Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0256%/8h= +28.1% APRpaid last 24h −0.030%

Price spread now: Binance against Deribit+0.039%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Binance

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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.039% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	62.180	0.0072	pay 0.0009% / 1h	55m 57s	$13K	$3K	20x
Short	Binance DRAMUSDT	62.204	0.0328	get 0.0328% / 8h	3h 55m	$44.7M	$80.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Deribit. 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 DeribitbpFee BinancebpOrdersPrice spread, now +0.039%Rate

Funding earned: $53.83
Price spread: +0.039% → 0.000%: $3.92
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: $40.75
Costs to cover: 0.170%
Break-even: 1.7 days

Slippage unknown: Deribit: no order-book sample; Binance: live order book, 2 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	0.80 bp	5.8 bp −$6	8.0 bp −$80	34.5 bp −$3,450	doesn't fit

Deribit: 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	62.191	+0.018%	$438K	$502K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.190	+0.016%	$26.1M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.256	+0.121%	$37K	$177K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.190	+0.016%	$734	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.240	+0.096%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.190	+0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.231	+0.082%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.170	−0.016%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.210	+0.048%	$48K	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0043%	4h	62.225	+0.073%	$151K	$296K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	62.160	−0.032%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.160	−0.032%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.195	+0.024%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.140	−0.064%	$1.1M	$2.3M	10x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0072%	1h	62.180	long leg	$13K	$3K	20x
OKX DRAM-USDT-SWAP	+0.0076%	8h	62.210	+0.048%	$5.5M	$4.5M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0077%	8h	62.185	+0.009%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.198	+0.029%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.180	0.000%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.280	+0.161%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.210	+0.048%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.198	+0.030%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.330	+0.241%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0108%	1h	62.219	+0.063%	$173K	$447K	25x	as long as short
Bybit DRAMUSDT	+0.0111%	8h	62.239	+0.095%	$9.7M	$9.7M	100x	as long as short
Lighter DRAM	+0.0120%	1h	62.193	+0.021%	$1.0M	$1.1M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	62.165	−0.024%	$81.4M	$35.5M	20x	as long as short
Aster DRAMUSDT	+0.0211%	8h	62.214	+0.055%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0276%	8h	62.194	+0.023%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDT	+0.0318%	8h	62.270	+0.145%	$302K	$26K	20x	as long as short
Extended DRAM-USD	+0.0328%	1h	62.177	−0.005%	$76K	$622K	10x	as long as short
Binance DRAMUSDTshort	+0.0328%	8h	62.204	+0.039%	$44.7M	$80.2M	50x
MEXC DRAM_USDT	+0.0330%	8h	62.190	+0.016%	$8.2M	$5.5M	100x	as long as short
Gate DRAM_USDT	+0.0606%	8h	62.230	+0.080%	$8.2M	$3.5M	75x	as long as short