Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h −0.004%

Price spread now: tradeXYZ against Bybit−0.086%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on Bybit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.086%, 7d avg −0.085%

Together, before fees+0.165%+ Points / potential airdroptradeXYZ: Active · farm board+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.897	0.0089	pay 0.0089% / 8h	3h 37m	$9.6M	$9.7M	100x
Short	tradeXYZ xyz:DRAM	61.844	0.0129	get 0.0016% / 1h	37m 39s	$80.8M	$35.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee BybitbpFee tradeXYZbpOrdersPrice spread, now −0.086%Rate

Funding earned: $8.57
Price spread: −0.086% → −0.085%: −$0.04
Slippage, 4 orders: −$6.67
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$27.14
Costs to cover: 0.357%
Break-even: 29.2 days

Slippage from Bybit: live order book, 6 min ago; tradeXYZ: live order book, 12 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 Bybit live order book, 6 min ago	0.81 bp	7.7 bp −$8	15.6 bp −$156	133.9 bp −$13.4K	doesn't fit
Sell tradeXYZ live order book, 12 min ago	0.32 bp	10.6 bp −$11	12.0 bp −$120	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	61.882	−0.024%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.890	−0.011%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.003	+0.171%	$36K	$183K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.890	−0.011%	$998	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.950	+0.086%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.890	−0.011%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	61.938	+0.066%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.880	−0.027%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.920	+0.037%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.860	−0.060%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.875	−0.036%	$164K	$454K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.853	−0.071%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.871	−0.042%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.850	−0.076%	$1.1M	$2.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0067%	8h	61.880	−0.027%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0083%	8h	61.854	−0.070%	—	—	5x	as long as short
Bybit DRAMUSDTlong	+0.0089%	8h	61.897	long leg	$9.6M	$9.7M	100x
edgeX DRAMUSDC	+0.0095%	4h	61.990	+0.150%	$150K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.870	−0.044%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.850	−0.076%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.050	+0.247%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.870	−0.044%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.874	−0.036%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.344%	$533K	$75K	20x	as long as short
tradeXYZ xyz:DRAMshort	+0.0129%	1h	61.844	−0.086%	$80.8M	$35.4M	20x
Aster DRAMUSDT	+0.0168%	8h	61.869	−0.045%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0176%	1h	61.863	−0.055%	$1.0M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0236%	8h	61.984	+0.141%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0260%	8h	61.880	−0.027%	$299K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0285%	8h	61.860	−0.060%	$44.3M	$80.7M	50x	as long as short
MEXC DRAM_USDT	+0.0286%	8h	61.850	−0.076%	$8.2M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0288%	1h	61.863	−0.055%	$76K	$657K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0397%	1h	61.860	−0.060%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0509%	8h	61.910	+0.021%	$8.1M	$3.5M	75x	as long as short