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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0227%/8h= +24.8% APRpaid last 24h +0.013%
Price spread now: Aster against ApeX Omni−0.065%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1131.129% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.065%, 7d avg −0.016%
Together, before fees−0.100%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.049% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.016%). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.098%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DRAMUSDT62.2000.0100pay 0.0013% / 1h51m 25s$22K$186K50x
ShortAster DRAMUSDT62.1600.0327get 0.0327% / 8h7h 51m$200K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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
$47.64
Price spread: −0.065% → −0.016%
−$4.88
Slippage, 4 orders
−$94.94
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$70.18
Costs to cover
1.129%
Break-even
17.3 days
Slippage from ApeX Omni: live order book, 20 min ago; Aster: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 20 min ago30.67 bp44.7 bp −$45201.7 bp −$2,017doesn't fitdoesn't fit
Sell Aster live order book, 20 min ago3.23 bp10.3 bp −$1010.4 bp −$104doesn'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
SunX DRAM-USDT0.0000%8h62.220+0.032%$904$3.1M10xas long as short
HTX DRAM-USDT0.0000%8h62.170−0.048%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.220+0.032%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0039%1h62.143−0.091%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.170−0.048%$20110xas long as short
SoDEX DRAM-USD+0.0050%1h62.213+0.021%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.140−0.096%$1.2M$1.8M10xas long as short
edgeX DRAMUSDC+0.0075%4h62.216+0.026%$151K$295K20xas long as short
Pacifica DRAM+0.0100%1h62.189−0.018%$76K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.160−0.064%$3.0M$449K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni DRAMUSDTlong+0.0100%1h62.200long leg$22K$186K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.260+0.096%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.149−0.082%$4K10xas long as short
Lighter DRAM+0.0144%1h62.246+0.074%$961K$1.2M20xas long as short
QFEX DRAM-USD+0.0160%1h62.190−0.016%$1.0M$79K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.450%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0199%8h62.220+0.032%$5.4M$4.6M50xas long as short
Polymarket Perps DRAM-USD+0.0216%1h62.215+0.024%$266K$1.3M10xas long as short
Paradex DRAM-USD-PERP+0.0219%8h62.237+0.060%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0233%1h62.190−0.016%$13K$3K20xas long as short
Bitget DRAMUSDT+0.0249%8h62.230+0.048%$26.3M$12.8M20xas long as short
Aster DRAMUSDTshort+0.0327%8h62.160−0.065%$200K$36K20x
Variational Omni DRAM+0.0419%8h62.255+0.089%$2.4M$756Kas long as short
Entropy io:DRAM+0.0424%1h62.151−0.079%$254K$475K25xas long as short
Extended DRAM-USD+0.0456%1h62.237+0.059%$75K$767K10xas long as short
MEXC DRAM_USDT+0.0459%8h62.240+0.064%$10.5M$6.6M100xas long as short
Binance DRAMUSDT+0.0461%8h62.250+0.081%$44.4M$81.6M50xas long as short
Gate DRAM_USDT+0.0462%8h62.270+0.113%$8.3M$3.3M75xas long as short
GRVT DRAM_USDT_Perp+0.0517%8h62.213+0.021%$37K$164K10xas long as short
tradeXYZ xyz:DRAM+0.0554%1h62.243+0.069%$81.6M$39.3M20xas long as short
Arcus DRAM-USD+0.0606%1h62.180−0.032%$51K$84K10xas long as short
Bybit DRAMUSDT+0.0617%8h62.300+0.161%$9.6M$10.5M100xas long as short
BloFin DRAM-USDT+0.0785%8h62.240+0.064%$295K$27K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.238+0.061%$454K$478K20xas long as short