Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.008%

Price spread now: Aftermath Perps against Aster−0.046%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aftermath Perps

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aftermath Perps is 0.046% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	61.377	0.0222	pay 0.0222% / 8h	5h 53m	$196K	$28K	20x
Short	Aftermath Perps DRAMUSD	61.349	0.0030	get 0.0004% / 1h	53m 21s	$1K	$26K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aster. 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 AsterbpFee Aftermath PerpsbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$40.24
Price spread: −0.046% → 0.000%: −$4.6
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$61.84
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 56 min ago; Aftermath 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 56 min ago	2.46 bp	13.1 bp −$13	34.0 bp −$340	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath 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 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.508	+0.214%	$9.6M	$11.2M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.490	+0.184%	$26.8M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.480	+0.168%	$689	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.410	+0.054%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.450	+0.119%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSDshort	+0.0030%	1h	61.349	−0.046%	$1K	$26K	5x
Arcus DRAM-USD	+0.0040%	1h	61.430	+0.086%	$60K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.460	+0.135%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.462	+0.139%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.483	+0.173%	$2K	$15K	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.410	+0.054%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.510	+0.217%	$1.0M	$98K	10x	as long as short
edgeX DRAMUSDC	+0.0062%	4h	61.351	−0.042%	$149K	$298K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0076%	1h	61.460	+0.135%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.467	+0.146%	$74K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.410	+0.054%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.480	+0.168%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.470	+0.152%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.487	+0.179%	$4K	—	10x	as long as short
Lighter DRAM	+0.0128%	1h	61.457	+0.130%	$1.1M	$1.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0131%	8h	61.461	+0.138%	—	—	5x	as long as short
Gate DRAM_USDT	+0.0135%	8h	61.500	+0.201%	$8.0M	$3.7M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0138%	1h	61.460	+0.135%	$79.8M	$38.3M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0173%	8h	61.490	+0.184%	$5.5M	$6.7M	50x	as long as short
Aster DRAMUSDTlong	+0.0222%	8h	61.377	long leg	$196K	$28K	20x
BloFin DRAM-USDT	+0.0225%	8h	61.460	+0.135%	$305K	$27K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.330	−0.076%	$537K	$91K	20x	as long as short
Variational Omni DRAM	+0.0250%	8h	61.369	−0.012%	$2.2M	$688K	—	as long as short
MEXC DRAM_USDT	+0.0313%	8h	61.470	+0.152%	$9.0M	$5.4M	100x	as long as short
Binance DRAMUSDT	+0.0319%	8h	61.481	+0.169%	$44.6M	$97.5M	50x	as long as short
Extended DRAM-USD	+0.0320%	1h	61.464	+0.143%	$100K	$298K	10x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.468	+0.148%	$462K	$370K	20x	as long as short
Entropy io:DRAM	+0.0702%	1h	61.471	+0.153%	$328K	$1.7M	25x	as long as short
GRVT DRAM_USDT_Perp	+0.0764%	8h	61.460	+0.135%	$37K	$220K	10x	as long as short