Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.017%

Price spread now: HTX against QFEX0.000%7-day average — · you sell dearer than you buy

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

Long on QFEX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX DRAM-USD	62.060	0.0036	pay 0.0005% / 1h	47m 01s	$1.0M	$78K	10x
Short	HTX DRAM-USDT	62.060	0	get 0.0000% / 8h	3h 47m	$28K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$7.58
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$29.58
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 2 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 QFEX live order book, 2 min ago	2.42 bp	7.4 bp −$7	7.4 bp −$74	13.1 bp −$1,311	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
RISEx DRAM/USDC	0.0000%	1h	62.069	+0.015%	$437K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.080	+0.032%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.110	+0.081%	$36K	$180K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.070	+0.016%	$882	$2.6M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	62.060	0.000%	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	62.060	0.000%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.100	+0.065%	$1K	$32K	5x	as long as short
QFEX DRAM-USDlong	+0.0036%	1h	62.060	long leg	$1.0M	$78K	10x
Arcus DRAM-USD	+0.0040%	1h	62.090	+0.048%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.050	−0.016%	—	—	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	62.059	−0.002%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.065	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.010	−0.081%	$1.1M	$2.3M	10x	as long as short
Entropy io:DRAM	+0.0056%	1h	62.080	+0.032%	$160K	$451K	25x	as long as short
edgeX DRAMUSDC	+0.0059%	4h	62.085	+0.041%	$150K	$299K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0071%	8h	62.080	+0.032%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0079%	8h	62.080	+0.033%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.099	+0.062%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.040	−0.032%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.080	+0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.100	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.080	+0.033%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.081%	$533K	$75K	20x	as long as short
Bybit DRAMUSDT	+0.0108%	8h	62.090	+0.048%	$9.7M	$9.7M	100x	as long as short
Lighter DRAM	+0.0112%	1h	62.052	−0.013%	$1.0M	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0136%	1h	62.045	−0.024%	$81.2M	$35.5M	20x	as long as short
Aster DRAMUSDT	+0.0190%	8h	62.083	+0.036%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	62.144	+0.136%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDT	+0.0282%	8h	62.090	+0.048%	$300K	$26K	20x	as long as short
Extended DRAM-USD	+0.0304%	1h	62.052	−0.012%	$76K	$662K	10x	as long as short
MEXC DRAM_USDT	+0.0306%	8h	62.060	0.000%	$8.2M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0306%	8h	62.070	+0.016%	$44.5M	$80.5M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0395%	1h	62.070	+0.016%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0565%	8h	62.080	+0.032%	$8.1M	$3.5M	75x	as long as short