Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.013%

Price spread now: KuCoin against tradeXYZ−0.086%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$790.790% of the position

Long on tradeXYZ Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$4 on $10k

Price spread, last 7 days+0.123%+$12 · spread now −0.086%, 7d avg +0.026%

Together, before fees+0.088%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.112% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	60.372	0.0198	pay 0.0025% / 1h	20m 48s	$78.3M	$35.8M	20x
Short	KuCoin DRAMUSDTM	60.320	0.0100	get 0.0100% / 8h	7h 20m	$2.9M	$398K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.086%Rate

Funding earned: −$20.55
Price spread: −0.086% → +0.026%: −$11.23
Slippage, 4 orders: −$48.99
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$110.76
Costs to cover: 0.790%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 9 min ago; KuCoin: 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, 9 min ago	0.50 bp	10.9 bp −$11	12.0 bp −$120	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	0.83 bp	23.2 bp −$23	doesn't fit	doesn't fit	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
Bitget DRAMUSDT	−0.0547%	8h	60.390	+0.030%	$26.4M	$15.2M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.364	−0.013%	$193K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.356	−0.027%	$75K	$248K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.370	−0.003%	$43.6M	$91.7M	50x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.298	−0.122%	$416K	$337K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.390	+0.030%	$7.9M	$3.7M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.380	+0.013%	$8.4M	$5.4M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.406	+0.057%	$2.2M	$688K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.230	−0.235%	$36K	$210K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.360	−0.020%	$727	$2.5M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DRAM-USDT	0.0000%	8h	60.230	−0.235%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.400	+0.046%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0017%	8h	60.390	+0.030%	$5.4M	$6.3M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.340	−0.053%	$47K	$67K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0041%	1h	60.234	−0.228%	$1K	$29K	5x	as long as short
edgeX DRAMUSDC	+0.0043%	4h	60.225	−0.244%	$146K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.430	+0.096%	—	—	10x	as long as short
Bybit DRAMUSDT	+0.0046%	8h	60.380	+0.013%	$9.5M	$10.5M	100x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.318	−0.089%	$164K	$498K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.345	−0.045%	$251K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.367	−0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.260	−0.186%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.400	+0.046%	$985K	$91K	10x	as long as short
BloFin DRAM-USDT	+0.0060%	8h	60.360	−0.020%	$301K	$26K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.316	−0.093%	$72K	$30K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	60.320	−0.086%	$2.9M	$398K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	60.250	−0.202%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.340	−0.053%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.322	−0.083%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0122%	8h	60.343	−0.047%	—	—	5x	as long as short
tradeXYZ xyz:DRAMlong	+0.0198%	1h	60.372	long leg	$78.3M	$35.8M	20x
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.100	−0.451%	$527K	$87K	20x	as long as short
Lighter DRAM	+0.0296%	1h	60.376	+0.007%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0745%	1h	60.360	−0.020%	$12K	$3K	20x	as long as short