Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SoDEX against KuCoin+0.026%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. SoDEX is 0.026% dearer against KuCoin than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	61.090	0.0100	pay 0.0100% / 8h	1h 18m	$3.0M	$418K	20x
Short	SoDEX DRAM-USD	61.106	0.0050	get 0.0006% / 1h	18m 16s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$10.5
Price spread: +0.026% → 0.000%: $2.62
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$27.88
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 9 min ago; SoDEX: no order-book sample. 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 KuCoin live order book, 9 min ago	0.82 bp	39.9 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 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	−0.0589%	8h	61.160	+0.115%	$26.1M	$14.7M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.156	+0.108%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.184	+0.154%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.099	+0.015%	$423K	$353K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.170	+0.131%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.171	+0.132%	$36K	$203K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.110	+0.033%	$786	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.130	+0.065%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.140	+0.082%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0001%	8h	61.130	+0.065%	$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
BloFin DRAM-USDT	+0.0006%	8h	61.150	+0.098%	$299K	$26K	20x	as long as short
edgeX DRAMUSDC	+0.0012%	4h	61.166	+0.125%	$148K	$298K	20x	as long as short
Variational Omni DRAM	+0.0023%	8h	61.144	+0.089%	$2.3M	$683K	—	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.116	+0.043%	$1K	$30K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.120	+0.049%	$995K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.110	+0.033%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.090	0.000%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.084	−0.010%	$180K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.092	+0.003%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USDshort	+0.0050%	1h	61.106	+0.026%	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.040	−0.082%	$1.1M	$3.5M	10x	as long as short
Extended DRAM-USD	+0.0072%	1h	61.105	+0.024%	$74K	$189K	10x	as long as short
Binance DRAMUSDT	+0.0073%	8h	61.148	+0.095%	$43.7M	$87.8M	50x	as long as short
MEXC DRAM_USDT	+0.0074%	8h	61.140	+0.082%	$8.0M	$5.7M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0087%	8h	61.096	+0.010%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.131	+0.067%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.090	long leg	$3.0M	$418K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.120	+0.049%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.110	+0.033%	$8K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0102%	1h	61.106	+0.026%	$79.1M	$35.8M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.105	+0.025%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.033%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0224%	1h	61.156	+0.108%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0405%	1h	61.120	+0.049%	$13K	$3K	20x	as long as short