Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h +0.023%

Price spread now: tradeXYZ against edgeX−0.054%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$350.353% of the position

Long on edgeX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.054%, 7d avg −0.035%

Together, before fees+0.102%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$1 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	61.282	0.0081	pay 0.0041% / 4h	1h 01m	$149K	$299K	20x
Short	tradeXYZ xyz:DRAM	61.249	0.0119	get 0.0015% / 1h	1m 37s	$79.4M	$38.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.054%Rate

Funding earned: $7.89
Price spread: −0.054% → −0.035%: −$1.98
Slippage, 4 orders: −$8.32
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$29.41
Costs to cover: 0.353%
Break-even: 33.1 days

Slippage from edgeX: live order book, 44 min ago; tradeXYZ: live order book, 11 min ago.

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, 44 min ago	3.26 bp	8.1 bp −$8	15.9 bp −$159	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.16 bp	9.3 bp −$9	11.1 bp −$111	doesn't fit	doesn't fit

DRAM on 34 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.300	+0.029%	$9.6M	$11.2M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.290	+0.013%	$26.8M	$17.1M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.250	−0.053%	$858	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.280	−0.004%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.280	−0.004%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.253	−0.048%	$1K	$26K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.240	−0.069%	$59K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.200	−0.134%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.257	−0.041%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.269	−0.022%	$2K	$15K	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.230	−0.085%	$1.1M	$3.7M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.250	−0.053%	$1.0M	$98K	10x	as long as short
Lighter DRAM	+0.0064%	1h	61.266	−0.027%	$1.1M	$1.4M	20x	as long as short
Gate DRAM_USDT	+0.0068%	8h	61.300	+0.029%	$8.0M	$3.8M	75x	as long as short
edgeX DRAMUSDClong	+0.0081%	4h	61.282	long leg	$149K	$299K	20x
Pacifica DRAM	+0.0100%	1h	61.222	−0.098%	$75K	$31K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.270	−0.020%	$3.0M	$412K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.300	+0.029%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.280	−0.004%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.278	−0.006%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0108%	8h	61.261	−0.034%	—	—	5x	as long as short
tradeXYZ xyz:DRAMshort	+0.0119%	1h	61.249	−0.054%	$79.4M	$38.8M	20x
OKX DRAM-USDT-SWAP	+0.0168%	8h	61.310	+0.045%	$5.5M	$6.6M	50x	as long as short
Aster DRAMUSDT	+0.0185%	8h	61.265	−0.029%	$196K	$28K	20x	as long as short
Variational Omni DRAM	+0.0224%	8h	61.299	+0.027%	$2.2M	$698K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.140	−0.232%	$536K	$91K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0240%	1h	61.260	−0.036%	$13K	$3K	20x	as long as short
MEXC DRAM_USDT	+0.0278%	8h	61.270	−0.020%	$9.0M	$5.4M	100x	as long as short
Binance DRAMUSDT	+0.0279%	8h	61.280	−0.004%	$44.3M	$98.9M	50x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.258	−0.039%	$98K	$293K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0344%	8h	61.300	+0.029%	$36K	$228K	10x	as long as short
Entropy io:DRAM	+0.0378%	1h	61.228	−0.089%	$303K	$1.7M	25x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.266	−0.026%	$461K	$367K	20x	as long as short
BloFin DRAM-USDT	+0.0672%	8h	61.270	−0.020%	$306K	$27K	20x	as long as short