Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0759%/8h= +83.1% APRpaid last 24h +0.037%
Price spread now: RISEx against Aster+0.127%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$360.360% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.036%+$4 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.127%, 7d avg +0.008%
Together, before fees−0.033%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and RISEx is 0.119% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.008%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.036% in total (about 3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT62.2620.0337pay 0.0337% / 8h7h 48m$200K$36K20x
ShortRISEx DRAM/USDC62.3410.1096get 0.0137% / 1h48m 16s$455K$492K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$159.39
Price spread: +0.127% → +0.008%
$11.94
Slippage, 4 orders
−$21.96
Fee Aster: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$135.37
Costs to cover
0.360%
Break-even
1.1 days
Slippage from Aster: live order book, 23 min ago; RISEx: live order book, 25 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, 23 min ago3.23 bp16.9 bp −$1742.6 bp −$426doesn't fitdoesn't fit
Sell RISEx live order book, 25 min ago1.37 bp4.4 bp −$44.9 bp −$49doesn'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
SunX DRAM-USDT0.0000%8h62.390+0.206%$751$3.1M10xas long as short
HTX DRAM-USDT0.0000%8h62.250−0.019%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.300+0.061%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0038%1h62.206−0.089%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.290+0.045%10xas long as short
SoDEX DRAM-USD+0.0050%1h62.351+0.143%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.250−0.019%$1.2M$1.8M10xas long as short
edgeX DRAMUSDC+0.0075%4h62.216−0.074%$151K$295K20xas long as short
Pacifica DRAM+0.0100%1h62.372+0.177%$76K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.280+0.029%$3.0M$448K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni DRAMUSDT+0.0100%1h62.150−0.180%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.370+0.174%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.348+0.139%$4K10xas long as short
Polymarket Perps DRAM-USD+0.0146%1h62.344+0.132%$267K$1.3M10xas long as short
QFEX DRAM-USD+0.0160%1h62.330+0.110%$1.0M$78K10xas long as short
Lighter DRAM+0.0184%1h62.353+0.146%$965K$1.2M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.549%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0211%8h62.390+0.206%$5.5M$4.7M50xas long as short
Paradex DRAM-USD-PERP+0.0221%8h62.365+0.165%5xas long as short
Bitget DRAMUSDT+0.0280%8h62.370+0.174%$26.3M$12.8M20xas long as short
Aster DRAMUSDTlong+0.0337%8h62.262long leg$200K$36K20x
Deribit DRAM_USDC-PERPETUAL+0.0392%1h62.370+0.174%$13K$3K20xas long as short
Variational Omni DRAM+0.0419%8h62.255−0.010%$2.4M$756Kas long as short
Entropy io:DRAM+0.0463%1h62.218−0.070%$254K$475K25xas long as short
MEXC DRAM_USDT+0.0465%8h62.360+0.158%$10.1M$6.7M100xas long as short
Binance DRAMUSDT+0.0470%8h62.375+0.183%$44.5M$81.5M50xas long as short
Extended DRAM-USD+0.0472%1h62.365+0.165%$75K$767K10xas long as short
tradeXYZ xyz:DRAM+0.0483%1h62.362+0.161%$81.8M$39.4M20xas long as short
GRVT DRAM_USDT_Perp+0.0517%8h62.213−0.078%$37K$164K10xas long as short
Arcus DRAM-USD+0.0606%1h62.240−0.035%$51K$84K10xas long as short
Gate DRAM_USDT+0.0626%8h62.370+0.174%$8.3M$3.4M75xas long as short
Bybit DRAMUSDT+0.0635%8h62.450+0.302%$9.6M$10.5M100xas long as short
BloFin DRAM-USDT+0.0811%8h62.310+0.077%$295K$26K20xas long as short
RISEx DRAM/USDCshort+0.1096%1h62.341+0.127%$455K$492K20x