Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0417%/8h= +45.7% APRpaid last 24h —

Price spread now: Extended against Paradex−0.028%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 Extended

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 · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.028% cheaper against Paradex than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	62.191	0.0175	pay 0.0175% / 8h	6h 21m	—	—	5x
Short	Extended DRAM-USD	62.174	0.0592	get 0.0074% / 1h	21m 38s	$75K	$669K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.028%Rate

Funding earned: $87.66
Price spread: −0.028% → 0.000%: −$2.78
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $75.88
Costs to cover: 0.090%
Break-even: 0.9 days

Slippage unknown: Paradex: no order-book sample; Extended: live order book, 46 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 Extended live order book, 46 min ago	0.40 bp	3.2 bp −$3	6.4 bp −$64	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 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	62.230	+0.063%	$758	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.240	+0.079%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.210	+0.031%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.213	+0.035%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.210	+0.031%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.170	−0.033%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.170	−0.033%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.214	+0.037%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.204	+0.021%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.170	−0.033%	$1.1M	$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	+0.0057%	1h	62.177	−0.022%	$253K	$430K	25x	as long as short
edgeX DRAMUSDC	+0.0074%	4h	62.224	+0.054%	$151K	$296K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.170	−0.034%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.210	+0.031%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.190	−0.001%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.260	+0.111%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.241	+0.081%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.180	−0.017%	$967K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.098%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERPlong	+0.0175%	8h	62.191	long leg	—	—	5x
OKX DRAM-USDT-SWAP	+0.0226%	8h	62.200	+0.015%	$5.5M	$4.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0228%	1h	62.171	−0.032%	$81.9M	$36.7M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.210	+0.031%	$13K	$3K	20x	as long as short
Bitget DRAMUSDT	+0.0264%	8h	62.210	+0.031%	$26.0M	$12.9M	20x	as long as short
Bybit DRAMUSDT	+0.0321%	8h	62.230	+0.063%	$9.6M	$10.1M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0396%	8h	62.243	+0.084%	$37K	$154K	10x	as long as short
Aster DRAMUSDT	+0.0463%	8h	62.228	+0.059%	$200K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0554%	8h	62.230	+0.063%	$8.2M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0556%	8h	62.285	+0.151%	$2.4M	$756K	—	as long as short
Binance DRAMUSDT	+0.0590%	8h	62.190	−0.001%	$44.7M	$81.7M	50x	as long as short
MEXC DRAM_USDT	+0.0590%	8h	62.190	−0.001%	$9.6M	$5.9M	100x	as long as short
Extended DRAM-USDshort	+0.0592%	1h	62.174	−0.028%	$75K	$669K	10x
RISEx DRAM/USDC	+0.0835%	1h	62.194	+0.006%	$447K	$504K	20x	as long as short