Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.019%

Price spread now: KuCoin against Coinbase International+0.114%7-day average +0.130% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$930.932% of the position

Long on Coinbase International Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.164%−$16 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.114%, 7d avg +0.130%

Together, before fees−0.236%−$24 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.130%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	61.330	0.0232	pay 0.0029% / 1h	51m 59s	$537K	$91K	20x
Short	KuCoin DRAMUSDTM	61.400	0.0100	get 0.0100% / 8h	5h 51m	$3.0M	$417K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Coinbase International. 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 Coinbase InternationalbpFee KuCoinbpOrdersPrice spread, now +0.114%Rate

Funding earned: −$27.72
Price spread: +0.114% → +0.130%: −$1.6
Slippage, 4 orders: −$71.15
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$122.48
Costs to cover: 0.932%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 59 min ago; KuCoin: live order book, 3 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 Coinbase International live order book, 59 min ago	3.29 bp	8.3 bp −$8	12.0 bp −$120	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	0.81 bp	20.5 bp −$21	doesn't fit	doesn't fit	doesn't fit

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	61.480	+0.245%	$9.6M	$11.3M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.480	+0.245%	$26.8M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.440	+0.179%	$1K	$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	61.480	+0.245%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.374	+0.072%	$1K	$26K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.400	+0.114%	$60K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.360	+0.049%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.439	+0.178%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.466	+0.222%	$2K	$15K	20x	as long as short

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	+0.147%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.330	0.000%	$1.0M	$98K	10x	as long as short
edgeX DRAMUSDC	+0.0062%	4h	61.351	+0.035%	$149K	$298K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0076%	1h	61.460	+0.212%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.468	+0.225%	$74K	$30K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	61.400	+0.114%	$3.0M	$417K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.480	+0.245%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.470	+0.228%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.474	+0.236%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0128%	1h	61.456	+0.205%	$79.8M	$38.3M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0131%	8h	61.479	+0.244%	—	—	5x	as long as short
Gate DRAM_USDT	+0.0133%	8h	61.500	+0.277%	$8.0M	$3.7M	75x	as long as short
Lighter DRAM	+0.0136%	1h	61.473	+0.233%	$1.1M	$1.4M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0173%	8h	61.490	+0.261%	$5.5M	$6.7M	50x	as long as short
Aster DRAMUSDT	+0.0227%	8h	61.370	+0.065%	$196K	$28K	20x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0232%	1h	61.330	long leg	$537K	$91K	20x
Variational Omni DRAM	+0.0250%	8h	61.369	+0.064%	$2.2M	$688K	—	as long as short
BloFin DRAM-USDT	+0.0311%	8h	61.500	+0.277%	$305K	$27K	20x	as long as short
MEXC DRAM_USDT	+0.0319%	8h	61.470	+0.228%	$9.0M	$5.4M	100x	as long as short
Binance DRAMUSDT	+0.0326%	8h	61.470	+0.228%	$44.6M	$97.6M	50x	as long as short
Extended DRAM-USD	+0.0328%	1h	61.450	+0.196%	$100K	$298K	10x	as long as short
Entropy io:DRAM	+0.0484%	1h	61.476	+0.238%	$326K	$1.7M	25x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.446	+0.190%	$462K	$370K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0764%	8h	61.460	+0.212%	$37K	$220K	10x	as long as short