Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0502%/8h= −55.0% APRpaid last 24h −0.056%

Price spread now: SoDEX against MEXC−0.024%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 SoDEX

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 −$15 a day on $10k at the current rate, and SoDEX is 0.024% cheaper against MEXC than usual: you would sell low and buy high (−$2 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	MEXC DRAM_USDT	62.290	0.0552	pay 0.0552% / 8h	5h 49m	$9.6M	$5.5M	100x
Short	SoDEX DRAM-USD	62.275	0.0050	get 0.0006% / 1h	49m 59s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.024%Rate

Funding earned: −$105.42
Price spread: −0.024% → 0.000%: −$2.41
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$115.83
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 3 min ago; SoDEX: 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, 3 min ago	0.80 bp	1.1 bp −$1	2.3 bp −$23	6.9 bp −$690	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 33 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	62.300	+0.016%	$442K	$506K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.280	−0.016%	$683	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.280	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.290	0.000%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.262	−0.044%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.290	0.000%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.250	−0.064%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.264	−0.042%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USDshort	+0.0050%	1h	62.275	−0.024%	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.230	−0.096%	$1.2M	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.280	−0.016%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0058%	4h	62.298	+0.013%	$151K	$297K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.280	−0.016%	$13K	$3K	20x	as long as short
Entropy io:DRAM	+0.0099%	1h	62.248	−0.067%	$253K	$421K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.325	+0.057%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.290	0.000%	$3.0M	$405K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.320	+0.048%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.320	+0.048%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.314	+0.039%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0134%	8h	62.300	+0.016%	$26.2M	$13.2M	20x	as long as short
Lighter DRAM	+0.0136%	1h	62.274	−0.026%	$968K	$1.0M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0148%	8h	62.303	+0.021%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.401%	$534K	$76K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0208%	1h	62.276	−0.022%	$82.2M	$36.9M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0209%	8h	62.310	+0.032%	$5.5M	$4.5M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0238%	8h	62.318	+0.044%	$37K	$155K	10x	as long as short
Bybit DRAMUSDT	+0.0294%	8h	62.330	+0.064%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0430%	8h	62.322	+0.052%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0513%	8h	62.303	+0.021%	$2.4M	$710K	—	as long as short
Gate DRAM_USDT	+0.0531%	8h	62.330	+0.064%	$8.2M	$3.5M	75x	as long as short
Binance DRAMUSDT	+0.0551%	8h	62.300	+0.016%	$44.8M	$81.5M	50x	as long as short
Extended DRAM-USD	+0.0552%	1h	62.283	−0.010%	$75K	$669K	10x	as long as short
MEXC DRAM_USDTlong	+0.0552%	8h	62.290	long leg	$9.6M	$5.5M	100x