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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.9% APRnext payment +$1.17 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against Bybit−0.045%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.354% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.045%, 7d avg −0.023%
Together, before fees−0.007%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.022% cheaper against Bybit than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.023%). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.006% in total) that is about 25 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DRAMUSDT62.4230.0136pay 0.0136% / 8h4h 15m$9.7M$9.7M100x
ShortAster DRAMUSDT62.3950.0253get 0.0253% / 8h4h 15m$201K$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$24.65
Price spread: −0.045% → −0.023%
−$2.19
Slippage, 4 orders
−$16.43
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$12.97
Costs to cover
0.354%
Break-even
10.7 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 41 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 Bybit live order book, 3 min ago0.80 bp7.2 bp −$714.0 bp −$140122.7 bp −$12.3Kdoesn't fit
Sell Aster live order book, 41 min ago2.40 bp7.9 bp −$88.8 bp −$88doesn'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
RISEx DRAM/USDC0.0000%1h62.386−0.060%$442K$501K20xas long as short
SunX DRAM-USDT0.0000%8h62.400−0.037%$995$2.7M10xas long as short
HTX DRAM-USDT0.0000%8h62.420−0.005%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.410−0.021%$1.7M$1.3M10xas long as short
GRVT DRAM_USDT_Perp+0.0010%8h62.460+0.059%$37K$173K10xas long as short
Aftermath Perps DRAMUSD+0.0020%1h62.404−0.030%$1K$32K5xas long as short
Lighter DRAM+0.0032%1h62.384−0.062%$970K$1.0M20xas long as short
edgeX DRAMUSDC+0.0035%4h62.426+0.005%$151K$299K20xas long as short
Arcus DRAM-USD+0.0040%1h62.410−0.021%$49K$77K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.370−0.085%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DRAM-USD+0.0050%1h62.365−0.093%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.392−0.050%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.360−0.101%$1.1M$2.3M10xas long as short
QFEX DRAM-USD+0.0052%1h62.380−0.069%$1.0M$78K10xas long as short
tradeXYZ xyz:DRAM+0.0071%1h62.380−0.069%$81.7M$35.4M20xas long as short
Paradex DRAM-USD-PERP+0.0080%8h62.370−0.084%5xas long as short
Bitget DRAMUSDT+0.0084%8h62.410−0.021%$26.2M$13.4M20xas long as short
OKX DRAM-USDT-SWAP+0.0099%8h62.410−0.021%$5.5M$4.5M50xas long as short
Pacifica DRAM+0.0100%1h62.358−0.104%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.370−0.085%$3.0M$394K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.450+0.043%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.400−0.037%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.395−0.045%$4K10xas long as short
Bybit DRAMUSDTlong+0.0136%8h62.423long leg$9.7M$9.7M100x
Coinbase International DRAM-PERP-INTX+0.0152%1h62.330−0.149%$535K$75K20xas long as short
Entropy io:DRAM+0.0152%1h62.394−0.046%$183K$441K25xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.380−0.069%$13K$3K20xas long as short
Aster DRAMUSDTshort+0.0253%8h62.395−0.045%$201K$35K20x
Variational Omni DRAM+0.0326%8h62.404−0.030%$2.4M$747Kas long as short
Extended DRAM-USD+0.0368%1h62.376−0.075%$76K$622K10xas long as short
Binance DRAMUSDT+0.0370%8h62.407−0.025%$44.9M$80.3M50xas long as short
MEXC DRAM_USDT+0.0372%8h62.400−0.037%$8.9M$5.5M100xas long as short
BloFin DRAM-USDT+0.0402%8h62.410−0.021%$302K$26K20xas long as short
Gate DRAM_USDT+0.0631%8h62.420−0.005%$8.2M$3.5M75xas long as short