Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against KuCoin−0.065%52s7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$159as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1611.607% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.065%, 7d avg +0.054%

Together, before fees+0.148%+$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.120% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.054%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	61.170	0.0100	pay 0.0100% / 8h	1h 28m	$3.0M	$416K	20x
Short	ApeX Omni DRAMUSDT	61.130	0.0100	get 0.0013% / 1h	28m 40s	$21K	$185K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → +0.054%: −$11.99
Slippage, 4 orders: −$138.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$172.74
Costs to cover: 1.607%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; ApeX Omni: live order book, 12 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 KuCoin live order book, 9 min ago	1.64 bp	43.9 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 12 min ago	26.98 bp	44.6 bp −$45	218.6 bp −$2,186	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
Bitget DRAMUSDT	−0.0580%	8h	61.210	+0.065%	$26.0M	$14.6M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.203	+0.054%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.200	+0.049%	$9.4M	$10.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.175	+0.007%	$424K	$353K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.230	+0.098%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.160	−0.016%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.170	0.000%	$796	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.060	−0.180%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.170	0.000%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0010%	8h	61.200	+0.049%	$5.4M	$5.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps DRAMUSD	+0.0029%	1h	61.130	−0.065%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.200	+0.049%	$997K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.130	−0.065%	$48K	$68K	10x	as long as short
Variational Omni DRAM	+0.0042%	8h	61.134	−0.058%	$2.3M	$682K	—	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.150	−0.033%	—	—	10x	as long as short
edgeX DRAMUSDC	+0.0047%	4h	61.122	−0.079%	$148K	$299K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.121	−0.080%	$168K	$470K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.141	−0.047%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.170	0.000%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.150	−0.033%	$1.0M	$3.5M	10x	as long as short
BloFin DRAM-USDT	+0.0052%	8h	61.180	+0.016%	$300K	$26K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0083%	1h	61.164	−0.010%	$79.2M	$35.9M	20x	as long as short
Extended DRAM-USD	+0.0088%	1h	61.165	−0.008%	$74K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0090%	8h	61.186	+0.027%	—	—	5x	as long as short
MEXC DRAM_USDT	+0.0091%	8h	61.190	+0.033%	$8.0M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0091%	8h	61.180	+0.016%	$43.7M	$87.7M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	61.193	+0.038%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.170	long leg	$3.0M	$416K	20x
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.130	−0.065%	$21K	$185K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.150	−0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.154	−0.027%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.098%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0192%	1h	61.205	+0.057%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0405%	1h	61.150	−0.033%	$13K	$3K	20x	as long as short