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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0174%/8h= −19.1% APRnext payment $0.22 per $10,000 · paid last 24h −0.045%
Price spread now: QFEX against Extended−0.015%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$210.214% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.073%−$7 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.015%, 7d avg +0.029%
Together, before fees−0.043%+ Points / potential airdropExtended: 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 QFEX is 0.044% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DRAM-USD61.6790.0224pay 0.0028% / 1h53m 47s$74K$238K10x
ShortQFEX DRAM-USD61.6700.0050get 0.0006% / 1h53m 47s$1.0M$84K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$36.61
Price spread: −0.015% → +0.029%
−$4.41
Slippage, 4 orders
−$6.44
Fee Extended: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$62.45
Costs to cover
0.214%
Break-even
never at this rate
Slippage from Extended: live order book, 59 min ago; QFEX: live order book, 1 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, 59 min ago0.48 bp3.3 bp −$37.6 bp −$76doesn't fitdoesn't fit
Sell QFEX live order book, 1 min ago2.43 bp7.4 bp −$77.4 bp −$7413.8 bp −$1,379doesn'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%1h61.660−0.031%$434K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h61.690+0.017%$26.0M$13.9M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.610−0.112%$37K$189K10xas long as short
SunX DRAM-USDT0.0000%8h61.670−0.015%$918$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.670−0.015%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.660−0.031%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0018%4h61.579−0.163%$149K$297K20xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.568−0.181%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.580−0.161%$48K$76K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.630−0.080%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USDshort+0.0050%1h61.670−0.015%$1.0M$84K10x
Polymarket Perps DRAM-USD+0.0050%1h61.636−0.070%$259K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.675−0.007%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.600−0.129%$1.1M$2.5M10xas long as short
OKX DRAM-USDT-SWAP+0.0057%8h61.710+0.050%$5.5M$4.7M50xas long as short
Bybit DRAMUSDT+0.0062%8h61.720+0.066%$9.5M$10.0M100xas long as short
Pacifica DRAM+0.0100%1h61.609−0.113%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.630−0.080%$3.0M$401K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.680+0.001%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.670−0.015%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.677−0.003%$4K10xas long as short
Entropy io:DRAM+0.0109%1h61.576−0.168%$170K$465K25xas long as short
Paradex DRAM-USD-PERP+0.0113%8h61.657−0.036%5xas long as short
Aster DRAMUSDT+0.0114%8h61.694+0.024%$198K$35K20xas long as short
Variational Omni DRAM+0.0175%8h61.664−0.025%$2.4M$618Kas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.510−0.275%$528K$74K20xas long as short
Lighter DRAM+0.0208%1h61.669−0.017%$1.1M$1.2M20xas long as short
Extended DRAM-USDlong+0.0224%1h61.679long leg$74K$238K10x
Binance DRAMUSDT+0.0226%8h61.690+0.017%$44.2M$83.2M50xas long as short
MEXC DRAM_USDT+0.0228%8h61.690+0.017%$9.0M$5.5M100xas long as short
BloFin DRAM-USDT+0.0229%8h61.670−0.015%$301K$26K20xas long as short
tradeXYZ xyz:DRAM+0.0253%1h61.687+0.012%$80.2M$35.5M20xas long as short
Gate DRAM_USDT+0.0275%8h61.720+0.066%$8.1M$3.6M75xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0399%1h61.660−0.031%$13K$3K20xas long as short