Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.037%

Price spread now: RISEx against KuCoin+0.070%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$820.815% of the position

Long on KuCoin Short on RISEx

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)−0.025%−$2 · spread now +0.070%, 7d avg +0.040%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.031% dearer against KuCoin than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of +0.040%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	61.780	0.0100	pay 0.0100% / 8h	3h 16m	$3.0M	$398K	20x
Short	RISEx DRAM/USDC	61.824	0	get 0.0000% / 1h	16m 23s	$435K	$500K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.070%Rate

Funding earned: −$21
Price spread: +0.070% → +0.040%: $3.08
Slippage, 4 orders: −$63.52
Fee KuCoin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$99.45
Costs to cover: 0.815%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; RISEx: live order book, 37 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, 6 min ago	1.62 bp	45.6 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 37 min ago	0.64 bp	3.6 bp −$4	5.3 bp −$53	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/USDCshort	0.0000%	1h	61.824	+0.070%	$435K	$500K	20x
Bitget DRAMUSDT	0.0000%	8h	61.850	+0.113%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.162%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.830	+0.081%	$762	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.780	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.820	+0.065%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.800	+0.032%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.840	+0.097%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.770	−0.016%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.790	+0.016%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.767	−0.021%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.800	+0.032%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.749	−0.050%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.730	−0.081%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.860	+0.129%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.160%	$150K	$298K	20x	as long as short
Bybit DRAMUSDT	+0.0072%	8h	61.838	+0.094%	$9.6M	$9.9M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.797	+0.028%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.780	long leg	$3.0M	$398K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.820	+0.065%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.806	+0.042%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	−0.097%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0109%	8h	61.828	+0.078%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0132%	1h	61.805	+0.040%	$80.4M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0140%	8h	61.796	+0.025%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.845	+0.105%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.169%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0225%	8h	61.760	−0.032%	$300K	$26K	20x	as long as short
MEXC DRAM_USDT	+0.0255%	8h	61.840	+0.097%	$8.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.830	+0.081%	$44.3M	$81.7M	50x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.803	+0.037%	$75K	$239K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.810	+0.049%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0399%	8h	61.850	+0.113%	$8.1M	$3.6M	75x	as long as short