Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0674%/8h= −73.8% APRpaid last 24h −0.054%

Price spread now: edgeX against Arcus+0.038%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.038% dearer against Arcus than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus DRAM-USD	61.940	0.0680	pay 0.0085% / 1h	39m 01s	$50K	$89K	10x
Short	edgeX DRAMUSDC	61.964	0.0006	get 0.0003% / 4h	39m 01s	$153K	$289K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Arcus. 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 ArcusbpFee edgeXbpOrdersPrice spread, now +0.038%Rate

Funding earned: −$141.61
Price spread: +0.038% → 0.000%: $3.81
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$151.31
Costs to cover: 0.135%
Break-even: never at this rate

Slippage unknown: Arcus: no order-book sample; edgeX: live order book, 39 min ago. 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 Arcus no order-book sample	—	—	—	—	—
Sell edgeX live order book, 39 min ago	2.43 bp	7.5 bp −$7	15.0 bp −$150	doesn't fit	doesn't fit

Arcus: 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
Gate DRAM_USDT	0.0000%	8h	61.980	+0.065%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.960	+0.032%	$722	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.920	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	−0.210%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDCshort	+0.0006%	4h	61.964	+0.038%	$153K	$289K	20x
Aftermath Perps DRAMUSD	+0.0037%	1h	61.984	+0.070%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.920	−0.032%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.938	−0.003%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.962	+0.036%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.920	−0.032%	$1.2M	$1.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.950	+0.016%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.969	+0.047%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.930	−0.016%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.860	−0.129%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.065%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.971	+0.050%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0148%	8h	61.970	+0.048%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0149%	8h	61.960	+0.032%	$26.0M	$12.7M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0181%	8h	61.963	+0.038%	—	—	5x	as long as short
Aster DRAMUSDT	+0.0187%	8h	61.976	+0.058%	$199K	$36K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.581%	$510K	$43K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.954	+0.023%	$977K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0204%	8h	61.980	+0.065%	$36K	$172K	10x	as long as short
Variational Omni DRAM	+0.0276%	8h	61.967	+0.044%	$2.4M	$947K	—	as long as short
Bybit DRAMUSDT	+0.0280%	8h	61.990	+0.081%	$9.3M	$10.5M	100x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.966	+0.043%	$457K	$475K	20x	as long as short
Extended DRAM-USD	+0.0320%	1h	61.955	+0.024%	$77K	$766K	10x	as long as short
MEXC DRAM_USDT	+0.0320%	8h	61.960	+0.032%	$11.2M	$6.5M	100x	as long as short
Binance DRAMUSDT	+0.0323%	8h	61.970	+0.048%	$43.9M	$82.6M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0327%	1h	61.959	+0.031%	$80.4M	$39.7M	20x	as long as short
Entropy io:DRAM	+0.0334%	1h	61.920	−0.032%	$260K	$502K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0558%	1h	61.950	+0.016%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0581%	8h	61.980	+0.065%	$253K	$27K	20x	as long as short
Arcus DRAM-USDlong	+0.0680%	1h	61.940	long leg	$50K	$89K	10x