Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.004%

Price spread now: Aftermath Perps against KuCoin−0.150%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aftermath Perps is 0.150% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	62.330	0.0100	pay 0.0100% / 8h	7h 47m	$3.0M	$447K	20x
Short	Aftermath Perps DRAMUSD	62.236	0.0038	get 0.0005% / 1h	47m 19s	$1K	$35K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against KuCoin. 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 KuCoinbpFee Aftermath PerpsbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$13.1
Price spread: −0.150% → 0.000%: −$15.03
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$49.13
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 10 min ago; Aftermath Perps: 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 KuCoin live order book, 10 min ago	1.61 bp	64.2 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	62.410	+0.128%	$584	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.250	−0.128%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	+0.128%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0001%	4h	62.288	−0.067%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSDshort	+0.0038%	1h	62.236	−0.150%	$1K	$35K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	62.330	0.000%	—	—	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.398	+0.109%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.250	−0.128%	$1.2M	$1.7M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.434	+0.167%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	62.330	long leg	$3.0M	$447K	20x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni DRAMUSDT	+0.0100%	1h	62.240	−0.144%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.410	+0.128%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.396	+0.106%	$4K	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0126%	1h	62.384	+0.087%	$267K	$1.3M	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.390	+0.096%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.658%	$535K	$95K	20x	as long as short
Lighter DRAM	+0.0192%	1h	62.419	+0.143%	$977K	$1.2M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0214%	8h	62.420	+0.144%	$5.5M	$4.7M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0222%	8h	62.436	+0.170%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.400	+0.112%	$13K	$3K	20x	as long as short
Bitget DRAMUSDT	+0.0298%	8h	62.400	+0.112%	$26.4M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0344%	8h	62.296	−0.054%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0419%	8h	62.255	−0.120%	$2.4M	$756K	—	as long as short
tradeXYZ xyz:DRAM	+0.0463%	1h	62.384	+0.087%	$81.8M	$39.4M	20x	as long as short
MEXC DRAM_USDT	+0.0469%	8h	62.400	+0.112%	$10.1M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0477%	8h	62.410	+0.128%	$44.6M	$81.5M	50x	as long as short
Extended DRAM-USD	+0.0480%	1h	62.397	+0.108%	$75K	$767K	10x	as long as short
Entropy io:DRAM	+0.0490%	1h	62.260	−0.112%	$254K	$475K	25x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.290	−0.064%	$51K	$84K	10x	as long as short
Bybit DRAMUSDT	+0.0644%	8h	62.470	+0.225%	$9.7M	$10.5M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0670%	8h	62.300	−0.048%	$37K	$164K	10x	as long as short
Gate DRAM_USDT	+0.0705%	8h	62.420	+0.144%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0832%	8h	62.430	+0.160%	$297K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.392	+0.099%	$455K	$492K	20x	as long as short