Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.5% APRnext payment $1.32 per $10,000 · paid last 24h −0.021%
Price spread now: Aster against MEXC−0.046%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.046%, 7d avg 0.000%
Together, before fees−0.090%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.047% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DRAM_USDT61.6300.0244pay 0.0244% / 8h2h 25m$11.1M$6.4M100x
ShortAster DRAMUSDT61.6010.0112get 0.0112% / 8h2h 25m$201K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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

Funding earned
−$27.76
Price spread: −0.046% → 0.000%
−$4.67
Slippage, 4 orders
−$11.28
Fee MEXC: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$51.71
Costs to cover
0.193%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago0.81 bp0.8 bp −$10.8 bp −$87.4 bp −$742doesn't fit
Sell Aster live order book, 60 min ago2.44 bp6.4 bp −$66.4 bp −$64173.1 bp −$17.3Kdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DRAM_USDT0.0000%8h61.640+0.016%$8.2M$3.5M75xas long as short
SunX DRAM-USDT0.0000%8h61.6300.000%$674$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.610−0.032%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.640+0.016%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0036%1h61.601−0.047%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.580−0.081%$79710xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.601−0.047%$203K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.635+0.008%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.560−0.114%$1.2M$1.7M10xas long as short
edgeX DRAMUSDC+0.0066%4h61.628−0.003%$152K$288K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0069%8h61.6300.000%$5.4M$4.9M50xas long as short
QFEX DRAM-USD+0.0080%1h61.620−0.016%$1.0M$77K10xas long as short
Pacifica DRAM+0.0100%1h61.636+0.010%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.580−0.081%$3.0M$483K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.570−0.097%$22K$182K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.6300.000%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.643+0.021%$4K10xas long as short
Aster DRAMUSDTshort+0.0112%8h61.601−0.046%$201K$33K20x
Bitget DRAMUSDT+0.0113%8h61.6300.000%$25.9M$12.6M20xas long as short
Entropy io:DRAM+0.0157%1h61.613−0.028%$249K$503K25xas long as short
Paradex DRAM-USD-PERP+0.0169%8h61.634+0.007%5xas long as short
Variational Omni DRAM+0.0170%8h61.632+0.004%$2.4M$998Kas long as short
Bybit DRAMUSDT+0.0170%8h61.660+0.049%$9.1M$10.2M100xas long as short
tradeXYZ xyz:DRAM+0.0171%1h61.612−0.029%$79.0M$39.7M20xas long as short
GRVT DRAM_USDT_Perp+0.0193%8h61.6300.000%$36K$190K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0232%1h61.510−0.195%$510K$43K20xas long as short
Lighter DRAM+0.0240%1h61.638+0.013%$991K$1.2M20xas long as short
MEXC DRAM_USDTlong+0.0244%8h61.630long leg$11.1M$6.4M100x
Binance DRAMUSDT+0.0246%8h61.638+0.013%$43.7M$82.6M50xas long as short
Extended DRAM-USD+0.0248%1h61.634+0.006%$102K$741K10xas long as short
BloFin DRAM-USDT+0.0263%8h61.640+0.016%$295K$26K20xas long as short
RISEx DRAM/USDC+0.0459%1h61.638+0.013%$475K$439K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0562%1h61.6300.000%$13K$9K20xas long as short
Arcus DRAM-USD+0.0739%1h61.620−0.016%$50K$95K10xas long as short