Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0161%/8h= −17.6% APRpaid last 24h −0.014%

Price spread now: Bybit against tradeXYZ+0.097%7-day average +0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on tradeXYZ Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.138%−$14 on $10k

Price spread, last 7 days−0.035%−$3 · spread now +0.097%, 7d avg +0.085%

Together, before fees−0.173%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.085%, so right now this pair is about funding alone: −$5 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	61.707	0.0331	pay 0.0041% / 1h	47m 38s	$79.2M	$39.8M	20x
Short	Bybit DRAMUSDT	61.767	0.0170	get 0.0170% / 8h	1h 47m	$9.3M	$10.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.097%Rate

Funding earned: −$33.76
Price spread: +0.097% → +0.085%: $1.22
Slippage, 4 orders: −$7.03
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$68.58
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 12 min ago; Bybit: live order book, 6 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, 12 min ago	0.08 bp	9.1 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	1.62 bp	9.0 bp −$9	17.4 bp −$174	126.4 bp −$12.6K	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
Gate DRAM_USDT	0.0000%	8h	61.720	+0.021%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.730	+0.037%	$879	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.730	+0.037%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.710	+0.005%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0024%	4h	61.712	+0.009%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	61.673	−0.055%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.640	−0.109%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.666	−0.066%	$254K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.669	−0.062%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.715	+0.013%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.650	−0.092%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.710	+0.005%	$1.0M	$77K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0082%	8h	61.720	+0.021%	$5.4M	$4.6M	50x	as long as short
Aster DRAMUSDT	+0.0091%	8h	61.731	+0.039%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0092%	8h	61.720	+0.021%	$26.0M	$12.5M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.716	+0.015%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.700	−0.011%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.700	−0.011%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.700	−0.011%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.711	+0.007%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.721	+0.023%	$35K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0148%	8h	61.714	+0.012%	—	—	5x	as long as short
Bybit DRAMUSDTshort	+0.0170%	8h	61.767	+0.097%	$9.3M	$10.3M	100x
Variational Omni DRAM	+0.0172%	8h	61.710	+0.004%	$2.4M	$969K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.206%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0221%	8h	61.710	+0.005%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0222%	8h	61.718	+0.018%	$43.7M	$82.7M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.705	−0.004%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.720	+0.022%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0312%	1h	61.727	+0.032%	$992K	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0316%	8h	61.740	+0.053%	$294K	$27K	20x	as long as short
tradeXYZ xyz:DRAMlong	+0.0331%	1h	61.707	long leg	$79.2M	$39.8M	20x
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.690	−0.028%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.700	−0.011%	$50K	$92K	10x	as long as short