Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0542%/8h= −59.3% APRpaid last 24h −0.060%

Price spread now: HTX against Entropy+0.051%7-day average — · you sell dearer than you buy

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

Long on Entropy Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.051% dearer against Entropy than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:DRAM	62.378	0.0542	pay 0.0068% / 1h	23m 35s	$254K	$453K	25x
Short	HTX DRAM-USDT	62.410	0	get 0.0000% / 8h	7h 23m	$28K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee EntropybpFee HTXbpOrdersPrice spread, now +0.051%Rate

Funding earned: −$113.76
Price spread: +0.051% → 0.000%: $5.13
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: −$138.63
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: Entropy: live order book, 31 min ago; HTX: 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 Entropy live order book, 31 min ago	2.25 bp	13.4 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	62.470	+0.147%	$717	$3.0M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	62.410	+0.051%	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	62.440	+0.099%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0011%	4h	62.503	+0.201%	$151K	$295K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	62.436	+0.092%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.440	+0.099%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.450	+0.115%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.436	+0.093%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	+0.035%	$1.1M	$1.9M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0070%	1h	62.460	+0.131%	$13K	$3K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DRAM	+0.0100%	1h	62.473	+0.153%	$76K	$41K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.420	+0.067%	$3.0M	$426K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.550	+0.276%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.500	+0.196%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.469	+0.146%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.467	+0.143%	$972K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.460	+0.131%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	+0.019%	$540K	$96K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0221%	8h	62.496	+0.189%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0234%	8h	62.480	+0.164%	$5.5M	$4.7M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0242%	1h	62.456	+0.125%	$82.1M	$37.4M	20x	as long as short
Aster DRAMUSDT	+0.0431%	8h	62.361	−0.027%	$201K	$36K	20x	as long as short
Bybit DRAMUSDT	+0.0436%	8h	62.520	+0.228%	$9.6M	$10.4M	100x	as long as short
Variational Omni DRAM	+0.0508%	8h	62.525	+0.235%	$2.4M	$750K	—	as long as short
Bitget DRAMUSDT	+0.0510%	8h	62.460	+0.131%	$26.2M	$12.9M	20x	as long as short
Entropy io:DRAMlong	+0.0542%	1h	62.378	long leg	$254K	$453K	25x
Extended DRAM-USD	+0.0552%	1h	62.456	+0.125%	$76K	$761K	10x	as long as short
MEXC DRAM_USDT	+0.0553%	8h	62.460	+0.131%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0559%	8h	62.461	+0.133%	$44.7M	$82.0M	50x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.450	+0.115%	$51K	$81K	10x	as long as short
Gate DRAM_USDT	+0.0763%	8h	62.490	+0.180%	$8.3M	$3.5M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0910%	8h	62.542	+0.264%	$37K	$155K	10x	as long as short
BloFin DRAM-USDT	+0.0932%	8h	62.550	+0.276%	$299K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.470	+0.147%	$461K	$495K	20x	as long as short