Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h +0.036%

Price spread now: BloFin against Extended+0.093%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.093%, 7d avg +0.037%

Together, before fees−0.097%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.056% dearer against Extended than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of +0.037%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.005% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	62.132	0.0312	pay 0.0039% / 1h	51m 03s	$76K	$622K	10x
Short	BloFin DRAM-USDT	62.190	0.0296	get 0.0296% / 8h	3h 51m	$301K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$3.34
Price spread: +0.093% → +0.037%: $5.57
Slippage, 4 orders: −$8.33
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$23.11
Costs to cover: 0.253%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; BloFin: live order book, 44 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, 2 min ago	0.48 bp	3.3 bp −$3	7.6 bp −$76	doesn't fit	doesn't fit
Sell BloFin live order book, 44 min ago	1.60 bp	8.6 bp −$9	11.4 bp −$114	34.8 bp −$3,479	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
RISEx DRAM/USDC	0.0000%	1h	62.155	+0.037%	$438K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.130	−0.004%	$26.1M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.199	+0.108%	$37K	$179K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.170	+0.061%	$1K	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.190	+0.093%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.140	+0.012%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.170	+0.061%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.150	+0.029%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.170	+0.061%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.130	−0.004%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	62.132	0.000%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.145	+0.020%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.180	+0.077%	$1.1M	$2.3M	10x	as long as short
Entropy io:DRAM	+0.0055%	1h	62.165	+0.053%	$160K	$451K	25x	as long as short
OKX DRAM-USDT-SWAP	+0.0073%	8h	62.120	−0.020%	$5.4M	$4.5M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0077%	8h	62.159	+0.043%	—	—	5x	as long as short
edgeX DRAMUSDC	+0.0095%	4h	62.186	+0.086%	$151K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.180	+0.077%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.120	−0.020%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.230	+0.157%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.160	+0.045%	$9K	—	10x	as long as short
Lighter DRAM	+0.0104%	1h	62.138	+0.009%	$1.0M	$1.1M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.159	+0.043%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	−0.036%	$533K	$75K	20x	as long as short
Bybit DRAMUSDT	+0.0112%	8h	62.140	+0.012%	$9.7M	$9.7M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0138%	1h	62.111	−0.034%	$81.3M	$35.4M	20x	as long as short
Aster DRAMUSDT	+0.0198%	8h	62.160	+0.045%	$200K	$35K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.150	+0.029%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	62.144	+0.019%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDTshort	+0.0296%	8h	62.190	+0.093%	$301K	$26K	20x
Extended DRAM-USDlong	+0.0312%	1h	62.132	long leg	$76K	$622K	10x
Binance DRAMUSDT	+0.0314%	8h	62.111	−0.034%	$44.6M	$80.3M	50x	as long as short
MEXC DRAM_USDT	+0.0317%	8h	62.140	+0.012%	$8.2M	$5.5M	100x	as long as short
Gate DRAM_USDT	+0.0589%	8h	62.180	+0.077%	$8.1M	$3.5M	75x	as long as short