Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.013%

Price spread now: tradeXYZ against KuCoin−0.030%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$990.986% of the position

Long on KuCoin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 7 days−0.001%$0 · spread now −0.030%, 7d avg −0.026%

Together, before fees+0.035%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	60.860	0.0100	pay 0.0100% / 8h	7m 07s	$3.0M	$421K	20x
Short	tradeXYZ xyz:DRAM	60.842	0.0180	get 0.0023% / 1h	7m 07s	$78.7M	$35.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.030%Rate

Funding earned: $16.88
Price spread: −0.030% → −0.026%: −$0.35
Slippage, 4 orders: −$68.57
Fee KuCoin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$82.04
Costs to cover: 0.986%
Break-even: 41.0 days

Slippage from KuCoin: live order book, 10 min ago; tradeXYZ: live order book, 3 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, 10 min ago	0.82 bp	41.4 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.16 bp	10.6 bp −$11	doesn't fit	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	−0.0765%	8h	60.910	+0.082%	$26.6M	$15.1M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.887	+0.044%	$195K	$38K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.865	+0.008%	$421K	$340K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.910	+0.082%	$8.0M	$3.8M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.847	−0.021%	$2.3M	$589K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.880	+0.033%	$36K	$209K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.870	+0.016%	$887	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	60.850	−0.016%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.880	+0.033%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.880	+0.033%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0010%	8h	60.880	+0.033%	$5.4M	$6.0M	50x	as long as short
Extended DRAM-USD	+0.0016%	1h	60.855	−0.008%	$74K	$198K	10x	as long as short
MEXC DRAM_USDT	+0.0016%	8h	60.860	0.000%	$8.4M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0016%	8h	60.870	+0.016%	$43.8M	$89.1M	50x	as long as short
Bybit DRAMUSDT	+0.0023%	8h	60.890	+0.049%	$9.6M	$10.4M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	60.856	−0.007%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.840	−0.033%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.860	0.000%	$991K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.840	−0.033%	—	—	10x	as long as short
BloFin DRAM-USDT	+0.0048%	8h	60.880	+0.033%	$297K	$26K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.834	−0.043%	$179K	$479K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.841	−0.031%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.871	+0.018%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.830	−0.049%	$1.1M	$3.5M	10x	as long as short
Paradex DRAM-USD-PERP	+0.0094%	8h	60.860	0.000%	—	—	5x	as long as short
edgeX DRAMUSDC	+0.0100%	4h	60.849	−0.018%	$147K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.839	−0.035%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	60.860	long leg	$3.0M	$421K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	60.870	+0.016%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.870	+0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.863	+0.004%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.940	+0.131%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAMshort	+0.0180%	1h	60.842	−0.030%	$78.7M	$35.7M	20x
Lighter DRAM	+0.0352%	1h	60.883	+0.038%	$1.1M	$1.2M	20x	as long as short