Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0101%/8h= +11.0% APRpaid last 24h −0.012%

Price spread now: MEXC against Arcus−0.065%103s7-day average — · you buy dearer than you sell

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

Long on Arcus Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. MEXC is 0.065% cheaper against Arcus than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus DRAM-USD	61.260	0.0040	pay 0.0005% / 1h	51m 50s	$48K	$69K	10x
Short	MEXC DRAM_USDT	61.220	0.0141	get 0.0141% / 8h	1h 51m	$8.0M	$5.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.065%Rate

Funding earned: $21.15
Price spread: −0.065% → 0.000%: −$6.53
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee MEXC: 0 bp × 2 orders: $0
Net: $10.12
Costs to cover: 0.045%
Break-even: 3.7 days

Slippage unknown: Arcus: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago	0.82 bp	0.8 bp −$1	0.8 bp −$8	5.5 bp −$548	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
Bitget DRAMUSDT	−0.0445%	8h	61.260	0.000%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.264	+0.007%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.240	−0.032%	$424K	$419K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.280	+0.033%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.300	+0.065%	$36K	$199K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.220	−0.065%	$1K	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.200	−0.098%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.230	−0.049%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.272	+0.020%	$1K	$31K	5x	as long as short
edgeX DRAMUSDC	+0.0032%	4h	61.277	+0.027%	$149K	$297K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0034%	8h	61.260	0.000%	$5.4M	$5.6M	50x	as long as short
Aster DRAMUSDT	+0.0035%	8h	61.248	−0.020%	$197K	$35K	20x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.260	0.000%	$998K	$84K	10x	as long as short
Arcus DRAM-USDlong	+0.0040%	1h	61.260	long leg	$48K	$69K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	61.250	−0.016%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.252	−0.013%	$169K	$468K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.235	−0.041%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.220	−0.065%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.210	−0.082%	$1.1M	$3.4M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.220	−0.065%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0091%	8h	61.274	+0.023%	$2.3M	$682K	—	as long as short
tradeXYZ xyz:DRAM	+0.0094%	1h	61.211	−0.080%	$79.3M	$35.8M	20x	as long as short
Lighter DRAM	+0.0096%	1h	61.233	−0.044%	$1.1M	$1.1M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.260	0.000%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.200	−0.098%	$3.0M	$414K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.330	+0.114%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.230	−0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.219	−0.067%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	61.257	−0.006%	—	—	5x	as long as short
Binance DRAMUSDT	+0.0140%	8h	61.228	−0.053%	$43.8M	$87.2M	50x	as long as short
MEXC DRAM_USDTshort	+0.0141%	8h	61.220	−0.065%	$8.0M	$5.6M	100x
Extended DRAM-USD	+0.0144%	1h	61.208	−0.085%	$74K	$190K	10x	as long as short
BloFin DRAM-USDT	+0.0146%	8h	61.290	+0.049%	$300K	$26K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.245%	$525K	$75K	20x	as long as short