Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.2% APRpaid last 24h −0.009%

Price spread now: edgeX against KuCoin−0.002%68s7-day average +0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as 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−$840.840% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.002%, 7d avg +0.030%

Together, before fees−0.030%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.031% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.030%). Swap the legs. The two prices were read 68 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	62.380	0.0100	pay 0.0100% / 8h	5h 04m	$3.0M	$389K	20x
Short	edgeX DRAMUSDC	62.379	0.0043	get 0.0022% / 4h	1h 04m	$151K	$297K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$11.96
Price spread: −0.002% → +0.030%: −$3.1
Slippage, 4 orders: −$63
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$99.06
Costs to cover: 0.840%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 58 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, 3 min ago	0.80 bp	35.3 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 58 min ago	2.41 bp	6.9 bp −$7	14.7 bp −$147	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
RISEx DRAM/USDC	0.0000%	1h	62.390	+0.016%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.410	+0.048%	$829	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	+0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.420	+0.064%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	62.363	−0.027%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.370	−0.016%	$51K	$80K	10x	as long as short
edgeX DRAMUSDCshort	+0.0043%	4h	62.379	−0.002%	$151K	$297K	20x
Vest DRAM-USD-PERP	+0.0046%	1h	62.350	−0.048%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.365	−0.024%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.407	+0.043%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.330	−0.080%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0055%	1h	62.370	−0.016%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0094%	1h	62.347	−0.053%	$246K	$413K	25x	as long as short
Lighter DRAM	+0.0096%	1h	62.395	+0.024%	$970K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.364	−0.026%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	62.380	long leg	$3.0M	$389K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	62.330	−0.080%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.410	+0.048%	$9K	—	10x	as long as short
Bitget DRAMUSDT	+0.0103%	8h	62.400	+0.032%	$26.3M	$13.2M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.422	+0.067%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0120%	8h	62.398	+0.029%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0126%	8h	62.387	+0.011%	$36K	$162K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0171%	8h	62.410	+0.048%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0177%	1h	62.369	−0.018%	$81.8M	$36.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.545%	$534K	$74K	20x	as long as short
Bybit DRAMUSDT	+0.0248%	8h	62.450	+0.112%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0361%	8h	62.422	+0.067%	$201K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.410	+0.048%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0441%	8h	62.393	+0.021%	$2.4M	$717K	—	as long as short
MEXC DRAM_USDT	+0.0479%	8h	62.380	0.000%	$9.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0479%	8h	62.390	+0.016%	$44.9M	$80.9M	50x	as long as short
Extended DRAM-USD	+0.0480%	1h	62.384	+0.007%	$76K	$637K	10x	as long as short
Gate DRAM_USDT	+0.0574%	8h	62.450	+0.112%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0696%	8h	62.380	0.000%	$302K	$26K	20x	as long as short