Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h −0.005%

Price spread now: Ondo Perps against edgeX−0.113%7-day average −0.103% · you buy dearer than you sell

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

Long on edgeX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.113%, 7d avg −0.103%

Together, before fees−0.037%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.103%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	60.608	0.0065	pay 0.0033% / 4h	3h 45m	$147K	$299K	20x
Short	Ondo Perps DRAM-USD.P	60.540	0.0050	get 0.0006% / 1h	45m 21s	$1.0M	$3.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.113%Rate

Funding earned: −$3.14
Price spread: −0.113% → −0.103%: −$0.98
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$18.12
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 53 min ago; Ondo Perps: 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, 53 min ago	2.46 bp	7.0 bp −$7	15.3 bp −$153	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0698%	8h	60.610	+0.003%	$26.4M	$15.1M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.607	−0.001%	$194K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.584	−0.040%	$76K	$222K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.590	−0.030%	$43.6M	$89.6M	50x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.612	+0.006%	$9.6M	$10.4M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.593	−0.025%	$418K	$339K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.630	+0.036%	$7.9M	$3.6M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.590	−0.030%	$8.4M	$5.4M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.545	−0.104%	$2.3M	$581K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.640	+0.052%	$35K	$209K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX DRAM-USDT	0.0000%	8h	60.590	−0.030%	$714	$2.5M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.560	−0.080%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.600	−0.014%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0004%	8h	60.600	−0.014%	$5.4M	$6.1M	50x	as long as short
BloFin DRAM-USDT	+0.0011%	8h	60.610	+0.003%	$300K	$25K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	60.587	−0.035%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.590	−0.030%	$47K	$66K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.540	−0.113%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.566	−0.070%	$177K	$472K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.600	−0.014%	$252K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.585	−0.038%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Pshort	+0.0050%	1h	60.540	−0.113%	$1.0M	$3.5M	10x
QFEX DRAM-USD	+0.0053%	1h	60.590	−0.030%	$987K	$84K	10x	as long as short
edgeX DRAMUSDClong	+0.0065%	4h	60.608	long leg	$147K	$299K	20x
Deribit DRAM_USDC-PERPETUAL	+0.0080%	1h	60.580	−0.047%	$12K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0088%	1h	60.600	−0.014%	$78.3M	$35.1M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0095%	8h	60.591	−0.028%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.549	−0.098%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.810	+0.333%	$3.0M	$403K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.570	−0.063%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.600	−0.014%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.578	−0.049%	$4K	—	10x	as long as short
Lighter DRAM	+0.0232%	1h	60.595	−0.022%	$1.1M	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.590	−0.030%	$532K	$86K	20x	as long as short