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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Coinbase International against Entropy−0.063%7-day average −0.167% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.048%+$5 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.063%, 7d avg −0.167%
Together, before fees+0.087%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.104% dearer against Entropy than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.167%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:DRAM62.3690.0161pay 0.0020% / 1h45m 49s$234K$419K25x
ShortCoinbase International DRAM-PERP-INTX62.3300.0152get 0.0019% / 1h45m 49s$535K$75K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Entropy. 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
−$1.85
Price spread: −0.063% → −0.167%
$10.41
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$19.44
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Entropy: live order book, 49 min ago; Coinbase International: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Entropy live order book, 49 min ago2.49 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 12 min ago2.40 bp8.2 bp −$813.1 bp −$131doesn't fitdoesn't fit

DRAM on 34 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
RISEx DRAM/USDC0.0000%1h62.404+0.056%$442K$501K20xas long as short
SunX DRAM-USDT0.0000%8h62.400+0.050%$929$2.7M10xas long as short
Deribit DRAM_USDC-PERPETUAL0.0000%1h62.390+0.034%$13K$3K20xas long as short
HTX DRAM-USDT0.0000%8h62.340−0.046%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.400+0.050%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0011%4h62.357−0.019%$151K$298K20xas long as short
Aftermath Perps DRAMUSD+0.0026%1h62.351−0.029%$1K$32K5xas long as short
Lighter DRAM+0.0032%1h62.376+0.011%$969K$1.0M20xas long as short
Arcus DRAM-USD+0.0040%1h62.360−0.014%$51K$79K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.360−0.014%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DRAM-USD+0.0050%1h62.375+0.010%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.393+0.038%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.300−0.111%$1.1M$2.2M10xas long as short
QFEX DRAM-USD+0.0052%1h62.380+0.018%$1.0M$78K10xas long as short
tradeXYZ xyz:DRAM+0.0097%1h62.363−0.010%$81.8M$35.6M20xas long as short
GRVT DRAM_USDT_Perp+0.0099%8h62.398+0.047%$37K$165K10xas long as short
Pacifica DRAM+0.0100%1h62.353−0.025%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.390+0.034%$3.0M$393K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.370+0.002%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.420+0.082%$9K10xas long as short
Paradex DRAM-USD-PERP+0.0102%8h62.387+0.029%5xas long as short
Aevo DRAM-PERP+0.0104%1h62.417+0.077%$4K10xas long as short
Bitget DRAMUSDT+0.0107%8h62.390+0.034%$26.3M$13.2M20xas long as short
OKX DRAM-USDT-SWAP+0.0149%8h62.400+0.050%$5.5M$4.4M50xas long as short
Coinbase International DRAM-PERP-INTXshort+0.0152%1h62.330−0.063%$535K$75K20x
Entropy io:DRAMlong+0.0161%1h62.369long leg$234K$419K25x
Bybit DRAMUSDT+0.0212%8h62.425+0.090%$9.7M$9.9M100xas long as short
Aster DRAMUSDT+0.0326%8h62.412+0.069%$201K$35K20xas long as short
Variational Omni DRAM+0.0405%8h62.383+0.023%$2.4M$738Kas long as short
Binance DRAMUSDT+0.0442%8h62.391+0.035%$45.0M$80.5M50xas long as short
MEXC DRAM_USDT+0.0447%8h62.390+0.034%$9.2M$5.4M100xas long as short
Extended DRAM-USD+0.0448%1h62.379+0.016%$75K$636K10xas long as short
BloFin DRAM-USDT+0.0607%8h62.420+0.082%$303K$26K20xas long as short
Gate DRAM_USDT+0.0608%8h62.420+0.082%$8.2M$3.5M75xas long as short