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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0124%/8h= −13.6% APRnext payment $0.15 per $10,000 · paid last 24h −0.023%
Price spread now: ApeX Omni against Extended+0.021%72s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$940.941% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 3 days (all we have)+0.032%+$3 · spread now +0.021%, 7d avg +0.047%
Together, before fees+0.061%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.025% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.047%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DRAM-USD61.5670.0224pay 0.0028% / 1h10m 15s$102K$741K10x
ShortApeX Omni DRAMUSDT61.5800.0100get 0.0013% / 1h10m 15s$22K$183K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$26.04
Price spread: +0.021% → +0.047%
−$2.55
Slippage, 4 orders
−$79.1
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$122.69
Costs to cover
0.941%
Break-even
never at this rate
Slippage from Extended: live order book, 13 min ago; ApeX Omni: live order book, 11 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 Extended live order book, 13 min ago0.57 bp3.4 bp −$37.2 bp −$72doesn't fitdoesn't fit
Sell ApeX Omni live order book, 11 min ago24.33 bp46.6 bp −$47212.9 bp −$2,129doesn'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
Gate DRAM_USDT0.0000%8h61.590+0.037%$8.2M$3.6M75xas long as short
SunX DRAM-USDT0.0000%8h61.570+0.005%$613$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.530−0.060%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.570+0.005%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0032%1h61.565−0.003%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.540−0.044%$79710xas long as short
Entropy io:DRAM+0.0050%1h61.552−0.024%$251K$506K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.550−0.028%$203K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.559−0.013%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.500−0.109%$1.2M$1.7M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0052%8h61.600+0.054%$5.4M$4.9M50xas long as short
edgeX DRAMUSDC+0.0053%4h61.603+0.058%$152K$291K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0075%1h61.570+0.005%$13K$9K20xas long as short
QFEX DRAM-USD+0.0080%1h61.560−0.011%$1.0M$77K10xas long as short
Bitget DRAMUSDT+0.0088%8h61.570+0.005%$25.9M$12.6M20xas long as short
Aster DRAMUSDT+0.0097%8h61.572+0.008%$201K$36K20xas long as short
Pacifica DRAM+0.0100%1h61.585+0.029%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.550−0.028%$3.0M$483K20xas long as short
ApeX Omni DRAMUSDTshort+0.0100%1h61.580+0.021%$22K$183K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.560−0.011%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.572+0.007%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0121%1h61.569+0.003%$78.9M$39.8M20xas long as short
Bybit DRAMUSDT+0.0133%8h61.610+0.070%$9.2M$10.3M100xas long as short
Paradex DRAM-USD-PERP+0.0135%8h61.572+0.008%5xas long as short
Lighter DRAM+0.0152%1h61.569+0.003%$990K$1.2M20xas long as short
GRVT DRAM_USDT_Perp+0.0171%8h61.578+0.017%$36K$189K10xas long as short
Variational Omni DRAM+0.0178%8h61.573+0.010%$2.4M$978Kas long as short
BloFin DRAM-USDT+0.0208%8h61.600+0.054%$295K$26K20xas long as short
Extended DRAM-USDlong+0.0224%1h61.567long leg$102K$741K10x
Binance DRAMUSDT+0.0228%8h61.570+0.005%$43.7M$82.9M50xas long as short
MEXC DRAM_USDT+0.0229%8h61.570+0.005%$11.1M$6.4M100xas long as short
Coinbase International DRAM-PERP-INTX+0.0232%1h61.580+0.021%$510K$44K20xas long as short
RISEx DRAM/USDC+0.0459%1h61.575+0.014%$474K$440K20xas long as short
Arcus DRAM-USD+0.0739%1h61.550−0.028%$50K$94K10xas long as short