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−0.0078%/8h= −8.5% APRpaid last 24h +0.033%
Price spread now: Deribit against Binance−0.009%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DRAMUSDT62.3750.0470pay 0.0470% / 8h7h 48m$44.5M$81.5M50x
ShortDeribit DRAM_USDC-PERPETUAL62.3700.0392get 0.0049% / 1h48m 22s$13K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$16.35
Price spread: −0.009% → 0.000%
−$0.87
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$34.22
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago0.81 bp6.4 bp −$69.3 bp −$9335.2 bp −$3,521doesn't fit
Sell Deribit no order-book sample
Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.390+0.023%$751$3.1M10xas long as short
HTX DRAM-USDT0.0000%8h62.250−0.201%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.300−0.121%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0038%1h62.206−0.271%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.290−0.137%10xas long as short
SoDEX DRAM-USD+0.0050%1h62.351−0.039%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.250−0.201%$1.2M$1.8M10xas long as short
edgeX DRAMUSDC+0.0075%4h62.216−0.256%$151K$295K20xas long as short
Pacifica DRAM+0.0100%1h62.372−0.005%$76K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.280−0.153%$3.0M$448K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni DRAMUSDT+0.0100%1h62.150−0.361%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.370−0.009%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.348−0.043%$4K10xas long as short
Polymarket Perps DRAM-USD+0.0146%1h62.344−0.050%$267K$1.3M10xas long as short
QFEX DRAM-USD+0.0160%1h62.330−0.073%$1.0M$78K10xas long as short
Lighter DRAM+0.0184%1h62.353−0.036%$965K$1.2M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.730%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0211%8h62.390+0.023%$5.5M$4.7M50xas long as short
Paradex DRAM-USD-PERP+0.0221%8h62.365−0.017%5xas long as short
Bitget DRAMUSDT+0.0280%8h62.370−0.009%$26.3M$12.8M20xas long as short
Aster DRAMUSDT+0.0337%8h62.262−0.182%$200K$36K20xas long as short
Deribit DRAM_USDC-PERPETUALshort+0.0392%1h62.370−0.009%$13K$3K20x
Variational Omni DRAM+0.0419%8h62.255−0.193%$2.4M$756Kas long as short
Entropy io:DRAM+0.0463%1h62.218−0.252%$254K$475K25xas long as short
MEXC DRAM_USDT+0.0465%8h62.360−0.025%$10.1M$6.7M100xas long as short
Binance DRAMUSDTlong+0.0470%8h62.375long leg$44.5M$81.5M50x
Extended DRAM-USD+0.0472%1h62.365−0.017%$75K$767K10xas long as short
tradeXYZ xyz:DRAM+0.0483%1h62.362−0.022%$81.8M$39.4M20xas long as short
GRVT DRAM_USDT_Perp+0.0517%8h62.213−0.260%$37K$164K10xas long as short
Arcus DRAM-USD+0.0606%1h62.240−0.217%$51K$84K10xas long as short
Gate DRAM_USDT+0.0626%8h62.370−0.009%$8.3M$3.4M75xas long as short
Bybit DRAMUSDT+0.0635%8h62.450+0.120%$9.6M$10.5M100xas long as short
BloFin DRAM-USDT+0.0811%8h62.310−0.105%$295K$26K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.341−0.055%$455K$492K20xas long as short