlong	+0.0263%	8h	61.960	long leg	$9.3M	$10.4M	100x
Extended DRAM-USD	+0.0264%	1h	61.899	−0.099%	$77K	$766K	10x	as long as short
MEXC DRAM_USDT	+0.0266%	8h	61.920	−0.065%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0271%	8h	61.910	−0.081%	$43.9M	$82.3M	50x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.910	−0.081%	$456K	$475K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0336%	1h	61.921	−0.063%	$80.2M	$39.7M	20x	as long as short
BloFin DRAM-USDT	+0.0528%	8h	61.920	−0.065%	$295K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0558%	1h	61.920	−0.065%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.910	−0.081%	$51K	$89K	10x	as long as short