Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h —

Price spread now: Coinbase International against Paradex+0.143%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Coinbase International

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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.143% dearer against Paradex than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.053	0.0102	pay 0.0102% / 8h	4h 49m	—	—	5x
Short	Coinbase International DRAM-PERP-INTX	61.140	0.0216	get 0.0027% / 1h	49m 37s	$536K	$91K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.143%Rate

Funding earned: $24
Price spread: +0.143% → 0.000%: $14.29
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $24.3
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 57 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 Coinbase International live order book, 57 min ago	5.71 bp	11.9 bp −$12	17.0 bp −$170	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 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.090	+0.061%	$9.5M	$11.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.093	+0.066%	$459K	$368K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.070	+0.028%	$26.7M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.220	+0.274%	$972	$2.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.210	+0.258%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.080	+0.045%	$1.7M	$1.3M	10x	as long as short
Gate DRAM_USDT	+0.0027%	8h	61.100	+0.077%	$7.9M	$3.4M	75x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.201	+0.243%	$1K	$26K	5x	as long as short
QFEX DRAM-USD	+0.0032%	1h	61.070	+0.028%	$998K	$98K	10x	as long as short
Lighter DRAM	+0.0032%	1h	61.046	−0.011%	$1.1M	$1.4M	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.050	−0.004%	$59K	$80K	10x	as long as short
edgeX DRAMUSDC	+0.0046%	4h	61.218	+0.271%	$149K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.120	+0.110%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.111	+0.095%	$300K	$1.7M	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.195	+0.233%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.150	+0.159%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.150	+0.159%	$1.1M	$3.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.120	+0.110%	$12K	$4K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.079	+0.044%	$74K	$31K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.080	+0.045%	$3.0M	$409K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.190	+0.225%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.170	+0.192%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERPlong	+0.0102%	8h	61.053	long leg	—	—	5x
Aevo DRAM-PERP	+0.0104%	1h	61.151	+0.161%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0115%	1h	61.048	−0.008%	$79.1M	$38.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0169%	8h	61.080	+0.045%	$5.4M	$6.4M	50x	as long as short
Aster DRAMUSDT	+0.0173%	8h	61.131	+0.129%	$195K	$28K	20x	as long as short
Variational Omni DRAM	+0.0214%	8h	61.209	+0.256%	$2.2M	$686K	—	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0216%	1h	61.140	+0.143%	$536K	$91K	20x
Binance DRAMUSDT	+0.0267%	8h	61.095	+0.070%	$44.1M	$98.6M	50x	as long as short
MEXC DRAM_USDT	+0.0268%	8h	61.060	+0.012%	$9.7M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0272%	1h	61.075	+0.036%	$98K	$529K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0297%	8h	61.240	+0.307%	$36K	$230K	10x	as long as short
BloFin DRAM-USDT	+0.0674%	8h	61.240	+0.307%	$307K	$27K	20x	as long as short