Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0171%/8h= −18.7% APRpaid last 24h −0.041%

Price spread now: edgeX against Extended−0.084%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$210.209% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$7 on $10k

Price spread, last 3 days (all we have)+0.112%+$11 · spread now −0.084%, 7d avg +0.022%

Together, before fees+0.037%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and edgeX is 0.106% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.022%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	61.789	0.0232	pay 0.0029% / 1h	29m 22s	$102K	$741K	10x
Short	edgeX DRAMUSDC	61.737	0.0061	get 0.0030% / 4h	1h 29m	$153K	$290K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.084%Rate

Funding earned: −$35.94
Price spread: −0.084% → +0.022%: −$10.64
Slippage, 4 orders: −$6.92
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$67.49
Costs to cover: 0.209%
Break-even: never at this rate

Slippage from Extended: live order book, 54 min ago; edgeX: live order book, 54 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, 54 min ago	0.57 bp	3.4 bp −$3	7.2 bp −$72	doesn't fit	doesn't fit
Sell edgeX live order book, 54 min ago	2.43 bp	7.0 bp −$7	14.0 bp −$140	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	61.790	+0.002%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.800	+0.018%	$824	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.700	−0.144%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	+0.034%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	61.709	−0.129%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.700	−0.144%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.681	−0.174%	$254K	$504K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.748	−0.066%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.769	−0.032%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.700	−0.144%	$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	61.770	−0.030%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDCshort	+0.0061%	4h	61.737	−0.084%	$153K	$290K	20x
Aster DRAMUSDT	+0.0100%	8h	61.740	−0.079%	$198K	$36K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.693	−0.155%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.740	−0.079%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.690	−0.160%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	−0.014%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.793	+0.007%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0109%	8h	61.800	+0.018%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0109%	8h	61.820	+0.051%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0137%	8h	61.740	−0.079%	$36K	$183K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0163%	8h	61.745	−0.071%	—	—	5x	as long as short
Variational Omni DRAM	+0.0187%	8h	61.727	−0.099%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.338%	$510K	$44K	20x	as long as short
Bybit DRAMUSDT	+0.0225%	8h	61.840	+0.083%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0231%	8h	61.780	−0.014%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USDlong	+0.0232%	1h	61.789	long leg	$102K	$741K	10x
Binance DRAMUSDT	+0.0233%	8h	61.800	+0.018%	$43.8M	$82.6M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.778	−0.018%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0320%	1h	61.806	+0.028%	$993K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0324%	1h	61.759	−0.048%	$79.3M	$39.5M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.790	+0.002%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0432%	8h	61.770	−0.030%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.770	−0.030%	$50K	$92K	10x	as long as short