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+0.0065%/8h= +7.1% APRnext payment +$0.65 per $10,000 · paid last 24h −0.013%
Price spread now: KuCoin against Aster−0.078%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$850.846% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.078%, 7d avg −0.033%
Together, before fees+0.149%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.045% cheaper against Aster than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.033%). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT61.2480.0035pay 0.0035% / 8h1h 51m$197K$35K20x
ShortKuCoin DRAMUSDTM61.2000.0100get 0.0100% / 8h1h 51m$3.0M$414K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$13.56
Price spread: −0.078% → −0.033%
−$4.48
Slippage, 4 orders
−$64.59
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$75.51
Costs to cover
0.846%
Break-even
46.0 days
Slippage from Aster: live order book, 55 min ago; KuCoin: live order book, 5 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, 55 min ago3.24 bp13.6 bp −$1437.4 bp −$374doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago0.82 bp28.7 bp −$29doesn't fitdoesn't fitdoesn't fit

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−0.0445%8h61.260+0.020%$26.0M$14.5M20xas long as short
Bybit DRAMUSDT0.0000%8h61.264+0.027%$9.4M$10.3M100xas long as short
RISEx DRAM/USDC0.0000%1h61.240−0.012%$424K$419K20xas long as short
Gate DRAM_USDT0.0000%8h61.280+0.053%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.300+0.085%$36K$199K10xas long as short
SunX DRAM-USDT0.0000%8h61.220−0.045%$1K$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.200−0.078%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.230−0.029%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.272+0.041%$1K$31K5xas long as short
edgeX DRAMUSDC+0.0032%4h61.277+0.048%$149K$297K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0034%8h61.260+0.020%$5.4M$5.6M50xas long as short
Aster DRAMUSDTlong+0.0035%8h61.248long leg$197K$35K20x
QFEX DRAM-USD+0.0039%1h61.260+0.020%$998K$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.260+0.020%$48K$69K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.250+0.004%10xas long as short
Entropy io:DRAM+0.0050%1h61.252+0.007%$169K$468K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.235−0.021%$254K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.220−0.045%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.210−0.061%$1.1M$3.4M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0077%1h61.220−0.045%$13K$3K20xas long as short
Variational Omni DRAM+0.0091%8h61.274+0.043%$2.3M$682Kas long as short
tradeXYZ xyz:DRAM+0.0094%1h61.211−0.060%$79.3M$35.8M20xas long as short
Lighter DRAM+0.0096%1h61.233−0.024%$1.1M$1.1M20xas long as short
Pacifica DRAM+0.0100%1h61.260+0.020%$73K$46K10xas long as short
KuCoin DRAMUSDTMshort+0.0100%8h61.200−0.078%$3.0M$414K20x
ApeX Omni DRAMUSDT+0.0100%1h61.330+0.134%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.230−0.029%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.219−0.047%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0107%8h61.257+0.015%5xas long as short
Binance DRAMUSDT+0.0140%8h61.228−0.032%$43.8M$87.2M50xas long as short
MEXC DRAM_USDT+0.0141%8h61.220−0.045%$8.0M$5.6M100xas long as short
Extended DRAM-USD+0.0144%1h61.208−0.065%$74K$190K10xas long as short
BloFin DRAM-USDT+0.0146%8h61.290+0.069%$300K$26K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0160%1h61.110−0.225%$525K$75K20xas long as short