Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h —

Price spread now: Paradex against tradeXYZ+0.032%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Paradex is 0.032% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	61.095	0.0088	pay 0.0011% / 1h	40m 04s	$79.1M	$35.9M	20x
Short	Paradex DRAM-USD-PERP	61.115	0.0100	get 0.0100% / 8h	1h 40m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.032%Rate

Funding earned: $2.47
Price spread: +0.032% → 0.000%: $3.23
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$16.29
Costs to cover: 0.220%
Break-even: 53.1 days

Slippage unknown: tradeXYZ: live order book, 10 min ago; Paradex: 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, 10 min ago	0.08 bp	10.5 bp −$11	11.8 bp −$118	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Bitget DRAMUSDT	−0.0504%	8h	61.130	+0.057%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.140	+0.074%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.120	+0.040%	$423K	$367K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.150	+0.090%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.202	+0.175%	$36K	$200K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.120	+0.041%	$460	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.100	+0.008%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.120	+0.041%	$1.7M	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0011%	8h	61.139	+0.073%	$197K	$35K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0024%	8h	61.130	+0.057%	$5.4M	$5.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps DRAMUSD	+0.0030%	1h	61.143	+0.078%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.130	+0.057%	$996K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.130	+0.057%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.110	+0.025%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.121	+0.043%	$168K	$470K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.103	+0.013%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.115	+0.033%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.090	−0.008%	$1.1M	$3.4M	10x	as long as short
Variational Omni DRAM	+0.0063%	8h	61.114	+0.032%	$2.3M	$682K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.110	+0.025%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0085%	4h	61.216	+0.198%	$148K	$299K	20x	as long as short
tradeXYZ xyz:DRAMlong	+0.0088%	1h	61.095	long leg	$79.1M	$35.9M	20x
Paradex DRAM-USD-PERPshort	+0.0100%	8h	61.115	+0.032%	—	—	5x
Pacifica DRAM	+0.0100%	1h	61.130	+0.057%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.110	+0.025%	$3.0M	$415K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.230	+0.221%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.120	+0.041%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.108	+0.021%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0107%	8h	61.130	+0.057%	$300K	$26K	20x	as long as short
Extended DRAM-USD	+0.0112%	1h	61.107	+0.019%	$74K	$193K	10x	as long as short
Binance DRAMUSDT	+0.0113%	8h	61.120	+0.041%	$43.7M	$87.5M	50x	as long as short
MEXC DRAM_USDT	+0.0115%	8h	61.120	+0.041%	$8.0M	$5.6M	100x	as long as short
Lighter DRAM	+0.0128%	1h	61.140	+0.074%	$1.1M	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.025%	$525K	$75K	20x	as long as short