Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.005%

Price spread now: Aster against Pacifica−0.058%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.058% cheaper against Pacifica than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica DRAM	61.535	0.0100	pay 0.0013% / 1h	55m 13s	$75K	$40K	10x
Short	Aster DRAMUSDT	61.500	0.0047	get 0.0047% / 8h	2h 55m	$201K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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 PacificabpFee AsterbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$11.14
Price spread: −0.058% → 0.000%: −$5.75
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$32.89
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; Aster: live order book, 31 min ago. 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 Pacifica no order-book sample	—	—	—	—	—
Sell Aster live order book, 31 min ago	2.44 bp	6.4 bp −$6	6.4 bp −$64	173.1 bp −$17.3K	doesn't fit

Pacifica: 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
Gate DRAM_USDT	0.0000%	8h	61.540	+0.007%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.530	−0.009%	$652	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.540	+0.007%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.530	−0.009%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0017%	4h	61.538	+0.004%	$152K	$288K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0035%	8h	61.530	−0.009%	$5.4M	$4.8M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	61.535	−0.001%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.470	−0.106%	—	$797	10x	as long as short
Aster DRAMUSDTshort	+0.0047%	8h	61.500	−0.058%	$201K	$33K	20x
Polymarket Perps DRAM-USD	+0.0050%	1h	61.510	−0.041%	$203K	$1.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	61.535	−0.001%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.500	−0.058%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.530	−0.009%	$1.0M	$71K	10x	as long as short
Bitget DRAMUSDT	+0.0091%	8h	61.540	+0.007%	$25.9M	$12.6M	20x	as long as short
Pacifica DRAMlong	+0.0100%	1h	61.535	long leg	$75K	$40K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	61.510	−0.041%	$3.0M	$482K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.560	+0.040%	$22K	$181K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.570	+0.056%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.544	+0.014%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0117%	8h	61.535	−0.001%	$2.4M	$1.0M	—	as long as short
GRVT DRAM_USDT_Perp	+0.0127%	8h	61.548	+0.021%	$35K	$194K	10x	as long as short
BloFin DRAM-USDT	+0.0134%	8h	61.520	−0.025%	$296K	$26K	20x	as long as short
Bybit DRAMUSDT	+0.0151%	8h	61.555	+0.032%	$9.1M	$10.2M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0169%	8h	61.527	−0.014%	—	—	5x	as long as short
Extended DRAM-USD	+0.0176%	1h	61.530	−0.009%	$102K	$741K	10x	as long as short
MEXC DRAM_USDT	+0.0176%	8h	61.530	−0.009%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0179%	8h	61.538	+0.004%	$43.7M	$82.6M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.041%	$510K	$44K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0267%	1h	61.509	−0.043%	$78.9M	$39.8M	20x	as long as short
Lighter DRAM	+0.0272%	1h	61.545	+0.016%	$990K	$1.2M	20x	as long as short
Entropy io:DRAM	+0.0278%	1h	61.493	−0.069%	$252K	$514K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0401%	1h	61.530	−0.009%	$13K	$9K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.535	−0.001%	$474K	$440K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.530	−0.009%	$50K	$97K	10x	as long as short