Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h +0.008%

Price spread now: ApeX Omni against edgeX+0.093%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$980.978% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.093%, 7d avg +0.022%

Together, before fees+0.021%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.071% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	61.622	0.0018	pay 0.0009% / 4h	2h 51m	$149K	$298K	20x
Short	ApeX Omni DRAMUSDT	61.680	0.0100	get 0.0013% / 1h	51m 50s	$22K	$184K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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 edgeXbpFee ApeX OmnibpOrdersPrice spread, now +0.093%Rate

Funding earned: $17.3
Price spread: +0.093% → +0.022%: $7.14
Slippage, 4 orders: −$78.77
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$73.34
Costs to cover: 0.978%
Break-even: 36.7 days

Slippage from edgeX: live order book, 61 min ago; ApeX Omni: live order book, 59 min ago.

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 edgeX live order book, 61 min ago	2.41 bp	7.5 bp −$7	14.5 bp −$145	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 59 min ago	22.53 bp	47.7 bp −$48	208.6 bp −$2,086	doesn't fit	doesn't fit

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	61.740	+0.191%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.750	+0.207%	$26.1M	$13.9M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.610	−0.020%	$37K	$189K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.760	+0.223%	$1K	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.670	+0.077%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.750	+0.207%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDClong	+0.0018%	4h	61.622	long leg	$149K	$298K	20x
Aftermath Perps DRAMUSD	+0.0024%	1h	61.611	−0.019%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.630	+0.012%	$48K	$76K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.690	+0.110%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0050%	1h	61.740	+0.191%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.721	+0.160%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.738	+0.187%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.700	+0.126%	$1.1M	$2.6M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0060%	8h	61.790	+0.272%	$5.5M	$4.7M	50x	as long as short
Bybit DRAMUSDT	+0.0062%	8h	61.795	+0.280%	$9.5M	$10.0M	100x	as long as short
Entropy io:DRAM	+0.0093%	1h	61.640	+0.028%	$170K	$465K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.695	+0.118%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.730	+0.174%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.680	+0.093%	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.740	+0.191%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.743	+0.195%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0111%	8h	61.757	+0.218%	$199K	$35K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0113%	8h	61.727	+0.170%	—	—	5x	as long as short
Variational Omni DRAM	+0.0175%	8h	61.664	+0.068%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	−0.183%	$528K	$74K	20x	as long as short
Binance DRAMUSDT	+0.0224%	8h	61.750	+0.207%	$44.3M	$83.3M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.753	+0.212%	$74K	$238K	10x	as long as short
MEXC DRAM_USDT	+0.0224%	8h	61.760	+0.223%	$9.0M	$5.5M	100x	as long as short
BloFin DRAM-USDT	+0.0227%	8h	61.720	+0.158%	$300K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0265%	8h	61.790	+0.272%	$8.1M	$3.6M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0273%	1h	61.755	+0.215%	$80.3M	$35.5M	20x	as long as short
Lighter DRAM	+0.0280%	1h	61.758	+0.220%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0723%	1h	61.740	+0.191%	$13K	$3K	20x	as long as short