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+0.0129%/8h= +14.1% APRnext payment +$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against Entropy+0.040%7-day average −0.030% · 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 4 days (all we have)−0.056%−$6 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.040%, 7d avg −0.030%
Together, before fees−0.069%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.070% dearer against Entropy than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.030%. Mind the row above: over the last 4 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:DRAM62.3600.0511pay 0.0064% / 1h1m 29s$254K$449K25x
ShortExtended DRAM-USD62.3850.0640get 0.0080% / 1h1m 29s$76K$665K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$27.05
Price spread: +0.040% → −0.030%
$7.01
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$11.06
Costs to cover
0.230%
Break-even
4.1 days
Slippage unknown: Entropy: live order book, 54 min ago; Extended: live order book, 6 min ago. 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, 54 min ago2.25 bp13.4 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 6 min ago0.40 bp3.2 bp −$36.4 bp −$64doesn't fitdoesn't fit

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%8h62.430+0.112%$950$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.400+0.064%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.430+0.112%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0023%4h62.427+0.107%$151K$297K20xas long as short
Aftermath Perps DRAMUSD+0.0035%1h62.401+0.067%$1K$34K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.380+0.032%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.395+0.056%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.421+0.098%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.350−0.016%$1.2M$1.9M10xas long as short
Pacifica DRAM+0.0100%1h62.369+0.014%$76K$41K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.390+0.048%$3.0M$419K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.450+0.144%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.450+0.144%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.454+0.151%$4K10xas long as short
Lighter DRAM+0.0120%1h62.389+0.047%$969K$1.3M20xas long as short
QFEX DRAM-USD+0.0160%1h62.390+0.048%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.390+0.048%$540K$91K20xas long as short
tradeXYZ xyz:DRAM+0.0219%1h62.398+0.061%$82.2M$37.6M20xas long as short
Paradex DRAM-USD-PERP+0.0238%8h62.406+0.074%5xas long as short
OKX DRAM-USDT-SWAP+0.0247%8h62.420+0.096%$5.5M$4.6M50xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0391%1h62.420+0.096%$13K$3K20xas long as short
Bybit DRAMUSDT+0.0456%8h62.440+0.128%$9.6M$10.4M100xas long as short
Aster DRAMUSDT+0.0510%8h62.395+0.056%$201K$36K20xas long as short
Entropy io:DRAMlong+0.0511%1h62.360long leg$254K$449K25x
Variational Omni DRAM+0.0585%8h62.483+0.198%$2.4M$749Kas long as short
Bitget DRAMUSDT+0.0587%8h62.420+0.096%$26.1M$12.8M20xas long as short
Arcus DRAM-USD+0.0606%1h62.420+0.096%$51K$82K10xas long as short
MEXC DRAM_USDT+0.0636%8h62.410+0.080%$9.7M$6.7M100xas long as short
Binance DRAMUSDT+0.0637%8h62.420+0.096%$44.9M$81.8M50xas long as short
Extended DRAM-USDshort+0.0640%1h62.385+0.040%$76K$665K10x
Gate DRAM_USDT+0.0835%8h62.430+0.112%$8.2M$3.5M75xas long as short
BloFin DRAM-USDT+0.0996%8h62.480+0.192%$298K$26K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.400+0.064%$456K$501K20xas long as short
GRVT DRAM_USDT_Perp+0.1102%8h62.497+0.220%$37K$152K10xas long as short