Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0535%/8h= +58.6% APRpaid last 24h +0.080%

Price spread now: BloFin against edgeX+0.021%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.331% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.021%, 7d avg +0.014%

Together, before fees+0.054%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	62.437	0.0040	pay 0.0020% / 4h	40m 48s	$151K	$296K	20x
Short	BloFin DRAM-USDT	62.450	0.0575	get 0.0575% / 8h	4h 40m	$302K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.021%Rate

Funding earned: $112.36
Price spread: +0.021% → +0.014%: $0.7
Slippage, 4 orders: −$12.09
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $79.97
Costs to cover: 0.331%
Break-even: 2.0 days

Slippage from edgeX: live order book, 17 min ago; BloFin: 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, 17 min ago	2.40 bp	6.9 bp −$7	14.4 bp −$144	doesn't fit	doesn't fit
Sell BloFin live order book, 59 min ago	2.41 bp	9.7 bp −$10	14.0 bp −$140	48.4 bp −$4,843	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	62.455	+0.030%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.460	+0.037%	$635	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	−0.075%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.460	+0.037%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	62.388	−0.079%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.444	+0.012%	$970K	$1.0M	20x	as long as short
edgeX DRAMUSDClong	+0.0040%	4h	62.437	long leg	$151K	$296K	20x
Arcus DRAM-USD	+0.0040%	1h	62.360	−0.123%	$51K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.400	−0.059%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.416	−0.033%	$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	62.456	+0.031%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.390	−0.075%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.440	+0.005%	$1.0M	$78K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0081%	8h	62.402	−0.055%	$37K	$167K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0097%	8h	62.436	0.000%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.452	+0.024%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.420	−0.027%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.390	−0.075%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.470	+0.053%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.467	+0.048%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0105%	1h	62.427	−0.016%	$81.8M	$35.6M	20x	as long as short
Bitget DRAMUSDT	+0.0106%	8h	62.460	+0.037%	$26.3M	$13.2M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0143%	8h	62.470	+0.053%	$5.5M	$4.5M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.171%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0167%	1h	62.410	−0.043%	$215K	$428K	25x	as long as short
Bybit DRAMUSDT	+0.0203%	8h	62.487	+0.081%	$9.7M	$9.8M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.440	+0.005%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0316%	8h	62.470	+0.053%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0393%	8h	62.463	+0.043%	$2.4M	$753K	—	as long as short
Binance DRAMUSDT	+0.0432%	8h	62.452	+0.024%	$45.0M	$80.4M	50x	as long as short
Extended DRAM-USD	+0.0432%	1h	62.437	+0.001%	$75K	$636K	10x	as long as short
MEXC DRAM_USDT	+0.0434%	8h	62.460	+0.037%	$9.2M	$5.4M	100x	as long as short
BloFin DRAM-USDTshort	+0.0575%	8h	62.450	+0.021%	$302K	$26K	20x
Gate DRAM_USDT	+0.0611%	8h	62.490	+0.085%	$8.2M	$3.5M	75x	as long as short