Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0508%/8h= −55.6% APRpaid last 24h +0.012%

Price spread now: RISEx against MEXC−0.036%7-day average +0.007% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$100.103% of the position

Long on MEXC Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.020%+$2 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.036%, 7d avg +0.007%

Together, before fees+0.056%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and RISEx is 0.043% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.007%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.020% in total (about 2.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DRAM_USDT	62.260	0.0508	pay 0.0508% / 8h	5h 24m	$9.2M	$5.6M	100x
Short	RISEx DRAM/USDC	62.238	0	get 0.0000% / 1h	24m 29s	$442K	$506K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$106.68
Price spread: −0.036% → +0.007%: −$4.29
Slippage, 4 orders: −$4.34
Fee MEXC: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$121.31
Costs to cover: 0.103%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; RISEx: live order book, 39 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 MEXC live order book, 3 min ago	0.80 bp	0.8 bp −$1	1.0 bp −$10	6.3 bp −$626	doesn't fit
Sell RISEx live order book, 39 min ago	1.37 bp	4.4 bp −$4	5.6 bp −$56	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	62.238	−0.036%	$442K	$506K	20x
SunX DRAM-USDT	0.0000%	8h	62.230	−0.048%	$894	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.210	−0.080%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.230	−0.048%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	62.224	−0.058%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.210	−0.080%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.190	−0.112%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.230	−0.048%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.218	−0.067%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.160	−0.161%	$1.1M	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.230	−0.048%	$1.0M	$78K	10x	as long as short
Bitget DRAMUSDT	+0.0063%	8h	62.260	0.000%	$26.2M	$13.2M	20x	as long as short
Entropy io:DRAM	+0.0066%	1h	62.183	−0.124%	$251K	$411K	25x	as long as short
edgeX DRAMUSDC	+0.0093%	4h	62.192	−0.110%	$151K	$296K	20x	as long as short
Lighter DRAM	+0.0096%	1h	62.228	−0.051%	$967K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.242	−0.030%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.220	−0.064%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.210	−0.080%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.260	0.000%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.262	+0.003%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0129%	8h	62.222	−0.060%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0153%	8h	62.233	−0.043%	$36K	$158K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0173%	1h	62.241	−0.031%	$81.7M	$36.5M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.353%	$534K	$74K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0188%	8h	62.260	0.000%	$5.5M	$4.4M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.220	−0.064%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0254%	8h	62.270	+0.016%	$9.7M	$10.1M	100x	as long as short
Aster DRAMUSDT	+0.0387%	8h	62.240	−0.032%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0469%	8h	62.222	−0.061%	$2.4M	$717K	—	as long as short
Binance DRAMUSDT	+0.0507%	8h	62.259	−0.002%	$44.7M	$81.5M	50x	as long as short
MEXC DRAM_USDTlong	+0.0508%	8h	62.260	long leg	$9.2M	$5.6M	100x
Extended DRAM-USD	+0.0512%	1h	62.224	−0.058%	$75K	$669K	10x	as long as short
Gate DRAM_USDT	+0.0530%	8h	62.290	+0.048%	$8.1M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0751%	8h	62.230	−0.048%	$302K	$26K	20x	as long as short