Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h +0.021%

Price spread now: Binance against tradeXYZ+0.052%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$340.341% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 2 days (all we have)+0.012%+$1 · spread now +0.052%, 7d avg +0.046%

Together, before fees−0.027%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	62.174	0.0604	pay 0.0075% / 1h	52m 36s	$81.5M	$39.3M	20x
Short	Binance DRAMUSDT	62.207	0.0460	get 0.0460% / 8h	7h 52m	$44.4M	$81.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now +0.052%Rate

Funding earned: −$30.27
Price spread: +0.052% → +0.046%: $0.62
Slippage, 4 orders: −$6.08
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.73
Costs to cover: 0.341%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 6 min ago; Binance: live order book, 5 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 tradeXYZ live order book, 6 min ago	0.48 bp	11.5 bp −$11	12.1 bp −$121	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.81 bp	5.8 bp −$6	8.6 bp −$86	40.6 bp −$4,060	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
SunX DRAM-USDT	0.0000%	8h	62.210	+0.058%	$845	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.140	−0.055%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.220	+0.074%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	62.079	−0.153%	$150K	$295K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	62.107	−0.108%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.170	−0.006%	—	$601	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.223	+0.079%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.140	−0.055%	$1.2M	$1.8M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0072%	1h	62.200	+0.042%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.154	−0.032%	$76K	$40K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.150	−0.039%	$3.0M	$453K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.130	−0.071%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.250	+0.122%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.132	−0.068%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.198	+0.039%	$961K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.210	+0.058%	$1.0M	$79K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.409%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0197%	8h	62.180	+0.010%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0218%	8h	62.199	+0.040%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0240%	8h	62.190	+0.026%	$26.3M	$12.8M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0244%	8h	62.108	−0.106%	$37K	$164K	10x	as long as short
Gate DRAM_USDT	+0.0315%	8h	62.220	+0.074%	$8.3M	$3.3M	75x	as long as short
Polymarket Perps DRAM-USD	+0.0317%	1h	62.211	+0.060%	$266K	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0327%	8h	62.135	−0.063%	$200K	$36K	20x	as long as short
Entropy io:DRAM	+0.0409%	1h	62.129	−0.072%	$254K	$475K	25x	as long as short
Variational Omni DRAM	+0.0410%	8h	62.157	−0.028%	$2.4M	$904K	—	as long as short
Extended DRAM-USD	+0.0456%	1h	62.197	+0.037%	$75K	$767K	10x	as long as short
MEXC DRAM_USDT	+0.0457%	8h	62.200	+0.042%	$10.5M	$6.6M	100x	as long as short
Binance DRAMUSDTshort	+0.0460%	8h	62.207	+0.052%	$44.4M	$81.8M	50x
Bybit DRAMUSDT	+0.0589%	8h	62.260	+0.138%	$9.6M	$10.6M	100x	as long as short
tradeXYZ xyz:DRAMlong	+0.0604%	1h	62.174	long leg	$81.5M	$39.3M	20x
Arcus DRAM-USD	+0.0606%	1h	62.160	−0.023%	$51K	$85K	10x	as long as short
BloFin DRAM-USDT	+0.0785%	8h	62.240	+0.106%	$295K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.209	+0.057%	$454K	$478K	20x	as long as short