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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0006%/8h= −0.7% APRnext payment $0.01 per $10,000 · paid last 24h +0.027%
Price spread now: Entropy against ApeX Omni−0.149%7-day average −0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.149%, 7d avg −0.013%
Together, before fees+0.063%+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Entropy is 0.135% cheaper against ApeX Omni than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DRAMUSDT62.4400.0100pay 0.0013% / 1h3m 08s$22K$186K50x
ShortEntropy io:DRAM62.3470.0094get 0.0012% / 1h3m 08s$246K$413K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
−$1.31
Price spread: −0.149% → −0.013%
−$13.55
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$42.86
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 58 min ago; Entropy: live order book, 32 min ago. Net counts fees only.

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, 58 min ago30.54 bp42.4 bp −$42198.7 bp −$1,987doesn't fitdoesn't fit
Sell Entropy live order book, 32 min ago2.49 bpdoesn't fitdoesn't fitdoesn'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
RISEx DRAM/USDC0.0000%1h62.377−0.100%$443K$501K20xas long as short
SunX DRAM-USDT0.0000%8h62.390−0.080%$659$2.7M10xas long as short
HTX DRAM-USDT0.0000%8h62.370−0.112%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.410−0.048%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0027%1h62.355−0.136%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.360−0.128%$51K$80K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.350−0.144%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.363−0.123%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.391−0.078%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.330−0.176%$1.1M$2.2M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0055%1h62.360−0.128%$1.0M$78K10xas long as short
edgeX DRAMUSDC+0.0060%4h62.403−0.059%$151K$298K20xas long as short
Lighter DRAM+0.0088%1h62.396−0.070%$970K$1.0M20xas long as short
Entropy io:DRAMshort+0.0094%1h62.347−0.149%$246K$413K25x
Pacifica DRAM+0.0100%1h62.350−0.144%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.380−0.096%$3.0M$389K20xas long as short
ApeX Omni DRAMUSDTlong+0.0100%1h62.440long leg$22K$186K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.410−0.048%$9K10xas long as short
Bitget DRAMUSDT+0.0104%8h62.400−0.064%$26.3M$13.2M20xas long as short
Aevo DRAM-PERP+0.0104%1h62.405−0.056%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0118%8h62.378−0.100%5xas long as short
GRVT DRAM_USDT_Perp+0.0127%8h62.412−0.045%$37K$163K10xas long as short
OKX DRAM-USDT-SWAP+0.0169%8h62.400−0.064%$5.5M$4.4M50xas long as short
tradeXYZ xyz:DRAM+0.0174%1h62.379−0.098%$81.9M$36.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.641%$534K$74K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.390−0.080%$13K$3K20xas long as short
Bybit DRAMUSDT+0.0243%8h62.430−0.016%$9.7M$10.0M100xas long as short
Aster DRAMUSDT+0.0359%8h62.420−0.032%$201K$36K20xas long as short
Variational Omni DRAM+0.0441%8h62.393−0.076%$2.4M$717Kas long as short
Binance DRAMUSDT+0.0477%8h62.391−0.079%$44.9M$80.9M50xas long as short
MEXC DRAM_USDT+0.0479%8h62.400−0.064%$9.3M$5.6M100xas long as short
Extended DRAM-USD+0.0480%1h62.372−0.109%$76K$637K10xas long as short
Gate DRAM_USDT+0.0573%8h62.4400.000%$8.2M$3.6M75xas long as short
BloFin DRAM-USDT+0.0684%8h62.400−0.064%$302K$26K20xas long as short