Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h +0.028%

Price spread now: Coinbase International against edgeX−0.219%7-day average −0.168% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$440.444% of the position

Long on edgeX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.242%+$24 on $10k

Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.219%, 7d avg −0.168%

Together, before fees+0.434%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.051% cheaper against edgeX than usual: you would sell low and buy high (spread −0.219% now, against its 7-day average of −0.168%). If the spread goes back, that is −$5 on $10k: about 21 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	61.465	0.0042	pay 0.0021% / 4h	1h 46m	$149K	$299K	20x
Short	Coinbase International DRAM-PERP-INTX	61.330	0.0232	get 0.0029% / 1h	46m 44s	$537K	$91K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against edgeX. 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 edgeXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.219%Rate

Funding earned: $39.85
Price spread: −0.219% → −0.168%: −$5.08
Slippage, 4 orders: −$25.37
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$9.6
Costs to cover: 0.444%
Break-even: 8.7 days

Slippage from edgeX: live order book, 64 min ago; Coinbase International: live order book, 64 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 edgeX live order book, 64 min ago	6.58 bp	11.2 bp −$11	18.9 bp −$189	doesn't fit	doesn't fit
Sell Coinbase International live order book, 64 min ago	3.29 bp	8.7 bp −$9	12.9 bp −$129	doesn't fit	doesn't fit

DRAM on 34 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.420	−0.073%	$9.6M	$11.3M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.400	−0.105%	$26.8M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.400	−0.105%	$992	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.400	−0.105%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.420	−0.073%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.383	−0.133%	$1K	$26K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.350	−0.187%	$60K	$81K	10x	as long as short
edgeX DRAMUSDClong	+0.0042%	4h	61.465	long leg	$149K	$299K	20x
Vest DRAM-USD-PERP	+0.0046%	1h	61.370	−0.154%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.384	−0.131%	$256K	$1.3M	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	61.405	−0.097%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.380	−0.138%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.410	−0.089%	$1.0M	$98K	10x	as long as short
Lighter DRAM	+0.0096%	1h	61.379	−0.140%	$1.1M	$1.4M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.357	−0.176%	$74K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.380	−0.138%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.500	+0.057%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.410	−0.089%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.420	−0.073%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0115%	1h	61.366	−0.161%	$79.7M	$38.4M	20x	as long as short
Gate DRAM_USDT	+0.0120%	8h	61.420	−0.073%	$8.0M	$3.8M	75x	as long as short
Paradex DRAM-USD-PERP	+0.0125%	8h	61.374	−0.148%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0173%	8h	61.390	−0.122%	$5.5M	$6.7M	50x	as long as short
Aster DRAMUSDT	+0.0230%	8h	61.390	−0.122%	$196K	$28K	20x	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0232%	1h	61.330	−0.219%	$537K	$91K	20x
Deribit DRAM_USDC-PERPETUAL	+0.0239%	1h	61.390	−0.122%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0278%	8h	61.459	−0.009%	$2.2M	$689K	—	as long as short
Extended DRAM-USD	+0.0328%	1h	61.370	−0.155%	$100K	$295K	10x	as long as short
Binance DRAMUSDT	+0.0329%	8h	61.390	−0.122%	$44.6M	$98.0M	50x	as long as short
MEXC DRAM_USDT	+0.0330%	8h	61.380	−0.138%	$9.0M	$5.4M	100x	as long as short
BloFin DRAM-USDT	+0.0490%	8h	61.440	−0.040%	$305K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.390	−0.122%	$462K	$369K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0764%	8h	61.486	+0.035%	$37K	$221K	10x	as long as short
Entropy io:DRAM	+0.0865%	1h	61.356	−0.177%	$321K	$1.7M	25x	as long as short