Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0243%/8h= +26.6% APRpaid last 24h —

Price spread now: Deribit against Paradex−0.051%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 Deribit

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

Funding pays, the price is against you. Deribit is 0.051% cheaper against Paradex than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	62.192	0.0151	pay 0.0151% / 8h	6h 03m	—	—	5x
Short	Deribit DRAM_USDC-PERPETUAL	62.160	0.0394	get 0.0049% / 1h	3m 25s	$13K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.051%Rate

Funding earned: $51.04
Price spread: −0.051% → 0.000%: −$5.12
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $34.92
Costs to cover: 0.110%
Break-even: 2.2 days

Slippage unknown: Paradex: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample	—	—	—	—	—

Paradex and Deribit: 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 33 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
SunX DRAM-USDT	0.0000%	8h	62.190	−0.003%	$657	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.150	−0.067%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.200	+0.013%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.124	−0.109%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.140	−0.083%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.160	−0.051%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.190	−0.003%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.206	+0.023%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.191	−0.001%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.100	−0.148%	$1.2M	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0051%	1h	62.130	−0.099%	$253K	$426K	25x	as long as short
edgeX DRAMUSDC	+0.0082%	4h	62.132	−0.096%	$150K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.151	−0.066%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.180	−0.019%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.200	+0.013%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.250	+0.094%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.249	+0.092%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0116%	8h	62.230	+0.061%	$26.1M	$13.1M	20x	as long as short
Paradex DRAM-USD-PERPlong	+0.0151%	8h	62.192	long leg	—	—	5x
Lighter DRAM	+0.0152%	1h	62.190	−0.003%	$967K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.040	−0.244%	$534K	$81K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0207%	1h	62.204	+0.020%	$82.1M	$37.0M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0213%	8h	62.220	+0.045%	$5.5M	$4.5M	50x	as long as short
Bybit DRAMUSDT	+0.0261%	8h	62.268	+0.122%	$9.6M	$10.1M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0261%	8h	62.181	−0.018%	$36K	$155K	10x	as long as short
Deribit DRAM_USDC-PERPETUALshort	+0.0394%	1h	62.160	−0.051%	$13K	$3K	20x
Aster DRAMUSDT	+0.0438%	8h	62.231	+0.064%	$200K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0490%	8h	62.260	+0.110%	$8.1M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0526%	8h	62.174	−0.028%	$2.4M	$709K	—	as long as short
Binance DRAMUSDT	+0.0563%	8h	62.237	+0.073%	$44.6M	$81.7M	50x	as long as short
MEXC DRAM_USDT	+0.0564%	8h	62.220	+0.045%	$9.6M	$5.9M	100x	as long as short
Extended DRAM-USD	+0.0568%	1h	62.200	+0.013%	$75K	$665K	10x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.209	+0.027%	$448K	$505K	20x	as long as short