Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h +0.039%

Price spread now: Extended against edgeX−0.044%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$210.207% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.044%, 7d avg −0.025%

Together, before fees+0.090%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	61.428	0.0073	pay 0.0037% / 4h	2h 03m	$149K	$298K	20x
Short	Extended DRAM-USD	61.401	0.0160	get 0.0020% / 1h	3m 15s	$76K	$188K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.044%Rate

Funding earned: $18.17
Price spread: −0.044% → −0.025%: −$1.91
Slippage, 4 orders: −$6.66
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$4.39
Costs to cover: 0.207%
Break-even: 8.7 days

Slippage from edgeX: live order book, 45 min ago; Extended: live order book, 44 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, 45 min ago	2.43 bp	7.2 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell Extended live order book, 44 min ago	0.41 bp	3.2 bp −$3	6.0 bp −$60	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
Bitget DRAMUSDT	−0.0465%	8h	61.430	+0.003%	$26.1M	$14.4M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.419	−0.015%	$425K	$506K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.460	+0.052%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.462	+0.055%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.420	−0.013%	$906	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.370	−0.095%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.440	+0.019%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0012%	8h	61.430	+0.003%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.364	−0.104%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.390	−0.062%	$48K	$69K	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	61.390	−0.062%	—	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0046%	8h	61.440	+0.019%	$5.5M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.400	−0.046%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.392	−0.059%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.427	−0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.380	−0.078%	$1.1M	$3.4M	10x	as long as short
Aster DRAMUSDT	+0.0058%	8h	61.437	+0.014%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0071%	1h	61.367	−0.100%	$170K	$470K	25x	as long as short
edgeX DRAMUSDClong	+0.0073%	4h	61.428	long leg	$149K	$298K	20x
Deribit DRAM_USDC-PERPETUAL	+0.0076%	1h	61.410	−0.030%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.366	−0.101%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.390	−0.062%	$3.0M	$411K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.440	+0.019%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.410	−0.030%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.421	−0.011%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.444	+0.026%	$2.3M	$669K	—	as long as short
Paradex DRAM-USD-PERP	+0.0119%	8h	61.411	−0.028%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0147%	1h	61.388	−0.065%	$79.5M	$36.1M	20x	as long as short
Extended DRAM-USDshort	+0.0160%	1h	61.401	−0.044%	$76K	$188K	10x
Binance DRAMUSDT	+0.0163%	8h	61.403	−0.042%	$44.0M	$87.0M	50x	as long as short
MEXC DRAM_USDT	+0.0165%	8h	61.400	−0.046%	$8.1M	$5.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.518%	$525K	$75K	20x	as long as short
BloFin DRAM-USDT	+0.0191%	8h	61.470	+0.068%	$298K	$26K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.442	+0.023%	$1.1M	$1.2M	20x	as long as short