Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0140%/8h= +15.4% APRpaid last 24h +0.036%

Price spread now: Bybit against edgeX+0.094%101s7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as 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−$290.290% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 3 days (all we have)−0.086%−$9 · spread now +0.094%, 7d avg +0.026%

Together, before fees−0.109%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.068% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 101 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	61.783	0.0095	pay 0.0048% / 4h	1h 09m	$153K	$288K	20x
Short	Bybit DRAMUSDT	61.841	0.0236	get 0.0236% / 8h	1h 09m	$9.3M	$10.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.094%Rate

Funding earned: $29.49
Price spread: +0.094% → +0.026%: $6.83
Slippage, 4 orders: −$9.03
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $7.29
Costs to cover: 0.290%
Break-even: 5.3 days

Slippage from edgeX: live order book, 8 min ago; Bybit: live order book, 3 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, 8 min ago	2.43 bp	7.5 bp −$7	16.0 bp −$160	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.81 bp	7.0 bp −$7	13.3 bp −$133	109.1 bp −$10.9K	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
Gate DRAM_USDT	0.0000%	8h	61.810	+0.044%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.800	+0.028%	$751	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.730	−0.085%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.790	+0.012%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.765	−0.028%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.720	−0.102%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.729	−0.087%	$260K	$510K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.769	−0.022%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.786	+0.005%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.720	−0.102%	$1.2M	$1.7M	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	+0.0052%	1h	61.790	+0.012%	$1.0M	$80K	10x	as long as short
edgeX DRAMUSDClong	+0.0095%	4h	61.783	long leg	$153K	$288K	20x
Pacifica DRAM	+0.0100%	1h	61.729	−0.087%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.750	−0.053%	$3.0M	$477K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.028%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.770	−0.021%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.788	+0.009%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0106%	8h	61.740	−0.069%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0113%	8h	61.810	+0.044%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0118%	8h	61.790	+0.012%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0140%	8h	61.785	+0.003%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0153%	8h	61.776	−0.012%	—	—	5x	as long as short
Variational Omni DRAM	+0.0196%	8h	61.777	−0.010%	$2.4M	$938K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.328%	$510K	$43K	20x	as long as short
Bybit DRAMUSDTshort	+0.0236%	8h	61.841	+0.094%	$9.3M	$10.4M	100x
MEXC DRAM_USDT	+0.0239%	8h	61.810	+0.044%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.795	+0.020%	$77K	$765K	10x	as long as short
Binance DRAMUSDT	+0.0240%	8h	61.810	+0.044%	$43.8M	$82.7M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.786	+0.005%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0272%	1h	61.784	+0.002%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0286%	1h	61.772	−0.017%	$79.3M	$39.5M	20x	as long as short
BloFin DRAM-USDT	+0.0461%	8h	61.770	−0.021%	$294K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0560%	1h	61.790	+0.012%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.780	−0.004%	$50K	$91K	10x	as long as short