Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h −0.023%

Price spread now: RISEx against MEXC−0.007%7-day average +0.007% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$110.107% of the position

Long on MEXC Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.020%+$2 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.007%, 7d avg +0.007%

Together, before fees+0.034%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, 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	MEXC DRAM_USDT	61.160	0.0082	pay 0.0082% / 8h	1h 23m	$8.0M	$5.6M	100x
Short	RISEx DRAM/USDC	61.156	0	get 0.0000% / 1h	23m 00s	$424K	$353K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee MEXCbpFee RISExbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$17.22
Price spread: −0.007% → +0.007%: −$1.42
Slippage, 4 orders: −$4.74
Fee MEXC: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$29.38
Costs to cover: 0.107%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; RISEx: live order book, 20 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 MEXC live order book, 5 min ago	0.82 bp	0.8 bp −$1	1.8 bp −$18	6.7 bp −$666	doesn't fit
Sell RISEx live order book, 20 min ago	1.55 bp	4.6 bp −$5	5.4 bp −$54	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	−0.0583%	8h	61.200	+0.065%	$26.1M	$14.6M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.190	+0.049%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.218	+0.095%	$9.4M	$10.2M	100x	as long as short
RISEx DRAM/USDCshort	0.0000%	1h	61.156	−0.007%	$424K	$353K	20x
Gate DRAM_USDT	0.0000%	8h	61.230	+0.114%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.158	−0.004%	$36K	$202K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.190	+0.049%	$680	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.160	0.000%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.180	+0.033%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0004%	8h	61.200	+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	+0.0016%	8h	61.200	+0.065%	$299K	$26K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.151	−0.015%	$1K	$30K	5x	as long as short
Variational Omni DRAM	+0.0031%	8h	61.164	+0.007%	$2.3M	$682K	—	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.160	0.000%	$996K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.140	−0.033%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.150	−0.016%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.131	−0.047%	$180K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.138	−0.036%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.169	+0.015%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.140	−0.033%	$1.1M	$3.5M	10x	as long as short
Extended DRAM-USD	+0.0080%	1h	61.155	−0.008%	$74K	$189K	10x	as long as short
Binance DRAMUSDT	+0.0080%	8h	61.185	+0.041%	$43.7M	$87.8M	50x	as long as short
MEXC DRAM_USDTlong	+0.0082%	8h	61.160	long leg	$8.0M	$5.6M	100x
edgeX DRAMUSDC	+0.0086%	4h	61.140	−0.032%	$148K	$297K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0087%	1h	61.149	−0.018%	$79.2M	$35.8M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0088%	8h	61.164	+0.007%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.188	+0.046%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.150	−0.016%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.130	−0.049%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.160	0.000%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.156	−0.007%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.082%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.172	+0.020%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0405%	1h	61.150	−0.016%	$13K	$3K	20x	as long as short