Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.009%

Price spread now: edgeX against SoDEX−0.023%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.023% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX DRAM-USD	61.636	0.0050	pay 0.0006% / 1h	59m 09s	$2K	$15K	20x
Short	edgeX DRAMUSDC	61.622	0.0074	get 0.0037% / 4h	1h 59m	$152K	$290K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $5.08
Price spread: −0.023% → 0.000%: −$2.26
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$14.18
Costs to cover: 0.170%
Break-even: 26.5 days

Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 24 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 edgeX live order book, 24 min ago	2.43 bp	7.0 bp −$7	14.0 bp −$140	doesn't fit	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
Gate DRAM_USDT	0.0000%	8h	61.650	+0.023%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.630	−0.010%	$659	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.600	−0.058%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.630	−0.010%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	61.613	−0.037%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.580	−0.091%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.553	−0.135%	$259K	$508K	25x	as long as short
SoDEX DRAM-USDlong	+0.0050%	1h	61.636	long leg	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.570	−0.107%	$1.2M	$1.7M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0067%	8h	61.650	+0.023%	$5.4M	$4.6M	50x	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	+0.0074%	1h	61.609	−0.044%	$203K	$1.2M	10x	as long as short
edgeX DRAMUSDCshort	+0.0074%	4h	61.622	−0.023%	$152K	$290K	20x
QFEX DRAM-USD	+0.0080%	1h	61.630	−0.010%	$1.0M	$77K	10x	as long as short
Aster DRAMUSDT	+0.0085%	8h	61.604	−0.052%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0086%	8h	61.650	+0.023%	$26.0M	$12.6M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.640	+0.007%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.610	−0.042%	$3.0M	$484K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.560	−0.123%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.650	+0.023%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.653	+0.027%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0134%	8h	61.609	−0.043%	$36K	$190K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0135%	8h	61.637	+0.002%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0144%	8h	61.700	+0.104%	$9.2M	$10.3M	100x	as long as short
Lighter DRAM	+0.0160%	1h	61.639	+0.005%	$991K	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0163%	8h	61.623	−0.021%	$2.4M	$969K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.091%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0215%	8h	61.640	+0.006%	$11.1M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0216%	1h	61.631	−0.008%	$102K	$741K	10x	as long as short
Binance DRAMUSDT	+0.0216%	8h	61.640	+0.006%	$43.7M	$82.9M	50x	as long as short
BloFin DRAM-USDT	+0.0246%	8h	61.640	+0.006%	$295K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.640	+0.006%	$479K	$442K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0318%	1h	61.633	−0.005%	$79.0M	$39.8M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.630	−0.010%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.630	−0.010%	$50K	$93K	10x	as long as short