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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0194%/8h= −21.2% APRnext payment $0.24 per $10,000 · paid last 24h −0.072%
Price spread now: Ondo Perps against Deribit−0.033%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.033% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DRAM_USDC-PERPETUAL60.7700.0244pay 0.0030% / 1h2m 37s$13K$3K20x
ShortOndo Perps DRAM-USD.P60.7500.0050get 0.0006% / 1h2m 37s$1.1M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$40.64
Price spread: −0.033% → 0.000%
−$3.29
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$55.93
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Ondo Perps no order-book sample
Deribit and Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0383%8h60.840+0.115%$26.6M$15.2M20xas long as short
Aster DRAMUSDT0.0000%8h60.679−0.150%$194K$26K20xas long as short
RISEx DRAM/USDC0.0000%1h60.771+0.002%$415K$339K20xas long as short
Variational Omni DRAM0.0000%8h60.785+0.025%$2.1M$730Kas long as short
SunX DRAM-USDT0.0000%8h60.790+0.033%$822$2.5M10xas long as short
HTX DRAM-USDT0.0000%8h60.780+0.016%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.820+0.082%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0016%4h60.820+0.082%$147K$300K20xas long as short
Aftermath Perps DRAMUSD+0.0040%1h60.721−0.081%$1K$28K5xas long as short
Arcus DRAM-USD+0.0040%1h60.790+0.033%$47K$68K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h60.730−0.066%10xas long as short
MEXC DRAM_USDT+0.0048%8h60.830+0.099%$8.8M$5.6M100xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.749−0.035%$252K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.819+0.081%$2K$15K20xas long as short
Ondo Perps DRAM-USD.Pshort+0.0050%1h60.750−0.033%$1.1M$3.5M10x
QFEX DRAM-USD+0.0053%1h60.790+0.033%$990K$93K10xas long as short
Extended DRAM-USD+0.0056%1h60.794+0.039%$73K$259K10xas long as short
Binance DRAMUSDT+0.0060%8h60.810+0.066%$44.0M$92.2M50xas long as short
OKX DRAM-USDT-SWAP+0.0063%8h60.830+0.099%$5.4M$6.4M50xas long as short
Pacifica DRAM+0.0100%1h60.824+0.090%$73K$30K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.720−0.082%$3.0M$410K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.820+0.082%$21K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.790+0.033%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.769−0.002%$4K10xas long as short
Entropy io:DRAM+0.0133%1h60.767−0.005%$1.1M$991K25xas long as short
Gate DRAM_USDT+0.0135%8h60.840+0.115%$7.9M$3.8M75xas long as short
Bybit DRAMUSDT+0.0155%8h60.824+0.089%$9.6M$10.6M100xas long as short
Paradex DRAM-USD-PERP+0.0200%8h60.858+0.145%5xas long as short
tradeXYZ xyz:DRAM+0.0211%1h60.803+0.054%$79.3M$36.4M20xas long as short
BloFin DRAM-USDT+0.0228%8h60.810+0.066%$297K$26K20xas long as short
Deribit DRAM_USDC-PERPETUALlong+0.0244%1h60.770long leg$13K$3K20x
Coinbase International DRAM-PERP-INTX+0.0248%1h60.100−1.103%$527K$87K20xas long as short
Lighter DRAM+0.0312%1h60.829+0.097%$1.1M$1.3M20xas long as short
GRVT DRAM_USDT_Perp+0.0537%8h60.860+0.148%$36K$213K10xas long as short