Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0314%/8h= −34.4% APRpaid last 24h −0.057%

Price spread now: HTX against tradeXYZ−0.005%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 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	61.943	0.0314	pay 0.0039% / 1h	12m 59s	$80.6M	$40.1M	20x
Short	HTX DRAM-USDT	61.940	0	get 0.0000% / 8h	12m 59s	$28K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$66.03
Price spread: −0.005% → 0.000%: −$0.48
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: −$96.51
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 7 min ago; 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 tradeXYZ live order book, 7 min ago	0.32 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

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
Gate DRAM_USDT	0.0000%	8h	61.960	+0.027%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.950	+0.011%	$742	$3.2M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	61.940	−0.005%	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	61.810	−0.215%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	61.933	−0.016%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.870	−0.118%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.906	−0.060%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.917	−0.042%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.830	−0.182%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0071%	4h	61.953	+0.015%	$153K	$291K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.950	+0.011%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.834	−0.176%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.920	−0.037%	$3.0M	$471K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.970	+0.044%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.950	+0.011%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.957	+0.023%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0178%	8h	61.960	+0.027%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0183%	8h	61.960	+0.027%	$26.1M	$12.6M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.586%	$510K	$43K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0212%	8h	61.921	−0.035%	—	—	5x	as long as short
Lighter DRAM	+0.0240%	1h	61.945	+0.003%	$961K	$1.2M	20x	as long as short
Aster DRAMUSDT	+0.0285%	8h	61.964	+0.034%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0286%	8h	61.989	+0.075%	$36K	$171K	10x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.943	0.000%	$456K	$476K	20x	as long as short
Bybit DRAMUSDT	+0.0299%	8h	61.979	+0.058%	$9.3M	$10.5M	100x	as long as short
tradeXYZ xyz:DRAMlong	+0.0314%	1h	61.943	long leg	$80.6M	$40.1M	20x
Entropy io:DRAM	+0.0332%	1h	61.904	−0.063%	$255K	$494K	25x	as long as short
Variational Omni DRAM	+0.0371%	8h	61.986	+0.069%	$2.4M	$953K	—	as long as short
MEXC DRAM_USDT	+0.0417%	8h	61.950	+0.011%	$11.2M	$6.5M	100x	as long as short
Binance DRAMUSDT	+0.0421%	8h	61.953	+0.016%	$43.6M	$82.4M	50x	as long as short
Extended DRAM-USD	+0.0424%	1h	61.940	−0.004%	$78K	$768K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0558%	1h	61.930	−0.021%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.920	−0.037%	$50K	$90K	10x	as long as short
BloFin DRAM-USDT	+0.0699%	8h	61.950	+0.011%	$295K	$27K	20x	as long as short