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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0432%/8h= +47.3% APRnext payment +$0.54 per $10,000 · paid last 24h +0.025%
Price spread now: Entropy against Pacifica−0.182%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. Entropy is 0.182% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.182% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 34 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica DRAM62.4640.0100pay 0.0013% / 1h38m 53s$76K$40K10x
ShortEntropy io:DRAM62.3510.0532get 0.0067% / 1h38m 53s$254K$462K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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

Funding earned
$90.8
Price spread: −0.182% → 0.000%
−$18.16
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Entropy: 9 bp × 2 orders
−$18
Net
$46.64
Costs to cover
0.260%
Break-even
3.4 days
Slippage unknown: Pacifica: no order-book sample; Entropy: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell Entropy live order book, 16 min ago2.25 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.450−0.023%$634$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.320−0.231%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.440−0.039%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0023%4h62.409−0.089%$151K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0036%1h62.356−0.173%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.390−0.119%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.415−0.079%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.450−0.023%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.360−0.167%$1.1M$1.9M10xas long as short
Pacifica DRAMlong+0.0100%1h62.464long leg$76K$40K10x
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.380−0.135%$3.0M$442K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.430−0.055%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.480+0.025%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.459−0.009%$4K10xas long as short
Lighter DRAM+0.0152%1h62.450−0.023%$971K$1.2M20xas long as short
QFEX DRAM-USD+0.0160%1h62.430−0.055%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.872%$535K$95K20xas long as short
Paradex DRAM-USD-PERP+0.0222%8h62.462−0.004%5xas long as short
OKX DRAM-USDT-SWAP+0.0223%8h62.470+0.009%$5.5M$4.7M50xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.420−0.071%$13K$3K20xas long as short
tradeXYZ xyz:DRAM+0.0323%1h62.427−0.060%$81.8M$39.2M20xas long as short
Aster DRAMUSDT+0.0374%8h62.369−0.153%$201K$36K20xas long as short
Bitget DRAMUSDT+0.0404%8h62.450−0.023%$26.2M$12.8M20xas long as short
Bybit DRAMUSDT+0.0423%8h62.480+0.025%$9.6M$10.5M100xas long as short
Variational Omni DRAM+0.0456%8h62.405−0.095%$2.4M$765Kas long as short
MEXC DRAM_USDT+0.0502%8h62.430−0.055%$10.1M$6.7M100xas long as short
Extended DRAM-USD+0.0504%1h62.435−0.048%$75K$767K10xas long as short
Binance DRAMUSDT+0.0508%8h62.450−0.023%$44.6M$81.7M50xas long as short
Entropy io:DRAMshort+0.0532%1h62.351−0.182%$254K$462K25x
Arcus DRAM-USD+0.0606%1h62.380−0.135%$51K$83K10xas long as short
Gate DRAM_USDT+0.0668%8h62.460−0.007%$8.3M$3.4M75xas long as short
BloFin DRAM-USDT+0.0883%8h62.440−0.039%$299K$26K20xas long as short
GRVT DRAM_USDT_Perp+0.0958%8h62.337−0.205%$37K$162K10xas long as short
RISEx DRAM/USDC+0.1096%1h62.448−0.026%$455K$491K20xas long as short