Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.009%

Price spread now: Bybit against Pacifica+0.118%58s7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 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

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.118% dearer against Pacifica than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour. The two prices were read 58 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	61.727	0.0100	pay 0.0013% / 1h	12m 46s	$75K	$40K	10x
Short	Bybit DRAMUSDT	61.800	0.0232	get 0.0232% / 8h	1h 12m	$9.3M	$10.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.118%Rate

Funding earned: $27.82
Price spread: +0.118% → 0.000%: $11.83
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $20.65
Costs to cover: 0.190%
Break-even: 1.8 days

Slippage unknown: Pacifica: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago	0.81 bp	7.0 bp −$7	13.8 bp −$138	107.4 bp −$10.7K	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	61.790	+0.102%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.800	+0.118%	$744	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.720	−0.011%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.790	+0.102%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	61.750	+0.038%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.700	−0.044%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.726	−0.002%	$260K	$510K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.758	+0.050%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.781	+0.087%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.740	+0.021%	$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	61.770	+0.070%	$1.0M	$80K	10x	as long as short
edgeX DRAMUSDC	+0.0068%	4h	61.739	+0.019%	$153K	$290K	20x	as long as short
Pacifica DRAMlong	+0.0100%	1h	61.727	long leg	$75K	$40K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	61.770	+0.070%	$3.0M	$477K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.710	−0.028%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.770	+0.070%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.783	+0.090%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0108%	8h	61.742	+0.024%	$199K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0113%	8h	61.770	+0.070%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0117%	8h	61.770	+0.070%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0141%	8h	61.740	+0.021%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0155%	8h	61.777	+0.082%	—	—	5x	as long as short
Variational Omni DRAM	+0.0195%	8h	61.747	+0.033%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.238%	$510K	$43K	20x	as long as short
Bybit DRAMUSDTshort	+0.0232%	8h	61.800	+0.118%	$9.3M	$10.4M	100x
MEXC DRAM_USDT	+0.0239%	8h	61.770	+0.070%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.768	+0.066%	$77K	$765K	10x	as long as short
Binance DRAMUSDT	+0.0241%	8h	61.760	+0.053%	$43.8M	$82.7M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.788	+0.098%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0272%	1h	61.753	+0.042%	$967K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0289%	1h	61.739	+0.019%	$79.2M	$39.5M	20x	as long as short
BloFin DRAM-USDT	+0.0461%	8h	61.810	+0.134%	$295K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0560%	1h	61.780	+0.086%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.760	+0.053%	$50K	$91K	10x	as long as short