Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h —

Price spread now: Paradex against edgeX−0.186%52s7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Funding pays, the price is against you. Paradex is 0.186% cheaper against edgeX than usual: you would sell low and buy high (spread −0.186% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 10 days of funding at the current rate (+$2 a day). The two prices were read 52 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	61.407	0.0049	pay 0.0025% / 4h	1h 55m	$149K	$297K	20x
Short	Paradex DRAM-USD-PERP	61.292	0.0110	get 0.0110% / 8h	1h 55m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.186%Rate

Funding earned: $12.85
Price spread: −0.186% → 0.000%: −$18.62
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$18.77
Costs to cover: 0.130%
Break-even: 17.2 days

Slippage unknown: edgeX: live order book, 52 min ago; Paradex: 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, 52 min ago	2.43 bp	7.2 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0429%	8h	61.300	−0.174%	$26.0M	$14.5M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.291	−0.188%	$425K	$506K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.330	−0.125%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.460	+0.087%	$36K	$197K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.280	−0.206%	$617	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.280	−0.206%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.240	−0.271%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.280	−0.206%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0004%	8h	61.306	−0.164%	$9.4M	$10.3M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.346	−0.098%	$1K	$31K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0038%	8h	61.290	−0.190%	$5.4M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.290	−0.190%	$998K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.360	−0.076%	$48K	$69K	10x	as long as short
Aster DRAMUSDT	+0.0042%	8h	61.298	−0.177%	$197K	$35K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.290	−0.190%	—	—	10x	as long as short
edgeX DRAMUSDClong	+0.0049%	4h	61.407	long leg	$149K	$297K	20x
Entropy io:DRAM	+0.0050%	1h	61.299	−0.175%	$169K	$471K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.265	−0.231%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.285	−0.198%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.370	−0.060%	$1.1M	$3.4M	10x	as long as short
Lighter DRAM	+0.0064%	1h	61.302	−0.170%	$1.1M	$1.1M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0085%	1h	61.269	−0.224%	$79.3M	$36.2M	20x	as long as short
Variational Omni DRAM	+0.0091%	8h	61.274	−0.215%	$2.3M	$682K	—	as long as short
Pacifica DRAM	+0.0100%	1h	61.279	−0.208%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.270	−0.222%	$3.0M	$413K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.490	+0.136%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.290	−0.190%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.280	−0.206%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERPshort	+0.0110%	8h	61.292	−0.186%	—	—	5x
Binance DRAMUSDT	+0.0149%	8h	61.276	−0.212%	$43.9M	$87.1M	50x	as long as short
MEXC DRAM_USDT	+0.0149%	8h	61.270	−0.222%	$8.0M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0152%	1h	61.268	−0.226%	$74K	$190K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.483%	$525K	$75K	20x	as long as short
BloFin DRAM-USDT	+0.0163%	8h	61.400	−0.011%	$299K	$26K	20x	as long as short