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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni−0.049%7-day average −0.127% · 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 7 days−0.085%−$9 on $10k
Price spread, last 4 days (all we have)−0.239%−$24 · spread now −0.049%, 7d avg −0.127%
Together, before fees−0.324%+ Points / potential airdropOndo Perps: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.078% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.049% now, against its 7-day average of −0.127%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DRAMUSDT60.9600.0100pay 0.0013% / 1h34m 47s$21K$184K50x
ShortOndo Perps DRAM-USD.P60.9300.0050get 0.0006% / 1h34m 47s$1.1M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$10.42
Price spread: −0.049% → −0.127%
$7.76
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$17.65
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 1 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 1 min ago27.89 bp40.7 bp −$41213.0 bp −$2,130doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0742%8h61.020+0.098%$26.4M$15.0M20xas long as short
Aster DRAMUSDT0.0000%8h60.979+0.031%$196K$35K20xas long as short
RISEx DRAM/USDC0.0000%1h60.956−0.006%$422K$341K20xas long as short
Gate DRAM_USDT0.0000%8h61.050+0.148%$8.0M$3.7M75xas long as short
Variational Omni DRAM0.0000%8h60.953−0.011%$2.3M$580Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.996+0.059%$36K$205K10xas long as short
SunX DRAM-USDT0.0000%8h60.970+0.016%$869$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.9600.000%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.980+0.033%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0002%8h61.038+0.128%$9.6M$10.4M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0010%8h61.000+0.066%$5.4M$6.0M50xas long as short
Binance DRAMUSDT+0.0032%8h60.980+0.033%$43.7M$88.7M50xas long as short
Extended DRAM-USD+0.0032%1h60.973+0.022%$77K$196K10xas long as short
MEXC DRAM_USDT+0.0032%8h60.990+0.049%$7.7M$5.7M100xas long as short
Aftermath Perps DRAMUSD+0.0036%1h60.968+0.013%$1K$30K5xas long as short
edgeX DRAMUSDC+0.0037%4h60.963+0.006%$148K$298K20xas long as short
BloFin DRAM-USDT+0.0038%8h61.000+0.066%$297K$26K20xas long as short
Arcus DRAM-USD+0.0040%1h60.950−0.016%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.970+0.016%$992K$84K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.940−0.033%10xas long as short
Entropy io:DRAM+0.0050%1h60.938−0.036%$179K$480K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.928−0.052%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.964+0.007%$2K$15K20xas long as short
Ondo Perps DRAM-USD.Pshort+0.0050%1h60.930−0.049%$1.1M$3.5M10x
Deribit DRAM_USDC-PERPETUAL+0.0078%1h60.930−0.049%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h60.986+0.043%$73K$38K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.9600.000%$3.0M$422K20xas long as short
ApeX Omni DRAMUSDTlong+0.0100%1h60.960long leg$21K$184K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.9600.000%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0102%8h60.970+0.017%5xas long as short
Aevo DRAM-PERP+0.0104%1h60.951−0.015%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.910−0.082%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0202%1h60.971+0.018%$78.9M$35.9M20xas long as short
Lighter DRAM+0.0368%1h60.997+0.061%$1.1M$1.2M20xas long as short