Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.035%

Price spread now: Bybit against SoDEX+0.109%56s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.109% dearer against SoDEX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX DRAM-USD	61.703	0.0050	pay 0.0006% / 1h	52m 19s	$2K	$15K	20x
Short	Bybit DRAMUSDT	61.770	0.0062	get 0.0062% / 8h	2h 52m	$9.5M	$10.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SoDEX. 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 SoDEXbpFee BybitbpOrdersPrice spread, now +0.109%Rate

Funding earned: $2.43
Price spread: +0.109% → 0.000%: $10.86
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$5.72
Costs to cover: 0.190%
Break-even: 23.5 days

Slippage unknown: SoDEX: no order-book sample; Bybit: live order book, 1 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Bybit live order book, 1 min ago	0.81 bp	7.5 bp −$8	11.8 bp −$118	104.4 bp −$10.4K	doesn't fit

SoDEX: 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	61.740	+0.060%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.750	+0.076%	$26.1M	$13.9M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.610	−0.151%	$37K	$189K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	+0.011%	$919	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.670	−0.053%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.710	+0.011%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0018%	4h	61.622	−0.131%	$149K	$298K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.611	−0.149%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.630	−0.118%	$48K	$76K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.690	−0.021%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0050%	1h	61.740	+0.060%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.721	+0.029%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USDlong	+0.0050%	1h	61.703	long leg	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.700	−0.005%	$1.1M	$2.6M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0060%	8h	61.770	+0.109%	$5.5M	$4.7M	50x	as long as short
Bybit DRAMUSDTshort	+0.0062%	8h	61.770	+0.109%	$9.5M	$10.0M	100x
Entropy io:DRAM	+0.0093%	1h	61.640	−0.102%	$170K	$465K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.695	−0.013%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.700	−0.005%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.680	−0.037%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.740	+0.060%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.743	+0.064%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0111%	8h	61.732	+0.047%	$199K	$35K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0113%	8h	61.727	+0.039%	—	—	5x	as long as short
Variational Omni DRAM	+0.0175%	8h	61.664	−0.063%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	−0.313%	$528K	$74K	20x	as long as short
Binance DRAMUSDT	+0.0224%	8h	61.753	+0.081%	$44.2M	$83.2M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.728	+0.040%	$74K	$238K	10x	as long as short
MEXC DRAM_USDT	+0.0224%	8h	61.750	+0.076%	$9.0M	$5.5M	100x	as long as short
BloFin DRAM-USDT	+0.0227%	8h	61.720	+0.028%	$300K	$26K	20x	as long as short
Lighter DRAM	+0.0248%	1h	61.739	+0.058%	$1.1M	$1.2M	20x	as long as short
Gate DRAM_USDT	+0.0265%	8h	61.780	+0.125%	$8.1M	$3.6M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0265%	1h	61.722	+0.031%	$80.2M	$35.5M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.700	−0.005%	$13K	$3K	20x	as long as short