Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0393%/8h= −43.0% APRpaid last 24h −0.104%

Price spread now: HTX against Deribit+0.064%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 HTX

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

The price spread pays, funding is against you. HTX is 0.064% dearer against Deribit than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	62.280	0.0393	pay 0.0049% / 1h	30m 28s	$13K	$3K	20x
Short	HTX DRAM-USDT	62.320	0	get 0.0000% / 8h	7h 30m	$28K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$82.46
Price spread: +0.064% → 0.000%: $6.42
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$95.04
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; HTX: 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 Deribit no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Deribit and HTX: 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
SunX DRAM-USDT	0.0000%	8h	62.290	+0.016%	$771	$3.0M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	62.320	+0.064%	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	62.290	+0.016%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	62.293	+0.021%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.280	0.000%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.304	+0.039%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.292	+0.019%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.270	−0.016%	$1.1M	$1.9M	10x	as long as short
edgeX DRAMUSDC	+0.0070%	4h	62.351	+0.114%	$151K	$296K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.339	+0.095%	$76K	$40K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.300	+0.032%	$3.0M	$434K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.300	+0.032%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.300	+0.032%	$9K	—	10x	as long as short
Lighter DRAM	+0.0104%	1h	62.317	+0.059%	$964K	$1.2M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.294	+0.022%	$4K	—	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.320	+0.064%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.578%	$535K	$95K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0205%	8h	62.334	+0.087%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0225%	8h	62.350	+0.112%	$5.5M	$4.7M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0258%	1h	62.308	+0.045%	$81.8M	$39.4M	20x	as long as short
Aster DRAMUSDT	+0.0392%	8h	62.242	−0.061%	$200K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0393%	1h	62.280	long leg	$13K	$3K	20x
Bybit DRAMUSDT	+0.0400%	8h	62.376	+0.154%	$9.6M	$10.5M	100x	as long as short
Bitget DRAMUSDT	+0.0450%	8h	62.340	+0.096%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0481%	8h	62.305	+0.041%	$2.4M	$751K	—	as long as short
Entropy io:DRAM	+0.0497%	1h	62.266	−0.022%	$254K	$462K	25x	as long as short
MEXC DRAM_USDT	+0.0518%	8h	62.330	+0.080%	$9.7M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0520%	1h	62.321	+0.066%	$75K	$769K	10x	as long as short
Binance DRAMUSDT	+0.0524%	8h	62.334	+0.087%	$44.5M	$81.5M	50x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.290	+0.016%	$51K	$82K	10x	as long as short
Gate DRAM_USDT	+0.0660%	8h	62.340	+0.096%	$8.3M	$3.4M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0866%	8h	62.370	+0.145%	$37K	$157K	10x	as long as short
BloFin DRAM-USDT	+0.0891%	8h	62.320	+0.064%	$298K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.325	+0.073%	$460K	$495K	20x	as long as short