Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.17 per $10,000 · paid last 24h —

Price spread now: Orderly against Paradex+0.027%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 Orderly

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 +$1 a day on $10k at the current rate, and Orderly is 0.027% dearer against Paradex than usual: you sell high and buy low: +$3 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	62.493	0.0083	pay 0.0083% / 8h	4h 21m	—	—	5x
Short	Orderly PERP_DRAM_USDC_mythos	62.510	0.0100	get 0.0100% / 8h	4h 21m	$9K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.027%Rate

Funding earned: $3.52
Price spread: +0.027% → 0.000%: $2.65
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$3.83
Costs to cover: 0.100%
Break-even: 14.6 days

Slippage unknown: Paradex: no order-book sample; Orderly: 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 Orderly no order-book sample	—	—	—	—	—

Paradex and Orderly: 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
RISEx DRAM/USDC	0.0000%	1h	62.506	+0.020%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.510	+0.027%	$691	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.420	−0.117%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.520	+0.043%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0005%	4h	62.476	−0.029%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.439	−0.087%	$1K	$32K	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0024%	8h	62.480	−0.021%	$36K	$172K	10x	as long as short
Lighter DRAM	+0.0032%	1h	62.490	−0.005%	$972K	$1.0M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.460	−0.053%	$49K	$78K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.460	−0.053%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	62.473	−0.033%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.500	+0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.450	−0.069%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.490	−0.005%	$1.0M	$78K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0072%	1h	62.487	−0.010%	$81.9M	$35.4M	20x	as long as short
Paradex DRAM-USD-PERPlong	+0.0083%	8h	62.493	long leg	—	—	5x
Bitget DRAMUSDT	+0.0096%	8h	62.500	+0.011%	$26.3M	$13.3M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.456	−0.060%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.470	−0.037%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.470	−0.037%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythosshort	+0.0100%	8h	62.510	+0.027%	$9K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	62.506	+0.021%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0111%	8h	62.510	+0.027%	$5.5M	$4.5M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.262%	$535K	$75K	20x	as long as short
Bybit DRAMUSDT	+0.0158%	8h	62.530	+0.059%	$9.8M	$9.7M	100x	as long as short
Entropy io:DRAM	+0.0161%	1h	62.461	−0.052%	$184K	$441K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0230%	1h	62.490	−0.005%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0270%	8h	62.482	−0.018%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0355%	8h	62.443	−0.080%	$2.4M	$747K	—	as long as short
Extended DRAM-USD	+0.0384%	1h	62.483	−0.016%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0385%	8h	62.500	+0.011%	$45.0M	$80.1M	50x	as long as short
MEXC DRAM_USDT	+0.0386%	8h	62.500	+0.011%	$8.9M	$5.5M	100x	as long as short
BloFin DRAM-USDT	+0.0454%	8h	62.510	+0.027%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0636%	8h	62.530	+0.059%	$8.2M	$3.5M	75x	as long as short