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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0866%/8h= +94.8% APRnext payment +$1.08 per $10,000 · paid last 24h −0.024%
Price spread now: RISEx against Deribit+0.121%7-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 3 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 +$26 a day on $10k at the current rate, and RISEx is 0.121% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DRAM_USDC-PERPETUAL62.4300.0231pay 0.0029% / 1h27m 38s$13K$3K20x
ShortRISEx DRAM/USDC62.5060.1096get 0.0137% / 1h27m 38s$462K$495K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$181.79
Price spread: +0.121% → 0.000%
$12.13
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$180.91
Costs to cover
0.130%
Break-even
0.0 days
Slippage unknown: Deribit: no order-book sample; RISEx: live order book, 46 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 RISEx live order book, 46 min ago1.37 bp4.4 bp −$44.9 bp −$49doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.440+0.016%$747$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.330−0.160%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.440+0.016%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0026%4h62.305−0.200%$151K$297K20xas long as short
Aftermath Perps DRAMUSD+0.0037%1h62.334−0.153%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.360−0.112%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.412−0.029%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.405−0.040%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.370−0.096%$1.1M$1.9M10xas long as short
Pacifica DRAM+0.0100%1h62.440+0.016%$76K$41K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.410−0.032%$3.0M$432K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.300−0.208%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.480+0.080%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.457+0.043%$4K10xas long as short
Lighter DRAM+0.0128%1h62.510+0.128%$972K$1.3M20xas long as short
QFEX DRAM-USD+0.0160%1h62.510+0.128%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.390−0.064%$540K$96K20xas long as short
Paradex DRAM-USD-PERP+0.0214%8h62.519+0.143%5xas long as short
OKX DRAM-USDT-SWAP+0.0231%8h62.520+0.144%$5.5M$4.7M50xas long as short
Deribit DRAM_USDC-PERPETUALlong+0.0231%1h62.430long leg$13K$3K20x
tradeXYZ xyz:DRAM+0.0256%1h62.487+0.091%$82.1M$39.5M20xas long as short
Aster DRAMUSDT+0.0410%8h62.356−0.119%$201K$36K20xas long as short
Bybit DRAMUSDT+0.0455%8h62.570+0.224%$9.6M$10.5M100xas long as short
Bitget DRAMUSDT+0.0466%8h62.480+0.080%$26.2M$12.9M20xas long as short
Variational Omni DRAM+0.0481%8h62.305−0.200%$2.4M$751Kas long as short
Entropy io:DRAM+0.0513%1h62.343−0.139%$254K$462K25xas long as short
MEXC DRAM_USDT+0.0533%8h62.500+0.112%$9.8M$6.7M100xas long as short
Extended DRAM-USD+0.0536%1h62.488+0.093%$75K$769K10xas long as short
Binance DRAMUSDT+0.0537%8h62.498+0.109%$44.6M$81.7M50xas long as short
Arcus DRAM-USD+0.0606%1h62.350−0.128%$51K$81K10xas long as short
Gate DRAM_USDT+0.0753%8h62.510+0.128%$8.3M$3.4M75xas long as short
GRVT DRAM_USDT_Perp+0.0771%8h62.312−0.189%$37K$157K10xas long as short
BloFin DRAM-USDT+0.0899%8h62.370−0.096%$298K$26K20xas long as short
RISEx DRAM/USDCshort+0.1096%1h62.506+0.121%$462K$495K20x