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+0.0123%/8h= +13.4% APRnext payment +$1.23 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against Aster−0.029%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 2 days (all we have)+0.068%+$7 · spread now −0.029%, 7d avg +0.024%
Together, before fees+0.141%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.053% cheaper against Aster than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.024%). If the spread goes back, that is −$5 on $10k: about 35 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.073% in total) that is about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT62.3380.0436pay 0.0436% / 8h5h 56m$201K$36K20x
ShortBinance DRAMUSDT62.3200.0559get 0.0559% / 8h5h 56m$44.7M$81.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$25.78
Price spread: −0.029% → +0.024%
−$5.29
Slippage, 4 orders
−$16.76
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$14.27
Costs to cover
0.348%
Break-even
10.9 days
Slippage from Aster: live order book, 5 min ago; Binance: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago2.41 bp13.4 bp −$1336.5 bp −$365doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago0.80 bp5.8 bp −$67.4 bp −$7433.4 bp −$3,336doesn't fit

DRAM on 33 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
RISEx DRAM/USDC0.0000%1h62.310−0.044%$448K$505K20xas long as short
SunX DRAM-USDT0.0000%8h62.320−0.029%$603$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.190−0.237%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.330−0.013%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0032%1h62.207−0.210%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.250−0.141%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.250−0.141%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.288−0.080%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.317−0.033%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.270−0.109%$1.2M$1.9M10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0055%1h62.300−0.061%$1.0M$78K10xas long as short
edgeX DRAMUSDC+0.0057%4h62.231−0.171%$151K$298K20xas long as short
Pacifica DRAM+0.0100%1h62.327−0.017%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.260−0.125%$3.0M$404K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.190−0.237%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.330−0.013%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.335−0.004%$4K10xas long as short
Bitget DRAMUSDT+0.0119%8h62.320−0.029%$26.2M$13.1M20xas long as short
Entropy io:DRAM+0.0130%1h62.226−0.179%$253K$427K25xas long as short
Paradex DRAM-USD-PERP+0.0154%8h62.308−0.049%5xas long as short
Lighter DRAM+0.0160%1h62.306−0.051%$968K$1.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.478%$534K$81K20xas long as short
OKX DRAM-USDT-SWAP+0.0215%8h62.320−0.029%$5.5M$4.5M50xas long as short
GRVT DRAM_USDT_Perp+0.0243%8h62.210−0.205%$36K$155K10xas long as short
Bybit DRAMUSDT+0.0284%8h62.370+0.052%$9.7M$10.0M100xas long as short
tradeXYZ xyz:DRAM+0.0294%1h62.282−0.090%$82.2M$37.0M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0392%1h62.310−0.045%$13K$3K20xas long as short
Aster DRAMUSDTlong+0.0436%8h62.338long leg$201K$36K20x
Gate DRAM_USDT+0.0505%8h62.360+0.036%$8.2M$3.5M75xas long as short
Variational Omni DRAM+0.0525%8h62.224−0.182%$2.4M$710Kas long as short
MEXC DRAM_USDT+0.0558%8h62.300−0.061%$9.6M$5.5M100xas long as short
Binance DRAMUSDTshort+0.0559%8h62.320−0.029%$44.7M$81.6M50x
Extended DRAM-USD+0.0560%1h62.305−0.052%$75K$665K10xas long as short