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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0490%/8h= +53.7% APRpaid last 24h +0.056%
Price spread now: MEXC against edgeX−0.022%53s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$160.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.022%, 7d avg +0.003%
Together, before fees+0.020%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.025% cheaper against edgeX than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.003%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.076% in total) that is about 2.3 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DRAMUSDC62.2140.0073pay 0.0036% / 4h2h 00m$151K$298K20x
ShortMEXC DRAM_USDT62.2000.0563get 0.0563% / 8h6h 00m$9.6M$5.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$102.97
Price spread: −0.022% → +0.003%
−$2.53
Slippage, 4 orders
−$6.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
$84.5
Costs to cover
0.159%
Break-even
1.3 days
Slippage from edgeX: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago2.41 bp7.4 bp −$714.5 bp −$145doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.80 bp0.8 bp −$10.8 bp −$85.9 bp −$591doesn't fit

DRAM on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.240+0.042%$789$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.150−0.102%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.240+0.042%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0032%1h62.174−0.064%$1K$34K5xas long as short
Arcus DRAM-USD+0.0040%1h62.190−0.038%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.170−0.070%10xas long as short
QFEX DRAM-USD+0.0046%1h62.210−0.006%$1.0M$78K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.213−0.001%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.223+0.015%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.160−0.086%$1.2M$1.9M10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:DRAM+0.0052%1h62.156−0.093%$253K$426K25xas long as short
edgeX DRAMUSDClong+0.0073%4h62.214long leg$151K$298K20x
Pacifica DRAM+0.0100%1h62.164−0.080%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.180−0.054%$3.0M$401K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.190−0.038%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.270+0.091%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.262+0.077%$4K10xas long as short
Bitget DRAMUSDT+0.0117%8h62.220+0.010%$26.1M$13.1M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.040−0.279%$534K$81K20xas long as short
Paradex DRAM-USD-PERP+0.0153%8h62.211−0.005%5xas long as short
Lighter DRAM+0.0160%1h62.197−0.027%$967K$1.0M20xas long as short
tradeXYZ xyz:DRAM+0.0211%1h62.185−0.046%$82.1M$37.0M20xas long as short
OKX DRAM-USDT-SWAP+0.0215%8h62.210−0.006%$5.5M$4.5M50xas long as short
GRVT DRAM_USDT_Perp+0.0257%8h62.235+0.035%$36K$155K10xas long as short
Bybit DRAMUSDT+0.0271%8h62.260+0.074%$9.6M$10.1M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0393%1h62.220+0.010%$13K$3K20xas long as short
Aster DRAMUSDT+0.0438%8h62.248+0.056%$200K$36K20xas long as short
Gate DRAM_USDT+0.0498%8h62.260+0.074%$8.2M$3.5M75xas long as short
Variational Omni DRAM+0.0525%8h62.224+0.017%$2.4M$710Kas long as short
Extended DRAM-USD+0.0560%1h62.195−0.030%$75K$665K10xas long as short
Binance DRAMUSDT+0.0562%8h62.200−0.022%$44.5M$81.6M50xas long as short
MEXC DRAM_USDTshort+0.0563%8h62.200−0.022%$9.6M$5.9M100x
RISEx DRAM/USDC+0.0835%1h62.234+0.033%$448K$505K20xas long as short