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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.016%
Price spread now: Arcus against Entropy+0.037%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Arcus is 0.037% dearer against Entropy than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:DRAM62.1870.0448pay 0.0056% / 1h49m 15s$254K$475K25x
ShortArcus DRAM-USD62.2100.0606get 0.0076% / 1h49m 15s$51K$84K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Entropy. 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
$33.13
Price spread: +0.037% → 0.000%
$3.7
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$14.32
Costs to cover
0.225%
Break-even
4.0 days
Slippage unknown: Entropy: live order book, 6 min ago; Arcus: 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
LegHalf-spread$10k$100k$1M$5M
Buy Entropy live order book, 6 min ago2.25 bp13.4 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Arcus no order-book sample
Arcus: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.310+0.198%$750$3.1M10xas long as short
HTX DRAM-USDT0.0000%8h62.250+0.101%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.300+0.182%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0038%1h62.176−0.017%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.230+0.069%10xas long as short
SoDEX DRAM-USD+0.0050%1h62.297+0.177%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.210+0.037%$1.2M$1.8M10xas long as short
edgeX DRAMUSDC+0.0075%4h62.216+0.047%$151K$295K20xas long as short
Pacifica DRAM+0.0100%1h62.226+0.063%$76K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.220+0.053%$3.0M$448K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni DRAMUSDT+0.0100%1h62.150−0.059%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.300+0.182%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.253+0.106%$4K10xas long as short
QFEX DRAM-USD+0.0160%1h62.280+0.150%$1.0M$78K10xas long as short
Polymarket Perps DRAM-USD+0.0163%1h62.277+0.145%$266K$1.3M10xas long as short
Lighter DRAM+0.0184%1h62.323+0.219%$965K$1.2M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.429%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0207%8h62.340+0.246%$5.5M$4.7M50xas long as short
Paradex DRAM-USD-PERP+0.0219%8h62.301+0.184%5xas long as short
Bitget DRAMUSDT+0.0267%8h62.300+0.182%$26.3M$12.8M20xas long as short
Aster DRAMUSDT+0.0332%8h62.218+0.050%$200K$36K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0393%1h62.280+0.150%$13K$3K20xas long as short
Variational Omni DRAM+0.0419%8h62.255+0.110%$2.4M$756Kas long as short
Entropy io:DRAMlong+0.0448%1h62.187long leg$254K$475K25x
Extended DRAM-USD+0.0464%1h62.294+0.172%$75K$767K10xas long as short
MEXC DRAM_USDT+0.0464%8h62.300+0.182%$10.1M$6.7M100xas long as short
Binance DRAMUSDT+0.0466%8h62.320+0.214%$44.5M$81.6M50xas long as short
Gate DRAM_USDT+0.0466%8h62.330+0.230%$8.3M$3.4M75xas long as short
tradeXYZ xyz:DRAM+0.0496%1h62.296+0.175%$81.7M$39.4M20xas long as short
GRVT DRAM_USDT_Perp+0.0517%8h62.213+0.042%$37K$164K10xas long as short
Bybit DRAMUSDT+0.0537%8h62.385+0.318%$9.6M$10.5M100xas long as short
Arcus DRAM-USDshort+0.0606%1h62.210+0.037%$51K$84K10x
BloFin DRAM-USDT+0.0811%8h62.310+0.198%$295K$26K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.289+0.165%$454K$477K20xas long as short