Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: HTX against SoDEX−0.022%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 HTX

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 against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.022% cheaper against SoDEX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX DRAM-USD	62.414	0.0050	pay 0.0006% / 1h	38m 05s	$2K	$15K	20x
Short	HTX DRAM-USDT	62.400	0	get 0.0000% / 8h	4h 38m	$28K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$10.5
Price spread: −0.022% → 0.000%: −$2.24
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$32.74
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

SoDEX and 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	62.420	+0.010%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.420	+0.010%	$730	$2.7M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	62.400	−0.022%	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	62.410	−0.006%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	62.394	−0.032%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.414	0.000%	$970K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0040%	4h	62.437	+0.036%	$151K	$296K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.360	−0.087%	$51K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.038%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.394	−0.032%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USDlong	+0.0050%	1h	62.414	long leg	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.380	−0.054%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.400	−0.022%	$1.0M	$78K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.410	−0.006%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0073%	8h	62.460	+0.074%	$37K	$167K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0093%	1h	62.404	−0.016%	$81.8M	$35.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0094%	8h	62.416	+0.002%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.421	+0.012%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.410	−0.006%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.460	+0.074%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.042%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.433	+0.030%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0105%	8h	62.420	+0.010%	$26.3M	$13.2M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0138%	8h	62.430	+0.026%	$5.5M	$4.4M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.135%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0170%	1h	62.403	−0.018%	$198K	$436K	25x	as long as short
Bybit DRAMUSDT	+0.0197%	8h	62.455	+0.066%	$9.7M	$9.8M	100x	as long as short
Aster DRAMUSDT	+0.0307%	8h	62.437	+0.037%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0393%	8h	62.463	+0.079%	$2.4M	$753K	—	as long as short
Extended DRAM-USD	+0.0424%	1h	62.404	−0.015%	$75K	$636K	10x	as long as short
Binance DRAMUSDT	+0.0426%	8h	62.420	+0.010%	$45.0M	$80.3M	50x	as long as short
MEXC DRAM_USDT	+0.0427%	8h	62.420	+0.010%	$9.2M	$5.4M	100x	as long as short
BloFin DRAM-USDT	+0.0569%	8h	62.470	+0.090%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0615%	8h	62.460	+0.074%	$8.2M	$3.5M	75x	as long as short