Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h —

Price spread now: Paradex against Coinbase International+0.546%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

The price spread pays, funding is against you. Paradex is 0.546% dearer against Coinbase International than usual: you sell high and buy low (spread +0.546% now, against zero (this spread has no 7-day history yet)): +$55 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	62.040	0.0184	pay 0.0023% / 1h	12m 14s	$534K	$74K	20x
Short	Paradex DRAM-USD-PERP	62.378	0.0123	get 0.0123% / 8h	5h 12m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.546%Rate

Funding earned: −$12.82
Price spread: +0.546% → 0.000%: $54.56
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $27.74
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 51 min ago; Paradex: 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 Coinbase International live order book, 51 min ago	4.82 bp	9.8 bp −$10	14.9 bp −$149	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	62.380	+0.548%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.370	+0.532%	$705	$2.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	62.370	+0.532%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.360	+0.516%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.380	+0.548%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	62.316	+0.444%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.350	+0.500%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.330	+0.467%	—	—	10x	as long as short
edgeX DRAMUSDC	+0.0047%	4h	62.361	+0.518%	$151K	$298K	20x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.350	+0.500%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.362	+0.519%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.320	+0.451%	$1.1M	$2.1M	10x	as long as short
QFEX DRAM-USD	+0.0055%	1h	62.360	+0.516%	$1.0M	$78K	10x	as long as short
Bitget DRAMUSDT	+0.0084%	8h	62.380	+0.548%	$26.3M	$13.2M	20x	as long as short
Entropy io:DRAM	+0.0090%	1h	62.332	+0.471%	$246K	$414K	25x	as long as short
Lighter DRAM	+0.0096%	1h	62.357	+0.511%	$969K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.334	+0.474%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.360	+0.516%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.380	+0.548%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.400	+0.580%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.389	+0.563%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERPshort	+0.0123%	8h	62.378	+0.546%	—	—	5x
GRVT DRAM_USDT_Perp	+0.0150%	8h	62.380	+0.548%	$37K	$161K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0177%	8h	62.380	+0.548%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0180%	1h	62.346	+0.493%	$81.8M	$36.6M	20x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0184%	1h	62.040	long leg	$534K	$74K	20x
Bybit DRAMUSDT	+0.0246%	8h	62.400	+0.580%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0374%	8h	62.411	+0.599%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0459%	8h	62.363	+0.520%	$2.4M	$717K	—	as long as short
Extended DRAM-USD	+0.0488%	1h	62.364	+0.522%	$75K	$636K	10x	as long as short
Binance DRAMUSDT	+0.0491%	8h	62.364	+0.523%	$44.9M	$81.2M	50x	as long as short
MEXC DRAM_USDT	+0.0493%	8h	62.360	+0.516%	$9.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0549%	8h	62.410	+0.596%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0720%	8h	62.400	+0.580%	$302K	$26K	20x	as long as short