Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0178%/8h= +19.5% APRpaid last 24h —

Price spread now: Paradex against Entropy+0.012%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:DRAM	62.360	0.0050	pay 0.0006% / 1h	58m 39s	$254K	$449K	25x
Short	Paradex DRAM-USD-PERP	62.368	0.0228	get 0.0228% / 8h	6h 58m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.012%Rate

Funding earned: $37.33
Price spread: +0.012% → 0.000%: $1.25
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Paradex: 2 bp × 2 orders: −$4
Net: $16.58
Costs to cover: 0.220%
Break-even: 3.9 days

Slippage unknown: Entropy: live order book, 56 min ago; Paradex: 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, 56 min ago	2.25 bp	13.4 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	62.400	+0.064%	$904	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	+0.064%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.390	+0.048%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0023%	4h	62.427	+0.107%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.393	+0.053%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.400	+0.064%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.360	0.000%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.330	−0.048%	$1.0M	$78K	10x	as long as short
Entropy io:DRAMlong	+0.0050%	1h	62.360	long leg	$254K	$449K	25x
Polymarket Perps DRAM-USD	+0.0050%	1h	62.373	+0.021%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.395	+0.056%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.032%	$1.2M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.342	−0.029%	$76K	$42K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.380	+0.032%	$3.0M	$418K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.144%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.128%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.436	+0.121%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.390	+0.048%	$540K	$91K	20x	as long as short
Lighter DRAM	+0.0176%	1h	62.355	−0.008%	$968K	$1.0M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0180%	1h	62.358	−0.003%	$82.1M	$37.6M	20x	as long as short
Paradex DRAM-USD-PERPshort	+0.0228%	8h	62.368	+0.012%	—	—	5x
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.400	+0.064%	$13K	$3K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0243%	8h	62.380	+0.032%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0430%	8h	62.410	+0.080%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0511%	8h	62.416	+0.090%	$201K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0576%	8h	62.370	+0.016%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0600%	8h	62.414	+0.087%	$2.4M	$751K	—	as long as short
Binance DRAMUSDT	+0.0638%	8h	62.370	+0.016%	$44.9M	$82.1M	50x	as long as short
MEXC DRAM_USDT	+0.0639%	8h	62.370	+0.016%	$9.7M	$5.9M	100x	as long as short
Extended DRAM-USD	+0.0640%	1h	62.357	−0.006%	$76K	$665K	10x	as long as short
Gate DRAM_USDT	+0.0804%	8h	62.410	+0.080%	$8.2M	$3.3M	75x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.368	+0.013%	$456K	$501K	20x	as long as short
BloFin DRAM-USDT	+0.0988%	8h	62.400	+0.064%	$300K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1063%	8h	62.440	+0.128%	$37K	$152K	10x	as long as short