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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0560%/8h= −61.3% APRnext payment $0.70 per $10,000 · paid last 24h +0.013%
Price spread now: RISEx against Extended+0.017%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$150.154% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.039%+$4 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.017%, 7d avg +0.035%
Together, before fees+0.070%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.039% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DRAM-USD62.2890.0560pay 0.0070% / 1h55m 23s$75K$669K10x
ShortRISEx DRAM/USDC62.3000get 0.0000% / 1h55m 23s$448K$505K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$117.6
Price spread: +0.017% → +0.035%
−$1.72
Slippage, 4 orders
−$4.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$134.72
Costs to cover
0.154%
Break-even
never at this rate
Slippage from Extended: live order book, 8 min ago; RISEx: live order book, 8 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, 8 min ago0.48 bp3.3 bp −$36.7 bp −$67doesn't fitdoesn't fit
Sell RISEx live order book, 8 min ago1.37 bp4.4 bp −$45.6 bp −$56doesn't fitdoesn't fit

DRAM on 33 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/USDCshort0.0000%1h62.300+0.017%$448K$505K20x
SunX DRAM-USDT0.0000%8h62.310+0.034%$603$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.300+0.017%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.310+0.034%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0032%1h62.234−0.089%$1K$33K5xas long as short
edgeX DRAMUSDC+0.0037%4h62.309+0.032%$151K$296K20xas long as short
Arcus DRAM-USD+0.0040%1h62.260−0.047%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.260−0.047%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.300+0.017%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.315+0.042%$2K$15K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h62.270−0.031%$1.2M$1.9M10xas long as short
QFEX DRAM-USD+0.0055%1h62.290+0.001%$1.0M$78K10xas long as short
Pacifica DRAM+0.0100%1h62.309+0.032%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.270−0.031%$3.0M$404K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.340+0.082%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.340+0.082%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.332+0.069%$4K10xas long as short
Entropy io:DRAM+0.0117%1h62.225−0.103%$253K$427K25xas long as short
Bitget DRAMUSDT+0.0122%8h62.320+0.050%$26.2M$13.1M20xas long as short
Paradex DRAM-USD-PERP+0.0154%8h62.286−0.005%5xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.400%$534K$81K20xas long as short
Lighter DRAM+0.0192%1h62.2890.000%$968K$1.0M20xas long as short
OKX DRAM-USDT-SWAP+0.0214%8h62.320+0.050%$5.5M$4.5M50xas long as short
GRVT DRAM_USDT_Perp+0.0247%8h62.320+0.050%$37K$155K10xas long as short
Bybit DRAMUSDT+0.0286%8h62.360+0.114%$9.7M$10.0M100xas long as short
tradeXYZ xyz:DRAM+0.0291%1h62.285−0.007%$82.2M$37.1M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0393%1h62.280−0.015%$13K$3K20xas long as short
Aster DRAMUSDT+0.0436%8h62.330+0.066%$200K$36K20xas long as short
Gate DRAM_USDT+0.0508%8h62.350+0.098%$8.2M$3.5M75xas long as short
Variational Omni DRAM+0.0519%8h62.285−0.007%$2.4M$710Kas long as short
Binance DRAMUSDT+0.0557%8h62.310+0.034%$44.7M$81.5M50xas long as short
MEXC DRAM_USDT+0.0558%8h62.310+0.034%$9.6M$5.5M100xas long as short
Extended DRAM-USDlong+0.0560%1h62.289long leg$75K$669K10x