Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0175%/8h= −19.2% APRpaid last 24h −0.071%

Price spread now: ApeX Omni against BloFin+0.032%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1021.017% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.032%, 7d avg +0.007%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.025% dearer against BloFin than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of +0.007%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin DRAM-USDT	62.020	0.0275	pay 0.0275% / 8h	3h 42m	$300K	$26K	20x
Short	ApeX Omni DRAMUSDT	62.040	0.0100	get 0.0013% / 1h	42m 18s	$22K	$184K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.032%Rate

Funding earned: −$36.82
Price spread: +0.032% → +0.007%: $2.49
Slippage, 4 orders: −$79.7
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$136.03
Costs to cover: 1.017%
Break-even: never at this rate

Slippage from BloFin: live order book, 52 min ago; ApeX Omni: live order book, 9 min ago.

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 BloFin live order book, 52 min ago	1.60 bp	10.1 bp −$10	12.1 bp −$121	34.8 bp −$3,478	doesn't fit
Sell ApeX Omni live order book, 9 min ago	22.53 bp	47.7 bp −$48	208.6 bp −$2,086	doesn't fit	doesn't fit

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
RISEx DRAM/USDC	0.0000%	1h	62.037	+0.028%	$437K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.070	+0.081%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.020	0.000%	$36K	$182K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.050	+0.048%	$738	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.980	−0.064%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.060	+0.064%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0012%	4h	62.083	+0.102%	$150K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.016	−0.006%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.040	+0.032%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.010	−0.016%	$48K	$77K	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	62.010	−0.016%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.020	0.000%	$165K	$455K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.019	−0.002%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.029	+0.015%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.000	−0.032%	$1.1M	$2.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0069%	8h	62.060	+0.064%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0082%	8h	62.030	+0.017%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.048	+0.045%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.000	−0.032%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	62.040	+0.032%	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.040	+0.032%	$9K	—	10x	as long as short
Bybit DRAMUSDT	+0.0100%	8h	62.070	+0.081%	$9.7M	$9.7M	100x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.036	+0.026%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.145%	$533K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0139%	1h	62.033	+0.021%	$81.1M	$35.6M	20x	as long as short
Lighter DRAM	+0.0152%	1h	62.027	+0.011%	$1.0M	$1.2M	20x	as long as short
Aster DRAMUSDT	+0.0180%	8h	62.028	+0.013%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0251%	8h	62.054	+0.055%	$2.4M	$759K	—	as long as short
BloFin DRAM-USDTlong	+0.0275%	8h	62.020	long leg	$300K	$26K	20x
Binance DRAMUSDT	+0.0294%	8h	62.054	+0.055%	$44.5M	$80.6M	50x	as long as short
MEXC DRAM_USDT	+0.0295%	8h	62.050	+0.048%	$8.2M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0296%	1h	62.036	+0.026%	$76K	$657K	10x	as long as short
Gate DRAM_USDT	+0.0538%	8h	62.070	+0.081%	$8.1M	$3.5M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0557%	1h	62.040	+0.032%	$13K	$3K	20x	as long as short