Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h −0.031%

Price spread now: MEXC against Deribit+0.016%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 MEXC

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	62.470	0.0230	pay 0.0029% / 1h	22m 48s	$13K	$3K	20x
Short	MEXC DRAM_USDT	62.480	0.0391	get 0.0391% / 8h	4h 22m	$8.9M	$5.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.016%Rate

Funding earned: $33.71
Price spread: +0.016% → 0.000%: $1.6
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: $28.31
Costs to cover: 0.070%
Break-even: 1.1 days

Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago	0.80 bp	0.8 bp −$1	2.1 bp −$21	6.7 bp −$672	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	62.480	+0.016%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.480	+0.016%	$744	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.420	−0.080%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.480	+0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.422	−0.076%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.466	−0.006%	$971K	$1.0M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0037%	8h	62.460	−0.016%	$37K	$171K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.440	−0.048%	$49K	$78K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.430	−0.064%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.448	−0.035%	$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	62.478	+0.013%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.410	−0.096%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.470	0.000%	$1.0M	$78K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0066%	1h	62.463	−0.011%	$81.9M	$35.3M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0082%	8h	62.464	−0.010%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0093%	8h	62.490	+0.032%	$26.3M	$13.2M	20x	as long as short
edgeX DRAMUSDC	+0.0095%	4h	62.448	−0.035%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.434	−0.057%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.450	−0.032%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.470	0.000%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.490	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.486	+0.026%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0112%	8h	62.510	+0.064%	$5.5M	$4.5M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.224%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0158%	1h	62.443	−0.043%	$183K	$441K	25x	as long as short
Bybit DRAMUSDT	+0.0159%	8h	62.506	+0.058%	$9.8M	$9.7M	100x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0230%	1h	62.470	long leg	$13K	$3K	20x
Aster DRAMUSDT	+0.0274%	8h	62.461	−0.015%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0355%	8h	62.443	−0.043%	$2.4M	$747K	—	as long as short
Extended DRAM-USD	+0.0384%	1h	62.469	−0.002%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0388%	8h	62.486	+0.026%	$45.0M	$80.0M	50x	as long as short
MEXC DRAM_USDTshort	+0.0391%	8h	62.480	+0.016%	$8.9M	$5.5M	100x
BloFin DRAM-USDT	+0.0454%	8h	62.510	+0.064%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0634%	8h	62.510	+0.064%	$8.2M	$3.5M	75x	as long as short