Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0502%/8h= +55.0% APRpaid last 24h +0.041%

Price spread now: MEXC against ApeX Omni0.000%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$860.864% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)−0.135%−$14 · spread now 0.000%, 7d avg −0.019%

Together, before fees−0.161%−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.3% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	62.190	0.0100	pay 0.0013% / 1h	35m 33s	$22K	$185K	50x
Short	MEXC DRAM_USDT	62.190	0.0602	get 0.0602% / 8h	6h 35m	$9.7M	$5.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $105.42
Price spread: 0.000% → −0.019%: $1.92
Slippage, 4 orders: −$76.35
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $20.99
Costs to cover: 0.864%
Break-even: 5.6 days

Slippage from ApeX Omni: live order book, 30 min ago; MEXC: live order book, 2 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 ApeX Omni live order book, 30 min ago	30.40 bp	43.4 bp −$43	218.7 bp −$2,187	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.80 bp	0.8 bp −$1	1.8 bp −$18	6.7 bp −$674	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
SunX DRAM-USDT	0.0000%	8h	62.180	−0.016%	$698	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.160	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.180	−0.016%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0021%	4h	62.152	−0.061%	$150K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.146	−0.071%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.160	−0.048%	$50K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.110	−0.129%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.170	−0.032%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.133	−0.092%	$252K	$434K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.156	−0.055%	$266K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.164	−0.042%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.110	−0.129%	$1.1M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.138	−0.084%	$76K	$43K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.160	−0.048%	$3.0M	$406K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	62.190	long leg	$22K	$185K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.210	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.203	+0.021%	$4K	—	10x	as long as short
Lighter DRAM	+0.0152%	1h	62.161	−0.047%	$965K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.096%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0185%	8h	62.170	−0.033%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0226%	8h	62.200	+0.016%	$5.5M	$4.7M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0234%	1h	62.160	−0.048%	$81.8M	$36.9M	20x	as long as short
Bitget DRAMUSDT	+0.0344%	8h	62.200	+0.016%	$26.0M	$12.8M	20x	as long as short
Bybit DRAMUSDT	+0.0370%	8h	62.230	+0.064%	$9.6M	$10.1M	100x	as long as short
Aster DRAMUSDT	+0.0474%	8h	62.198	+0.013%	$200K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0518%	8h	62.189	−0.002%	$37K	$152K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0555%	1h	62.160	−0.048%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0564%	8h	62.175	−0.024%	$2.4M	$758K	—	as long as short
Gate DRAM_USDT	+0.0581%	8h	62.210	+0.032%	$8.2M	$3.4M	75x	as long as short
Extended DRAM-USD	+0.0600%	1h	62.178	−0.020%	$75K	$663K	10x	as long as short
Binance DRAMUSDT	+0.0601%	8h	62.196	+0.009%	$44.6M	$82.2M	50x	as long as short
MEXC DRAM_USDTshort	+0.0602%	8h	62.190	0.000%	$9.7M	$5.9M	100x
RISEx DRAM/USDC	+0.0835%	1h	62.184	−0.009%	$448K	$504K	20x	as long as short
BloFin DRAM-USDT	+0.0951%	8h	62.380	+0.306%	$301K	$26K	20x	as long as short