Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h —

Price spread now: ApeX Omni against Paradex−0.037%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.037% cheaper against Paradex than usual: you would sell low and buy high (−$4 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	Paradex DRAM-USD-PERP	61.593	0.0128	pay 0.0128% / 8h	2h 01m	—	—	5x
Short	ApeX Omni DRAMUSDT	61.570	0.0100	get 0.0013% / 1h	1m 16s	$22K	$184K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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 ParadexbpFee ApeX OmnibpOrdersPrice spread, now −0.037%Rate

Funding earned: −$5.79
Price spread: −0.037% → 0.000%: −$3.68
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$23.47
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 20 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 Paradex no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 20 min ago	24.33 bp	46.6 bp −$47	212.9 bp −$2,129	doesn't fit	doesn't fit

Paradex: 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	61.620	+0.044%	$8.2M	$3.6M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.620	+0.044%	$743	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.580	−0.021%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.610	+0.028%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	61.592	−0.001%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.550	−0.069%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.539	−0.087%	$252K	$504K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.592	−0.001%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.613	+0.033%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.540	−0.086%	$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
OKX DRAM-USDT-SWAP	+0.0061%	8h	61.630	+0.061%	$5.4M	$4.8M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.602	+0.016%	$152K	$290K	20x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.600	+0.012%	$1.0M	$77K	10x	as long as short
Aster DRAMUSDT	+0.0083%	8h	61.600	+0.012%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0084%	8h	61.620	+0.044%	$26.0M	$12.6M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.551	−0.068%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.590	−0.004%	$3.0M	$484K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.570	−0.037%	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.610	+0.028%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.625	+0.052%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERPlong	+0.0128%	8h	61.593	long leg	—	—	5x
tradeXYZ xyz:DRAM	+0.0132%	1h	61.600	+0.012%	$79.0M	$39.7M	20x	as long as short
Bybit DRAMUSDT	+0.0136%	8h	61.650	+0.093%	$9.2M	$10.3M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0144%	8h	61.590	−0.005%	$36K	$190K	10x	as long as short
Lighter DRAM	+0.0152%	1h	61.596	+0.005%	$990K	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0167%	8h	61.582	−0.017%	$2.4M	$978K	—	as long as short
MEXC DRAM_USDT	+0.0214%	8h	61.610	+0.028%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0215%	8h	61.620	+0.044%	$43.7M	$82.9M	50x	as long as short
Extended DRAM-USD	+0.0216%	1h	61.614	+0.034%	$102K	$741K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.580	−0.021%	$510K	$44K	20x	as long as short
BloFin DRAM-USDT	+0.0233%	8h	61.640	+0.077%	$295K	$26K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0400%	1h	61.610	+0.028%	$13K	$9K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.620	+0.044%	$479K	$443K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.610	+0.028%	$50K	$93K	10x	as long as short