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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0181%/8h= +19.8% APRpaid last 24h +0.027%
Price spread now: Coinbase International against edgeX−0.177%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.243%+$24 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.177%, 7d avg −0.161%
Together, before fees+0.375%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.161%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DRAMUSDC60.9580.0099pay 0.0050% / 4h2h 21m$148K$299K20x
ShortCoinbase International DRAM-PERP-INTX60.8500.0280get 0.0035% / 1h21m 06s$533K$87K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$37.93
Price spread: −0.177% → −0.161%
−$1.61
Slippage, 4 orders
−$25.37
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$8.04
Costs to cover
0.444%
Break-even
8.5 days
Slippage from edgeX: live order book, 30 min ago; Coinbase International: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 30 min ago6.58 bp11.2 bp −$1118.9 bp −$189doesn't fitdoesn't fit
Sell Coinbase International live order book, 30 min ago3.29 bp8.7 bp −$912.9 bp −$129doesn't fitdoesn't fit

DRAM on 34 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0068%8h60.930−0.046%$26.6M$15.9M20xas long as short
SunX DRAM-USDT0.0000%8h60.940−0.029%$569$2.4M10xas long as short
HTX DRAM-USDT0.0000%8h60.900−0.095%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.920−0.062%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0019%8h60.940−0.029%$9.5M$10.9M100xas long as short
Aftermath Perps DRAMUSD+0.0036%1h60.918−0.065%$1K$28K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.880−0.128%10xas long as short
QFEX DRAM-USD+0.0048%1h60.920−0.062%$992K$96K10xas long as short
Entropy io:DRAM+0.0050%1h60.934−0.039%$473K$1.6M25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.913−0.074%$253K$1.3M10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX DRAM-USD+0.0050%1h60.912−0.075%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.870−0.144%$1.1M$3.5M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0078%1h60.910−0.079%$13K$3K20xas long as short
Lighter DRAM+0.0096%1h60.905−0.087%$1.1M$1.4M20xas long as short
edgeX DRAMUSDClong+0.0099%4h60.958long leg$148K$299K20x
Pacifica DRAM+0.0100%1h60.880−0.128%$73K$30K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.880−0.128%$3.0M$413K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.000+0.069%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.950−0.013%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0103%8h60.926−0.052%5xas long as short
Aevo DRAM-PERP+0.0104%1h60.915−0.070%$4K10xas long as short
RISEx DRAM/USDC+0.0107%1h60.923−0.057%$461K$369K20xas long as short
Aster DRAMUSDT+0.0129%8h60.884−0.121%$194K$28K20xas long as short
OKX DRAM-USDT-SWAP+0.0131%8h60.950−0.013%$5.5M$6.5M50xas long as short
Gate DRAM_USDT+0.0145%8h60.940−0.029%$7.9M$3.7M75xas long as short
tradeXYZ xyz:DRAM+0.0153%1h60.902−0.092%$79.1M$37.0M20xas long as short
Variational Omni DRAM+0.0159%8h60.963+0.007%$2.2M$666Kas long as short
MEXC DRAM_USDT+0.0219%8h60.910−0.079%$8.8M$5.5M100xas long as short
Binance DRAMUSDT+0.0220%8h60.920−0.062%$44.3M$94.4M50xas long as short
Extended DRAM-USD+0.0224%1h60.911−0.076%$99K$298K10xas long as short
Coinbase International DRAM-PERP-INTXshort+0.0280%1h60.850−0.177%$533K$87K20x
BloFin DRAM-USDT+0.0518%8h60.940−0.029%$305K$26K20xas long as short
Arcus DRAM-USD+0.0540%1h60.890−0.111%$60K$87K10xas long as short
GRVT DRAM_USDT_Perp+0.0743%8h60.932−0.042%$36K$214K10xas long as short