Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%

Price spread now: Ondo Perps against KuCoin−0.065%7-day average −0.059% · you buy dearer than you sell

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

Long on KuCoin Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 7 days+0.035%+$3 · spread now −0.065%, 7d avg −0.059%

Together, before fees−0.035%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	61.350	0.0100	pay 0.0100% / 8h	2h 09m	$3.0M	$409K	20x
Short	Ondo Perps DRAM-USD.P	61.310	0.0050	get 0.0006% / 1h	9m 54s	$1.1M	$3.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 Ondo PerpsbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$10.42
Price spread: −0.065% → −0.059%: −$0.61
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$28.03
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 min ago; Ondo 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, 2 min ago	0.81 bp	55.6 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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
Bitget DRAMUSDT	−0.0515%	8h	61.410	+0.098%	$26.0M	$14.3M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.374	+0.038%	$425K	$507K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.450	+0.163%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.142	−0.339%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.380	+0.049%	$789	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.300	−0.081%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.390	+0.065%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0011%	8h	61.447	+0.158%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.244	−0.174%	$1K	$31K	5x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	61.247	−0.168%	$148K	$297K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.270	−0.130%	$48K	$69K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.330	−0.033%	—	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0046%	8h	61.420	+0.114%	$5.5M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.360	+0.016%	$999K	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.343	−0.011%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.385	+0.057%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Pshort	+0.0050%	1h	61.310	−0.065%	$1.1M	$3.3M	10x
Aster DRAMUSDT	+0.0068%	8h	61.452	+0.166%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0090%	1h	61.278	−0.117%	$169K	$470K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.320	−0.049%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	61.350	long leg	$3.0M	$409K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.190	−0.261%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.370	+0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.377	+0.044%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0111%	8h	61.364	+0.023%	$2.3M	$670K	—	as long as short
Paradex DRAM-USD-PERP	+0.0122%	8h	61.371	+0.034%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0147%	1h	61.365	+0.024%	$79.5M	$36.2M	20x	as long as short
BloFin DRAM-USDT	+0.0174%	8h	61.390	+0.065%	$301K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0175%	8h	61.406	+0.091%	$43.9M	$86.7M	50x	as long as short
MEXC DRAM_USDT	+0.0175%	8h	61.410	+0.098%	$8.1M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0176%	1h	61.371	+0.034%	$76K	$188K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.391%	$525K	$75K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0239%	1h	61.360	+0.016%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.401	+0.083%	$1.1M	$1.2M	20x	as long as short