Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.017%

Price spread now: Binance against Pacifica−0.028%48s7-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 Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

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

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

Funding pays, the price is against you. Binance is 0.028% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica DRAM	61.744	0.0100	pay 0.0013% / 1h	42m 53s	$75K	$40K	10x
Short	Binance DRAMUSDT	61.726	0.0224	get 0.0224% / 8h	1h 42m	$43.7M	$82.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.028%Rate

Funding earned: $26.07
Price spread: −0.028% → 0.000%: −$2.78
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $5.28
Costs to cover: 0.180%
Break-even: 5.6 days

Slippage unknown: Pacifica: no order-book sample; Binance: live order book, 15 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 Binance live order book, 15 min ago	0.81 bp	6.3 bp −$6	11.6 bp −$116	44.2 bp −$4,424	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	61.730	−0.022%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	−0.055%	$971	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.720	−0.038%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.720	−0.038%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.709	−0.056%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.640	−0.168%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.690	−0.087%	$254K	$506K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.704	−0.064%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.715	−0.046%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.640	−0.168%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0052%	1h	61.730	−0.022%	$1.0M	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0088%	4h	61.725	−0.031%	$153K	$290K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0090%	8h	61.720	−0.038%	$5.4M	$4.6M	50x	as long as short
Aster DRAMUSDT	+0.0091%	8h	61.738	−0.010%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0096%	8h	61.730	−0.022%	$26.0M	$12.5M	20x	as long as short
Pacifica DRAMlong	+0.0100%	1h	61.744	long leg	$75K	$40K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	61.720	−0.038%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.670	−0.119%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.720	−0.038%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.724	−0.033%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0133%	8h	61.731	−0.021%	$35K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0154%	8h	61.714	−0.049%	—	—	5x	as long as short
Variational Omni DRAM	+0.0173%	8h	61.699	−0.072%	$2.4M	$967K	—	as long as short
Bybit DRAMUSDT	+0.0183%	8h	61.770	+0.043%	$9.3M	$10.3M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.265%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0221%	8h	61.710	−0.055%	$11.1M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.709	−0.056%	$102K	$741K	10x	as long as short
Binance DRAMUSDTshort	+0.0224%	8h	61.726	−0.028%	$43.7M	$82.6M	50x
RISEx DRAM/USDC	+0.0257%	1h	61.740	−0.006%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0328%	1h	61.715	−0.046%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0332%	1h	61.698	−0.074%	$79.2M	$39.9M	20x	as long as short
BloFin DRAM-USDT	+0.0349%	8h	61.750	+0.010%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.710	−0.055%	$50K	$92K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0723%	1h	61.710	−0.055%	$13K	$9K	20x	as long as short