Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.046%

Price spread now: RISEx against KuCoin+0.046%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$780.778% of the position

Long on KuCoin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.046%, 7d avg +0.040%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$3 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	62.420	0.0100	pay 0.0100% / 8h	4h 33m	$3.0M	$393K	20x
Short	RISEx DRAM/USDC	62.449	0	get 0.0000% / 1h	33m 11s	$442K	$501K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$21
Price spread: +0.046% → +0.040%: $0.59
Slippage, 4 orders: −$59.8
Fee KuCoin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$98.2
Costs to cover: 0.778%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; RISEx: live order book, 25 min ago.

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, 4 min ago	0.80 bp	38.2 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 25 min ago	1.36 bp	4.4 bp −$4	5.7 bp −$57	doesn't fit	doesn't fit

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
RISEx DRAM/USDCshort	0.0000%	1h	62.449	+0.046%	$442K	$501K	20x
SunX DRAM-USDT	0.0000%	8h	62.450	+0.048%	$805	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.440	+0.032%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0022%	1h	62.403	−0.028%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.422	+0.003%	$970K	$1.0M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.410	−0.016%	$49K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.410	−0.016%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.417	−0.005%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.424	+0.006%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.380	−0.064%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.440	+0.032%	$1.0M	$78K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0055%	8h	62.436	+0.026%	$37K	$169K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0070%	1h	62.440	+0.032%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	62.426	+0.009%	$151K	$298K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0079%	1h	62.425	+0.008%	$81.8M	$35.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0090%	8h	62.445	+0.040%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.448	+0.045%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	62.420	long leg	$3.0M	$393K	20x
Bitget DRAMUSDT	+0.0100%	8h	62.450	+0.048%	$26.3M	$13.2M	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.032%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.460	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.453	+0.053%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0129%	8h	62.430	+0.016%	$5.5M	$4.5M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.144%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0171%	1h	62.410	−0.016%	$183K	$446K	25x	as long as short
Bybit DRAMUSDT	+0.0183%	8h	62.460	+0.064%	$9.7M	$9.7M	100x	as long as short
Aster DRAMUSDT	+0.0297%	8h	62.455	+0.056%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0380%	8h	62.424	+0.007%	$2.4M	$753K	—	as long as short
Binance DRAMUSDT	+0.0414%	8h	62.440	+0.032%	$45.0M	$80.2M	50x	as long as short
Extended DRAM-USD	+0.0416%	1h	62.424	+0.007%	$75K	$621K	10x	as long as short
MEXC DRAM_USDT	+0.0416%	8h	62.430	+0.016%	$9.2M	$5.4M	100x	as long as short
BloFin DRAM-USDT	+0.0522%	8h	62.460	+0.064%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0625%	8h	62.480	+0.096%	$8.2M	$3.5M	75x	as long as short