Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.015%

Price spread now: Binance against RISEx−0.070%7-day average +0.008% · 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−$29as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on RISEx Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.020%−$2 on $10k

Price spread, last 4 days (all we have)+0.288%+$29 · spread now −0.070%, 7d avg +0.008%

Together, before fees+0.268%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.078% cheaper against RISEx than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.008%). If the spread goes back, that is −$8 on $10k: about 34 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	61.079	0	get 0.0000% / 1h	33m 15s	$423K	$507K	20x
Short	Binance DRAMUSDT	61.036	0.0182	get 0.0182% / 8h	2h 33m	$43.7M	$84.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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 RISExbpFee BinancebpOrdersPrice spread, now −0.070%Rate

Funding earned: $38.21
Price spread: −0.070% → +0.008%: −$7.81
Slippage, 4 orders: −$5.04
Fee RISEx: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: $9.36
Costs to cover: 0.210%
Break-even: 5.3 days

Slippage from RISEx: live order book, 15 min ago; Binance: live order book, 9 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 RISEx live order book, 15 min ago	1.70 bp	4.7 bp −$5	5.6 bp −$56	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.81 bp	5.8 bp −$6	8.3 bp −$83	36.1 bp −$3,607	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	−0.0241%	8h	61.060	−0.031%	$25.8M	$13.9M	20x	as long as short
RISEx DRAM/USDClong	0.0000%	1h	61.079	long leg	$423K	$507K	20x
GRVT DRAM_USDT_Perp	0.0000%	8h	61.303	+0.367%	$36K	$191K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.040	−0.064%	$970	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.040	−0.064%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.180	+0.165%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.080	+0.002%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0025%	1h	61.218	+0.227%	$1K	$31K	5x	as long as short
Bybit DRAMUSDT	+0.0026%	8h	61.070	−0.015%	$9.4M	$10.1M	100x	as long as short
OKX DRAM-USDT-SWAP	+0.0038%	8h	61.080	+0.002%	$5.4M	$5.1M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.170	+0.149%	$48K	$75K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.090	+0.018%	—	—	10x	as long as short
edgeX DRAMUSDC	+0.0048%	4h	61.260	+0.296%	$149K	$298K	20x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.070	−0.015%	$995K	$84K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.148	+0.113%	$168K	$467K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.046	−0.054%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.050	−0.048%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.030	−0.080%	$1.1M	$2.9M	10x	as long as short
Aster DRAMUSDT	+0.0074%	8h	61.088	+0.014%	$196K	$35K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.074	−0.009%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.060	−0.031%	$3.0M	$403K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.210	+0.214%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.070	−0.015%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0102%	8h	61.080	+0.001%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.058	−0.035%	$4K	—	10x	as long as short
Gate DRAM_USDT	+0.0132%	8h	61.110	+0.051%	$8.0M	$3.6M	75x	as long as short
Variational Omni DRAM	+0.0133%	8h	61.216	+0.223%	$2.3M	$676K	—	as long as short
tradeXYZ xyz:DRAM	+0.0140%	1h	61.030	−0.080%	$79.1M	$35.7M	20x	as long as short
BloFin DRAM-USDT	+0.0163%	8h	61.140	+0.100%	$301K	$26K	20x	as long as short
Binance DRAMUSDTshort	+0.0182%	8h	61.036	−0.070%	$43.7M	$84.6M	50x
Lighter DRAM	+0.0184%	1h	61.051	−0.046%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0184%	1h	61.034	−0.075%	$76K	$191K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.150	+0.116%	$525K	$74K	20x	as long as short
MEXC DRAM_USDT	+0.0186%	8h	61.050	−0.048%	$8.5M	$5.6M	100x	as long as short