Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0165%/8h= −18.1% APRnext payment $0.21 per $10,000 · paid last 24h +0.004%
Price spread now: Entropy against tradeXYZ+0.060%7-day average +0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.060%, 7d avg +0.039%
Together, before fees−0.022%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Entropy is 0.021% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.039%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:DRAM61.5960.0231pay 0.0029% / 1h48m 01s$80.0M$35.6M20x
ShortEntropy io:DRAM61.6330.0066get 0.0008% / 1h48m 01s$170K$466K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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

Funding earned
−$34.68
Price spread: +0.060% → +0.039%
$2.08
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$68.6
Costs to cover
0.360%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 12 min ago; Entropy: live order book, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 12 min ago0.41 bp10.3 bp −$1011.7 bp −$117doesn't fitdoesn't fit
Sell Entropy live order book, 27 min ago2.11 bp13.5 bp −$13doesn't fitdoesn't fitdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx DRAM/USDC0.0000%1h61.658+0.101%$434K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h61.640+0.071%$26.0M$13.9M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.731+0.218%$36K$191K10xas long as short
SunX DRAM-USDT0.0000%8h61.670+0.120%$685$2.6M10xas long as short
Deribit DRAM_USDC-PERPETUAL0.0000%1h61.620+0.039%$13K$3K20xas long as short
HTX DRAM-USDT0.0000%8h61.690+0.153%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.610+0.023%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.636+0.065%$1K$31K5xas long as short
edgeX DRAMUSDC+0.0030%4h61.687+0.148%$149K$298K20xas long as short
Arcus DRAM-USD+0.0040%1h61.650+0.088%$48K$76K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h61.620+0.039%10xas long as short
QFEX DRAM-USD+0.0050%1h61.660+0.104%$1.0M$84K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.611+0.024%$259K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.627+0.050%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.600+0.006%$1.1M$2.6M10xas long as short
OKX DRAM-USDT-SWAP+0.0056%8h61.630+0.055%$5.4M$4.7M50xas long as short
Bybit DRAMUSDT+0.0056%8h61.638+0.068%$9.5M$10.0M100xas long as short
Entropy io:DRAMshort+0.0066%1h61.633+0.060%$170K$466K25x
Pacifica DRAM+0.0100%1h61.637+0.066%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.620+0.039%$3.0M$402K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.710+0.185%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.640+0.071%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.631+0.057%$4K10xas long as short
Aster DRAMUSDT+0.0105%8h61.618+0.035%$198K$35K20xas long as short
Paradex DRAM-USD-PERP+0.0112%8h61.658+0.101%5xas long as short
Variational Omni DRAM+0.0167%8h61.714+0.192%$2.4M$618Kas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.510−0.140%$528K$74K20xas long as short
Extended DRAM-USD+0.0216%1h61.619+0.037%$74K$238K10xas long as short
Binance DRAMUSDT+0.0218%8h61.602+0.009%$44.2M$83.4M50xas long as short
MEXC DRAM_USDT+0.0218%8h61.610+0.023%$9.0M$5.5M100xas long as short
tradeXYZ xyz:DRAMlong+0.0231%1h61.596long leg$80.0M$35.6M20x
BloFin DRAM-USDT+0.0234%8h61.710+0.185%$300K$26K20xas long as short
Gate DRAM_USDT+0.0246%8h61.680+0.136%$8.1M$3.6M75xas long as short
Lighter DRAM+0.0272%1h61.632+0.058%$1.1M$1.2M20xas long as short