Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.040%

Price spread now: Extended against QFEX−0.044%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$220.216% of the position

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.076%+$8 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.044%, 7d avg −0.029%

Together, before fees+0.113%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX DRAM-USD	60.980	0.0040	pay 0.0005% / 1h	39m 58s	$993K	$84K	10x
Short	Extended DRAM-USD	60.953	0.0040	get 0.0005% / 1h	39m 58s	$77K	$196K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against QFEX. 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 QFEXbpFee ExtendedbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$0.07
Price spread: −0.044% → −0.029%: −$1.48
Slippage, 4 orders: −$6.62
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$23.17
Costs to cover: 0.216%
Break-even: never at this rate

Slippage from QFEX: live order book, 40 min ago; Extended: live order book, 61 min ago.

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 QFEX live order book, 40 min ago	2.45 bp	7.5 bp −$7	8.8 bp −$88	15.2 bp −$1,519	doesn't fit
Sell Extended live order book, 61 min ago	0.49 bp	3.3 bp −$3	7.1 bp −$71	doesn't fit	doesn't fit

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	−0.0750%	8h	61.010	+0.049%	$26.4M	$15.0M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.022	+0.068%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.010	+0.049%	$9.5M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.970	−0.016%	$422K	$344K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.040	+0.098%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	61.033	+0.087%	$2.3M	$582K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.949	−0.051%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.980	0.000%	$817	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	60.960	−0.033%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.990	+0.016%	$27K	$3K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex DRAMUSDT	0.0000%	8h	60.970	−0.016%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0008%	8h	61.000	+0.033%	$5.4M	$6.0M	50x	as long as short
BloFin DRAM-USDT	+0.0019%	8h	61.060	+0.131%	$298K	$26K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	60.974	−0.009%	$1K	$30K	5x	as long as short
MEXC DRAM_USDT	+0.0035%	8h	60.960	−0.033%	$7.7M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0037%	8h	60.970	−0.016%	$43.7M	$88.7M	50x	as long as short
Extended DRAM-USDshort	+0.0040%	1h	60.953	−0.044%	$77K	$196K	10x
Arcus DRAM-USD	+0.0040%	1h	60.980	0.000%	$47K	$67K	10x	as long as short
QFEX DRAM-USDlong	+0.0040%	1h	60.980	long leg	$993K	$84K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	60.970	−0.016%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.944	−0.059%	$179K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.962	−0.030%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.985	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.960	−0.033%	$1.1M	$3.5M	10x	as long as short
edgeX DRAMUSDC	+0.0083%	4h	60.995	+0.024%	$148K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.001	+0.035%	$73K	$39K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.960	−0.033%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.900	−0.131%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.990	+0.016%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0102%	8h	61.004	+0.040%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.971	−0.014%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.910	−0.115%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0192%	1h	60.960	−0.033%	$78.9M	$36.0M	20x	as long as short
Lighter DRAM	+0.0352%	1h	61.003	+0.038%	$1.1M	$1.2M	20x	as long as short