Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Phemex+0.017%7-day average — · you sell dearer than you buy

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

Long on Phemex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex DRAMUSDT	60.550	0	get 0.0000% / 8h	7h 42m	$1.7M	$1.3M	10x
Short	HTX DRAM-USDT	60.560	0	get 0.0000% / 8h	7h 42m	$27K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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 PhemexbpFee HTXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → 0.000%: $1.65
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$22.35
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 6 min ago; HTX: 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 Phemex live order book, 6 min ago	3.30 bp	50.1 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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
Bitget DRAMUSDT	−0.0681%	8h	60.540	−0.017%	$26.4M	$15.1M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.562	+0.019%	$194K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.511	−0.065%	$76K	$222K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.526	−0.040%	$43.4M	$89.6M	50x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.551	+0.002%	$9.6M	$10.4M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.526	−0.040%	$417K	$338K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.560	+0.017%	$7.9M	$3.6M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.510	−0.066%	$8.4M	$5.4M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.545	−0.008%	$2.3M	$581K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.600	+0.083%	$35K	$208K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX DRAM-USDT	0.0000%	8h	60.560	+0.017%	$711	$2.5M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	60.560	+0.017%	$27K	$3K	20x
Phemex DRAMUSDTlong	0.0000%	8h	60.550	long leg	$1.7M	$1.3M	10x
OKX DRAM-USDT-SWAP	+0.0002%	8h	60.550	0.000%	$5.4M	$6.1M	50x	as long as short
BloFin DRAM-USDT	+0.0012%	8h	60.580	+0.050%	$299K	$25K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	60.552	+0.004%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.520	−0.050%	$47K	$66K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.530	−0.033%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.553	+0.005%	$177K	$473K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.521	−0.048%	$252K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.545	−0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.510	−0.066%	$1.0M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.540	−0.017%	$986K	$85K	10x	as long as short
edgeX DRAMUSDC	+0.0055%	4h	60.582	+0.053%	$147K	$300K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0080%	1h	60.504	−0.076%	$78.2M	$35.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0080%	1h	60.550	0.000%	$12K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0094%	8h	60.515	−0.058%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.506	−0.073%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.520	−0.050%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.600	+0.083%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.560	+0.017%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.536	−0.023%	$4K	—	10x	as long as short
Lighter DRAM	+0.0232%	1h	60.537	−0.021%	$1.1M	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.590	+0.066%	$532K	$86K	20x	as long as short