Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.020%

Price spread now: Pacifica against edgeX−0.124%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.124% cheaper against edgeX than usual: you would sell low and buy high (spread −0.124% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	62.481	0.0069	pay 0.0034% / 4h	3h 03m	$151K	$296K	20x
Short	Pacifica DRAM	62.404	0.0100	get 0.0013% / 1h	3m 07s	$76K	$41K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.124%Rate

Funding earned: $6.61
Price spread: −0.124% → 0.000%: −$12.39
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$22.78
Costs to cover: 0.170%
Break-even: 31.1 days

Slippage unknown: edgeX: live order book, 5 min ago; Pacifica: no order-book sample. Net counts fees only.

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, 5 min ago	6.40 bp	11.0 bp −$11	18.8 bp −$188	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
SunX DRAM-USDT	0.0000%	8h	62.490	+0.014%	$931	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.450	−0.050%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	−0.114%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.418	−0.102%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.146%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.402	−0.127%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.413	−0.110%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.420	−0.098%	$1.2M	$1.9M	10x	as long as short
edgeX DRAMUSDClong	+0.0069%	4h	62.481	long leg	$151K	$296K	20x
Pacifica DRAMshort	+0.0100%	1h	62.404	−0.124%	$76K	$41K	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.440	−0.066%	$3.0M	$420K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.400	−0.130%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.450	−0.050%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.449	−0.052%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.413	−0.110%	$971K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.410	−0.114%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.146%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0224%	1h	62.388	−0.150%	$82.2M	$37.6M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.420	−0.098%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0243%	8h	62.454	−0.044%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0248%	8h	62.430	−0.082%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0476%	8h	62.460	−0.034%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0508%	8h	62.379	−0.163%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0520%	1h	62.373	−0.174%	$255K	$448K	25x	as long as short
Variational Omni DRAM	+0.0585%	8h	62.483	+0.003%	$2.4M	$749K	—	as long as short
Bitget DRAMUSDT	+0.0594%	8h	62.420	−0.098%	$26.1M	$12.8M	20x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.450	−0.050%	$51K	$82K	10x	as long as short
MEXC DRAM_USDT	+0.0629%	8h	62.420	−0.098%	$9.7M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0632%	1h	62.406	−0.121%	$76K	$665K	10x	as long as short
Binance DRAMUSDT	+0.0634%	8h	62.430	−0.082%	$44.9M	$81.9M	50x	as long as short
Gate DRAM_USDT	+0.0846%	8h	62.450	−0.050%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0996%	8h	62.480	−0.002%	$298K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.430	−0.082%	$456K	$499K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1102%	8h	62.497	+0.025%	$37K	$152K	10x	as long as short