Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.040%

Price spread now: Aevo against Binance−0.044%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.044% cheaper against Binance than usual: you would sell low and buy high (−$4 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	Binance DRAMUSDT	61.460	0.0172	pay 0.0172% / 8h	2h 06m	$44.0M	$86.9M	50x
Short	Aevo DRAM-PERP	61.433	0.0104	get 0.0013% / 1h	6m 52s	$4K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.044%Rate

Funding earned: −$14.23
Price spread: −0.044% → 0.000%: −$4.4
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$44.63
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 6 min ago; Aevo: 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 Binance live order book, 6 min ago	0.81 bp	7.2 bp −$7	9.9 bp −$99	35.4 bp −$3,536	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0495%	8h	61.470	+0.016%	$26.1M	$14.4M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.429	−0.050%	$425K	$506K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.500	+0.065%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.386	−0.120%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.430	−0.049%	$841	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.310	−0.244%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.440	−0.033%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0018%	8h	61.490	+0.049%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.309	−0.246%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.340	−0.195%	$48K	$69K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.420	−0.065%	—	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0049%	8h	61.480	+0.033%	$5.5M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.430	−0.049%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.439	−0.034%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.442	−0.029%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.360	−0.163%	$1.1M	$3.4M	10x	as long as short
edgeX DRAMUSDC	+0.0060%	4h	61.358	−0.165%	$149K	$297K	20x	as long as short
Aster DRAMUSDT	+0.0066%	8h	61.486	+0.043%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0088%	1h	61.336	−0.202%	$169K	$469K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.382	−0.127%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.420	−0.065%	$3.0M	$410K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.380	−0.130%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.450	−0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERPshort	+0.0104%	1h	61.433	−0.044%	$4K	—	10x
Variational Omni DRAM	+0.0111%	8h	61.364	−0.156%	$2.3M	$670K	—	as long as short
Paradex DRAM-USD-PERP	+0.0125%	8h	61.417	−0.070%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0151%	1h	61.430	−0.049%	$79.6M	$36.1M	20x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.442	−0.029%	$76K	$188K	10x	as long as short
Binance DRAMUSDTlong	+0.0172%	8h	61.460	long leg	$44.0M	$86.9M	50x
MEXC DRAM_USDT	+0.0172%	8h	61.450	−0.016%	$8.1M	$5.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.569%	$525K	$75K	20x	as long as short
BloFin DRAM-USDT	+0.0190%	8h	61.430	−0.049%	$299K	$26K	20x	as long as short
Lighter DRAM	+0.0248%	1h	61.459	−0.002%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0401%	1h	61.440	−0.033%	$13K	$3K	20x	as long as short