Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0259%/8h= +28.4% APRpaid last 24h +0.025%

Price spread now: Deribit against MEXC−0.048%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Deribit

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

Funding pays, the price is against you. Deribit is 0.048% cheaper against MEXC than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DRAM_USDT	62.040	0.0298	pay 0.0298% / 8h	3h 42m	$8.2M	$5.5M	100x
Short	Deribit DRAM_USDC-PERPETUAL	62.010	0.0557	get 0.0070% / 1h	42m 48s	$13K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against MEXC. 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 MEXCbpFee DeribitbpOrdersPrice spread, now −0.048%Rate

Funding earned: $54.38
Price spread: −0.048% → 0.000%: −$4.84
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $42.55
Costs to cover: 0.070%
Break-even: 1.5 days

Slippage unknown: MEXC: live order book, 5 min ago; Deribit: 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 MEXC live order book, 5 min ago	0.81 bp	0.8 bp −$1	0.8 bp −$8	5.9 bp −$586	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
RISEx DRAM/USDC	0.0000%	1h	62.009	−0.050%	$436K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.060	+0.032%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.020	−0.032%	$36K	$182K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.020	−0.032%	$731	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.980	−0.097%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.040	0.000%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0012%	4h	62.083	+0.069%	$150K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.028	−0.019%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.000	−0.064%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.010	−0.048%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.970	−0.113%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.012	−0.045%	$165K	$455K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.994	−0.074%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.998	−0.068%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.000	−0.064%	$1.1M	$2.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0069%	8h	62.060	+0.032%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0080%	8h	61.981	−0.095%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0099%	8h	62.067	+0.044%	$9.7M	$9.7M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	62.016	−0.039%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.000	−0.064%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.040	0.000%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.030	−0.016%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.035	−0.009%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.113%	$533K	$75K	20x	as long as short
Lighter DRAM	+0.0136%	1h	62.016	−0.039%	$1.0M	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0137%	1h	62.007	−0.053%	$81.1M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0180%	8h	62.039	−0.002%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0251%	8h	62.054	+0.023%	$2.4M	$759K	—	as long as short
BloFin DRAM-USDT	+0.0275%	8h	62.020	−0.032%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0295%	8h	62.047	+0.011%	$44.5M	$80.6M	50x	as long as short
Extended DRAM-USD	+0.0296%	1h	62.022	−0.029%	$76K	$657K	10x	as long as short
MEXC DRAM_USDTlong	+0.0298%	8h	62.040	long leg	$8.2M	$5.5M	100x
Gate DRAM_USDT	+0.0541%	8h	62.070	+0.048%	$8.1M	$3.5M	75x	as long as short
Deribit DRAM_USDC-PERPETUALshort	+0.0557%	1h	62.010	−0.048%	$13K	$3K	20x