Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.054%

Price spread now: Coinbase International against HTX−0.145%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Coinbase International is 0.145% cheaper against HTX than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 3.2 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DRAM-USDT	62.220	0	get 0.0000% / 8h	6h 24m	$28K	$3K	20x
Short	Coinbase International DRAM-PERP-INTX	62.130	0.0152	get 0.0019% / 1h	24m 27s	$534K	$93K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against HTX. 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 HTXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.145%Rate

Funding earned: $31.92
Price spread: −0.145% → 0.000%: −$14.46
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$4.54
Costs to cover: 0.220%
Break-even: 8.0 days

Slippage unknown: HTX: no order-book sample; Coinbase International: live order book, 44 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 44 min ago	4.00 bp	11.3 bp −$11	14.7 bp −$147	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DRAM on 33 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
SunX DRAM-USDT	0.0000%	8h	62.240	+0.032%	$893	$2.9M	10x	as long as short
HTX DRAM-USDTlong	0.0000%	8h	62.220	long leg	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	62.260	+0.064%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0019%	4h	62.251	+0.049%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.223	+0.004%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.230	+0.016%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.210	−0.016%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.250	+0.048%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.246	+0.042%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.255	+0.056%	$2K	$15K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.210	−0.016%	$1.1M	$1.9M	10x	as long as short
Entropy io:DRAM	+0.0056%	1h	62.196	−0.039%	$253K	$430K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.213	−0.011%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.240	+0.032%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.190	−0.048%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.260	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.263	+0.070%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0152%	1h	62.130	−0.145%	$534K	$93K	20x
Lighter DRAM	+0.0160%	1h	62.261	+0.066%	$967K	$1.0M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0180%	8h	62.255	+0.056%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0228%	8h	62.270	+0.080%	$5.5M	$4.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0235%	1h	62.240	+0.032%	$82.0M	$36.7M	20x	as long as short
Bitget DRAMUSDT	+0.0279%	8h	62.260	+0.064%	$26.0M	$12.9M	20x	as long as short
Bybit DRAMUSDT	+0.0348%	8h	62.289	+0.111%	$9.6M	$10.1M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0393%	1h	62.220	0.000%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0427%	8h	62.258	+0.060%	$37K	$154K	10x	as long as short
Aster DRAMUSDT	+0.0468%	8h	62.273	+0.085%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0556%	8h	62.285	+0.104%	$2.4M	$756K	—	as long as short
Gate DRAM_USDT	+0.0568%	8h	62.300	+0.129%	$8.2M	$3.5M	75x	as long as short
Extended DRAM-USD	+0.0592%	1h	62.250	+0.049%	$75K	$669K	10x	as long as short
MEXC DRAM_USDT	+0.0593%	8h	62.250	+0.048%	$9.7M	$5.9M	100x	as long as short
Binance DRAMUSDT	+0.0593%	8h	62.253	+0.052%	$44.7M	$82.0M	50x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.258	+0.061%	$448K	$504K	20x	as long as short