Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h +0.071%

Price spread now: Deribit against edgeX+0.021%75s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.021% dearer against edgeX than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 75 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	61.187	0.0068	pay 0.0034% / 4h	2h 35m	$148K	$298K	20x
Short	Deribit DRAM_USDC-PERPETUAL	61.200	0.0077	get 0.0010% / 1h	35m 57s	$13K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.021%Rate

Funding earned: $1.91
Price spread: +0.021% → 0.000%: $2.15
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$11.94
Costs to cover: 0.160%
Break-even: 50.7 days

Slippage unknown: edgeX: live order book, 12 min ago; Deribit: no order-book sample. Net counts fees only.

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, 12 min ago	2.43 bp	7.2 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0174%	8h	61.300	+0.185%	$25.9M	$13.9M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.199	+0.021%	$424K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.212	+0.040%	$36K	$192K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.240	+0.087%	$882	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.190	+0.005%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.270	+0.136%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.295	+0.177%	$1K	$31K	5x	as long as short
Bybit DRAMUSDT	+0.0033%	8h	61.297	+0.180%	$9.4M	$10.1M	100x	as long as short
OKX DRAM-USDT-SWAP	+0.0040%	8h	61.300	+0.185%	$5.4M	$5.1M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.240	+0.087%	$48K	$76K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.200	+0.021%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.190	+0.005%	$997K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.243	+0.092%	$169K	$466K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.207	+0.033%	$257K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.221	+0.056%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.180	−0.011%	$1.1M	$2.8M	10x	as long as short
edgeX DRAMUSDClong	+0.0068%	4h	61.187	long leg	$148K	$298K	20x
Deribit DRAM_USDC-PERPETUALshort	+0.0077%	1h	61.200	+0.021%	$13K	$3K	20x
Aster DRAMUSDT	+0.0080%	8h	61.282	+0.155%	$197K	$35K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.185	−0.003%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.240	+0.087%	$3.0M	$403K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.180	−0.011%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.210	+0.038%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0103%	8h	61.180	−0.012%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.213	+0.042%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0133%	8h	61.216	+0.047%	$2.3M	$676K	—	as long as short
tradeXYZ xyz:DRAM	+0.0155%	1h	61.244	+0.093%	$79.4M	$35.6M	20x	as long as short
BloFin DRAM-USDT	+0.0159%	8h	61.340	+0.250%	$301K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0159%	8h	61.280	+0.152%	$8.0M	$3.6M	75x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.150	−0.060%	$525K	$74K	20x	as long as short
Binance DRAMUSDT	+0.0189%	8h	61.263	+0.125%	$43.8M	$84.4M	50x	as long as short
MEXC DRAM_USDT	+0.0190%	8h	61.280	+0.152%	$8.5M	$5.6M	100x	as long as short
Lighter DRAM	+0.0192%	1h	61.234	+0.077%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0192%	1h	61.251	+0.106%	$76K	$191K	10x	as long as short