Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0131%/8h= −14.4% APRpaid last 24h −0.020%

Price spread now: Aster against Extended+0.028%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$310.312% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.028%, 7d avg +0.027%

Together, before fees−0.068%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	61.712	0.0224	pay 0.0028% / 1h	42m 17s	$102K	$741K	10x
Short	Aster DRAMUSDT	61.729	0.0093	get 0.0093% / 8h	1h 42m	$198K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee ExtendedbpFee AsterbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$27.58
Price spread: +0.028% → +0.027%: $0.03
Slippage, 4 orders: −$18.16
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$58.71
Costs to cover: 0.312%
Break-even: never at this rate

Slippage from Extended: live order book, 41 min ago; Aster: live order book, 39 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 Extended live order book, 41 min ago	0.57 bp	3.4 bp −$3	7.2 bp −$72	doesn't fit	doesn't fit
Sell Aster live order book, 39 min ago	4.06 bp	9.6 bp −$10	13.2 bp −$132	doesn't fit	doesn't fit

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
Gate DRAM_USDT	0.0000%	8h	61.730	+0.029%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	−0.003%	$776	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.720	+0.013%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.720	+0.013%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.719	+0.011%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.660	−0.084%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.690	−0.036%	$254K	$506K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.711	−0.002%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.725	+0.021%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.068%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0052%	1h	61.710	−0.003%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0088%	4h	61.725	+0.020%	$153K	$290K	20x	as long as short
Aster DRAMUSDTshort	+0.0093%	8h	61.729	+0.028%	$198K	$36K	20x
OKX DRAM-USDT-SWAP	+0.0093%	8h	61.720	+0.013%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0097%	8h	61.730	+0.029%	$26.0M	$12.5M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.726	+0.022%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.720	+0.013%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.670	−0.068%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.720	+0.013%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.722	+0.017%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0133%	8h	61.731	+0.030%	$35K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0156%	8h	61.712	+0.001%	—	—	5x	as long as short
Variational Omni DRAM	+0.0173%	8h	61.699	−0.021%	$2.4M	$967K	—	as long as short
Bybit DRAMUSDT	+0.0187%	8h	61.770	+0.094%	$9.3M	$10.3M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.214%	$510K	$44K	20x	as long as short
Extended DRAM-USDlong	+0.0224%	1h	61.712	long leg	$102K	$741K	10x
MEXC DRAM_USDT	+0.0224%	8h	61.720	+0.013%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0225%	8h	61.723	+0.018%	$43.7M	$82.5M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.720	+0.013%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0328%	1h	61.721	+0.015%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0332%	1h	61.711	−0.002%	$79.3M	$39.9M	20x	as long as short
BloFin DRAM-USDT	+0.0349%	8h	61.750	+0.062%	$294K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0561%	1h	61.710	−0.003%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.710	−0.003%	$50K	$92K	10x	as long as short