Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.021%

Price spread now: Aster against edgeX−0.221%110s7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.379% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.221%, 7d avg +0.005%

Together, before fees+0.179%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.226% cheaper against edgeX than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of +0.005%). If the spread goes back, that is −$23 on $10k: about 12 days of funding at the current rate (+$2 a day). The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	61.455	0.0019	pay 0.0010% / 4h	2h 37m	$149K	$297K	20x
Short	Aster DRAMUSDT	61.319	0.0080	get 0.0080% / 8h	2h 37m	$197K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now −0.221%Rate

Funding earned: $12.84
Price spread: −0.221% → +0.005%: −$22.61
Slippage, 4 orders: −$20.86
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$47.63
Costs to cover: 0.379%
Break-even: 33.0 days

Slippage from edgeX: live order book, 10 min ago; Aster: live order book, 9 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, 10 min ago	2.43 bp	7.2 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell Aster live order book, 9 min ago	3.24 bp	10.1 bp −$10	11.2 bp −$112	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
Bitget DRAMUSDT	−0.0129%	8h	61.310	−0.237%	$25.9M	$13.9M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.167	−0.468%	$424K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.319	−0.221%	$36K	$192K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.210	−0.399%	$610	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.190	−0.432%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.240	−0.350%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDClong	+0.0019%	4h	61.455	long leg	$149K	$297K	20x
Aftermath Perps DRAMUSD	+0.0024%	1h	61.341	−0.186%	$1K	$31K	5x	as long as short
Bybit DRAMUSDT	+0.0036%	8h	61.329	−0.206%	$9.5M	$10.0M	100x	as long as short
OKX DRAM-USDT-SWAP	+0.0039%	8h	61.330	−0.204%	$5.4M	$4.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.260	−0.318%	$48K	$76K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.160	−0.481%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.170	−0.464%	$996K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.286	−0.276%	$169K	$466K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.147	−0.502%	$257K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.145	−0.505%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.110	−0.562%	$1.1M	$2.7M	10x	as long as short
Aster DRAMUSDTshort	+0.0080%	8h	61.319	−0.221%	$197K	$35K	20x
Pacifica DRAM	+0.0100%	1h	61.291	−0.268%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.230	−0.367%	$3.0M	$403K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.290	−0.269%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.180	−0.448%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0104%	8h	61.291	−0.268%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.182	−0.446%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0146%	8h	61.286	−0.276%	$2.3M	$676K	—	as long as short
tradeXYZ xyz:DRAM	+0.0157%	1h	61.284	−0.279%	$79.5M	$35.6M	20x	as long as short
BloFin DRAM-USDT	+0.0169%	8h	61.190	−0.432%	$299K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0173%	8h	61.280	−0.285%	$8.0M	$3.6M	75x	as long as short
Lighter DRAM	+0.0176%	1h	61.304	−0.246%	$1.1M	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.150	−0.497%	$525K	$74K	20x	as long as short
MEXC DRAM_USDT	+0.0190%	8h	61.270	−0.302%	$8.5M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0190%	8h	61.300	−0.253%	$43.8M	$84.2M	50x	as long as short
Extended DRAM-USD	+0.0192%	1h	61.209	−0.401%	$74K	$189K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0241%	1h	61.190	−0.432%	$13K	$3K	20x	as long as short