Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.57 per $10,000 · paid last 24h —

Price spread now: Aster against Paradex−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 Paradex Short on Aster

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 · 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 Paradex 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	Paradex DRAM-USD-PERP	61.634	0.0169	pay 0.0169% / 8h	2h 25m	—	—	5x
Short	Aster DRAMUSDT	61.598	0.0112	get 0.0112% / 8h	2h 25m	$201K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$12.05
Price spread: −0.058% → 0.000%: −$5.8
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$29.85
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Aster: live order book, 61 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 Aster live order book, 61 min ago	2.44 bp	6.4 bp −$6	6.4 bp −$64	173.1 bp −$17.3K	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	61.640	+0.010%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.630	−0.007%	$674	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.610	−0.039%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.640	+0.010%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.608	−0.043%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.560	−0.120%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.602	−0.052%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.635	+0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.560	−0.120%	$1.2M	$1.7M	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	61.628	−0.010%	$152K	$288K	20x	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	+0.0069%	8h	61.630	−0.007%	$5.4M	$4.9M	50x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.620	−0.023%	$1.0M	$77K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.636	+0.003%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.580	−0.088%	$3.0M	$483K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.570	−0.104%	$22K	$182K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.640	+0.010%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.643	+0.015%	$4K	—	10x	as long as short
Aster DRAMUSDTshort	+0.0112%	8h	61.598	−0.058%	$201K	$33K	20x
Bitget DRAMUSDT	+0.0113%	8h	61.620	−0.023%	$25.9M	$12.6M	20x	as long as short
Entropy io:DRAM	+0.0157%	1h	61.613	−0.034%	$249K	$503K	25x	as long as short
Paradex DRAM-USD-PERPlong	+0.0169%	8h	61.634	long leg	—	—	5x
Variational Omni DRAM	+0.0170%	8h	61.632	−0.003%	$2.4M	$998K	—	as long as short
Bybit DRAMUSDT	+0.0170%	8h	61.660	+0.042%	$9.1M	$10.2M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0171%	1h	61.611	−0.037%	$79.0M	$39.7M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0193%	8h	61.630	−0.007%	$36K	$190K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.201%	$510K	$43K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.638	+0.006%	$991K	$1.2M	20x	as long as short
MEXC DRAM_USDT	+0.0244%	8h	61.630	−0.007%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0246%	8h	61.640	+0.010%	$43.7M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0248%	1h	61.634	0.000%	$102K	$741K	10x	as long as short
BloFin DRAM-USDT	+0.0263%	8h	61.640	+0.010%	$295K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.638	+0.006%	$475K	$439K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0562%	1h	61.630	−0.007%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.620	−0.023%	$50K	$95K	10x	as long as short