Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h −0.026%
Price spread now: edgeX against RISEx+0.151%55s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.238% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.069%−$7 on $10k
Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.151%, 7d avg −0.008%
Together, before fees−0.232%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.159% dearer against RISEx than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.008%. Mind the row above: over the last 4 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DRAM/USDC60.9370get 0.0000% / 1h1m 58s$422K$348K20x
ShortedgeX DRAMUSDC61.0290.0099get 0.0049% / 4h1h 01m$148K$299K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$20.76
Price spread: +0.151% → −0.008%
$15.89
Slippage, 4 orders
−$8.85
Fee RISEx: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$12.8
Costs to cover
0.238%
Break-even
2.7 days
Slippage from RISEx: live order book, 41 min ago; edgeX: live order book, 41 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 41 min ago1.55 bp4.6 bp −$55.8 bp −$58doesn't fitdoesn't fit
Sell edgeX live order book, 41 min ago2.45 bp7.4 bp −$715.6 bp −$156doesn't fitdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0661%8h60.980+0.071%$26.1M$14.8M20xas long as short
Aster DRAMUSDT0.0000%8h60.949+0.020%$196K$35K20xas long as short
Bybit DRAMUSDT0.0000%8h60.977+0.066%$9.4M$10.2M100xas long as short
OKX DRAM-USDT-SWAP0.0000%8h60.970+0.055%$5.4M$5.9M50xas long as short
RISEx DRAM/USDClong0.0000%1h60.937long leg$422K$348K20x
Gate DRAM_USDT0.0000%8h61.010+0.120%$8.0M$3.8M75xas long as short
Variational Omni DRAM0.0000%8h61.044+0.177%$2.3M$581Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.030+0.153%$36K$204K10xas long as short
SunX DRAM-USDT0.0000%8h60.950+0.022%$594$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.950+0.022%$27K$3K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex DRAMUSDT0.0000%8h60.960+0.038%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0029%1h60.973+0.059%$1K$30K5xas long as short
QFEX DRAM-USD+0.0039%1h60.950+0.022%$993K$84K10xas long as short
Arcus DRAM-USD+0.0040%1h60.970+0.055%$48K$67K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.940+0.005%10xas long as short
Binance DRAMUSDT+0.0046%8h60.950+0.022%$43.6M$88.0M50xas long as short
MEXC DRAM_USDT+0.0046%8h60.930−0.011%$7.7M$5.8M100xas long as short
Extended DRAM-USD+0.0048%1h60.933−0.006%$74K$190K10xas long as short
Entropy io:DRAM+0.0050%1h60.927−0.016%$179K$481K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.945+0.014%$253K$1.4M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.937+0.001%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.880−0.093%$1.1M$3.5M10xas long as short
Paradex DRAM-USD-PERP+0.0081%8h60.925−0.019%5xas long as short
edgeX DRAMUSDCshort+0.0099%4h61.029+0.151%$148K$299K20x
Pacifica DRAM+0.0100%1h60.941+0.007%$73K$46K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.910−0.044%$3.0M$420K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.030+0.153%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.950+0.022%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.934−0.004%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0105%1h60.931−0.009%$78.9M$35.9M20xas long as short
BloFin DRAM-USDT+0.0120%8h60.980+0.071%$298K$26K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0160%1h61.110+0.284%$525K$75K20xas long as short
Lighter DRAM+0.0240%1h60.946+0.015%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0407%1h60.920−0.027%$13K$3K20xas long as short