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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0596%/8h= +65.3% APRpaid last 24h −0.003%
Price spread now: BloFin against Deribit+0.196%57s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BloFin is 0.196% dearer against Deribit than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DRAM_USDC-PERPETUAL61.1200.0077pay 0.0010% / 1h50m 02s$12K$4K20x
ShortBloFin DRAM-USDT61.2400.0674get 0.0674% / 8h4h 50m$307K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$125.23
Price spread: +0.196% → 0.000%
$19.63
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$125.86
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 50 min ago. 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 Deribit no order-book sample
Sell BloFin live order book, 50 min ago0.81 bp8.3 bp −$811.2 bp −$11250.1 bp −$5,009doesn'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 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 DRAMUSDT0.0000%8h61.110−0.016%$9.5M$11.2M100xas long as short
RISEx DRAM/USDC0.0000%1h61.204+0.137%$460K$367K20xas long as short
Bitget DRAMUSDT0.0000%8h61.070−0.082%$26.7M$17.0M20xas long as short
SunX DRAM-USDT0.0000%8h61.220+0.164%$972$2.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.210+0.147%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.080−0.065%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.201+0.133%$1K$26K5xas long as short
QFEX DRAM-USD+0.0032%1h61.170+0.082%$1.0M$98K10xas long as short
Lighter DRAM+0.0032%1h61.070−0.082%$1.1M$1.4M20xas long as short
Gate DRAM_USDT+0.0032%8h61.110−0.016%$7.9M$3.4M75xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DRAM-USD+0.0040%1h61.160+0.065%$59K$80K10xas long as short
edgeX DRAMUSDC+0.0046%4h61.218+0.161%$149K$299K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.1200.000%10xas long as short
Entropy io:DRAM+0.0050%1h61.144+0.039%$300K$1.7M25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.195+0.123%$255K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.150+0.049%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.150+0.049%$1.1M$3.7M10xas long as short
Deribit DRAM_USDC-PERPETUALlong+0.0077%1h61.120long leg$12K$4K20x
Pacifica DRAM+0.0100%1h61.201+0.133%$75K$31K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.1200.000%$3.0M$409K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.190+0.115%$21K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.170+0.082%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0103%8h61.185+0.106%5xas long as short
Aevo DRAM-PERP+0.0104%1h61.151+0.051%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0119%1h61.080−0.065%$79.2M$38.5M20xas long as short
OKX DRAM-USDT-SWAP+0.0169%8h61.100−0.033%$5.4M$6.4M50xas long as short
Aster DRAMUSDT+0.0175%8h61.139+0.031%$195K$28K20xas long as short
Variational Omni DRAM+0.0214%8h61.209+0.145%$2.2M$686Kas long as short
Coinbase International DRAM-PERP-INTX+0.0216%1h61.140+0.033%$536K$91K20xas long as short
Binance DRAMUSDT+0.0268%8h61.118−0.003%$44.1M$98.6M50xas long as short
MEXC DRAM_USDT+0.0270%8h61.1200.000%$9.7M$5.5M100xas long as short
Extended DRAM-USD+0.0272%1h61.090−0.050%$101K$504K10xas long as short
GRVT DRAM_USDT_Perp+0.0297%8h61.240+0.196%$36K$230K10xas long as short
BloFin DRAM-USDTshort+0.0674%8h61.240+0.196%$307K$27K20x