Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.91 per $10,000 · paid last 24h —

Price spread now: Paradex against Aster−0.039%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.039% cheaper against Aster than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	60.875	0	get 0.0000% / 8h	4m 46s	$195K	$38K	20x
Short	Paradex DRAM-USD-PERP	60.852	0.0091	get 0.0091% / 8h	4m 46s	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.039%Rate

Funding earned: $19.16
Price spread: −0.039% → 0.000%: −$3.89
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: $3.27
Costs to cover: 0.120%
Break-even: 5.8 days

Slippage unknown: Aster: live order book, 32 min ago; Paradex: 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, 32 min ago	1.64 bp	13.4 bp −$13	54.5 bp −$545	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0764%	8h	60.910	+0.057%	$26.6M	$15.1M	20x	as long as short
Aster DRAMUSDTlong	0.0000%	8h	60.875	long leg	$195K	$38K	20x
RISEx DRAM/USDC	0.0000%	1h	60.856	−0.032%	$421K	$339K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.910	+0.057%	$8.0M	$3.8M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.867	−0.014%	$2.3M	$589K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.888	+0.021%	$36K	$209K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.870	−0.009%	$796	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.840	−0.058%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.860	−0.025%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0010%	8h	60.870	−0.009%	$5.4M	$6.0M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DRAMUSDT	+0.0011%	8h	60.860	−0.025%	$43.8M	$89.0M	50x	as long as short
MEXC DRAM_USDT	+0.0012%	8h	60.860	−0.025%	$8.4M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0016%	1h	60.845	−0.050%	$74K	$198K	10x	as long as short
Bybit DRAMUSDT	+0.0021%	8h	60.893	+0.029%	$9.6M	$10.4M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	60.864	−0.019%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.840	−0.058%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.870	−0.009%	$991K	$84K	10x	as long as short
BloFin DRAM-USDT	+0.0043%	8h	60.890	+0.024%	$298K	$26K	20x	as long as short
edgeX DRAMUSDC	+0.0045%	4h	60.863	−0.020%	$148K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.840	−0.058%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.828	−0.078%	$179K	$479K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.848	−0.045%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.861	−0.024%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.820	−0.091%	$1.1M	$3.5M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0079%	1h	60.840	−0.058%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERPshort	+0.0091%	8h	60.852	−0.039%	—	—	5x
Pacifica DRAM	+0.0100%	1h	60.870	−0.008%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.850	−0.042%	$3.0M	$420K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.890	+0.024%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.870	−0.009%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.859	−0.026%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.940	+0.106%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0180%	1h	60.834	−0.068%	$78.7M	$35.7M	20x	as long as short
Lighter DRAM	+0.0344%	1h	60.870	−0.009%	$1.1M	$1.2M	20x	as long as short