Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.006%

Price spread now: Orderly against Aftermath Perps−0.027%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.027% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 34 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps DRAMUSD	60.987	0.0035	pay 0.0004% / 1h	35m 42s	$1K	$30K	5x
Short	Orderly PERP_DRAM_USDC_mythos	60.970	0.0100	get 0.0100% / 8h	35m 42s	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aftermath Perps. 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 Aftermath PerpsbpFee OrderlybpOrdersPrice spread, now −0.027%Rate

Funding earned: $13.56
Price spread: −0.027% → 0.000%: −$2.71
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$4.15
Costs to cover: 0.150%
Break-even: 9.1 days

Slippage unknown: Aftermath Perps: no order-book sample; Orderly: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aftermath Perps and Orderly: 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	−0.0742%	8h	61.010	+0.039%	$26.4M	$15.0M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.952	−0.056%	$196K	$35K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.956	−0.050%	$422K	$341K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.030	+0.071%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.953	−0.055%	$2.3M	$580K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.996	+0.016%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.980	−0.011%	$874	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.960	−0.043%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.980	−0.011%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0002%	8h	61.020	+0.055%	$9.6M	$10.4M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0010%	8h	60.990	+0.006%	$5.4M	$6.0M	50x	as long as short
BloFin DRAM-USDT	+0.0028%	8h	61.000	+0.022%	$297K	$26K	20x	as long as short
Extended DRAM-USD	+0.0032%	1h	60.943	−0.071%	$77K	$196K	10x	as long as short
MEXC DRAM_USDT	+0.0032%	8h	60.960	−0.043%	$7.7M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0032%	8h	60.970	−0.027%	$43.7M	$88.7M	50x	as long as short
Aftermath Perps DRAMUSDlong	+0.0035%	1h	60.987	long leg	$1K	$30K	5x
Arcus DRAM-USD	+0.0040%	1h	60.950	−0.060%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.960	−0.043%	$993K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.940	−0.076%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.931	−0.091%	$179K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.956	−0.050%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.973	−0.022%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.930	−0.093%	$1.1M	$3.5M	10x	as long as short
edgeX DRAMUSDC	+0.0070%	4h	60.968	−0.030%	$148K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.986	−0.001%	$73K	$38K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.950	−0.060%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.040	+0.088%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythosshort	+0.0100%	8h	60.970	−0.027%	$8K	—	10x
Paradex DRAM-USD-PERP	+0.0102%	8h	60.970	−0.027%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.965	−0.035%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.910	−0.125%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0201%	1h	60.963	−0.039%	$78.9M	$35.9M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0242%	1h	60.960	−0.043%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0368%	1h	60.995	+0.014%	$1.1M	$1.2M	20x	as long as short