Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.053%

Price spread now: Arcus against Orderly0.000%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Arcus

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_DRAM_USDC_mythos	61.780	0.0100	pay 0.0100% / 8h	3h 18m	$8K	—	10x
Short	Arcus DRAM-USD	61.780	0.0040	get 0.0005% / 1h	18m 32s	$48K	$77K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Orderly. 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 OrderlybpFee ArcusbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$12.54
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$23.04
Costs to cover: 0.105%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Arcus: 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 Orderly no order-book sample	—	—	—	—	—
Sell Arcus no order-book sample	—	—	—	—	—

Orderly and Arcus: 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	61.722	−0.095%	$434K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.750	−0.049%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.162%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.760	−0.032%	$586	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.780	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.780	0.000%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.788	+0.013%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.730	−0.081%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	61.780	0.000%	$48K	$77K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	61.730	−0.081%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.757	−0.037%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.706	−0.120%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.770	−0.016%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.660	−0.194%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0059%	8h	61.740	−0.065%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.160%	$150K	$298K	20x	as long as short
Bybit DRAMUSDT	+0.0071%	8h	61.733	−0.076%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.740	−0.064%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.720	−0.097%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.880	+0.162%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythoslong	+0.0100%	8h	61.780	long leg	$8K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	61.771	−0.014%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.534%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0108%	8h	61.730	−0.081%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0129%	1h	61.719	−0.099%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0145%	8h	61.732	−0.077%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0192%	1h	61.739	−0.066%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.169%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0236%	1h	61.750	−0.049%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0242%	8h	61.780	0.000%	$299K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0259%	8h	61.726	−0.088%	$44.3M	$81.6M	50x	as long as short
MEXC DRAM_USDT	+0.0260%	8h	61.710	−0.113%	$8.2M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0264%	1h	61.703	−0.125%	$75K	$239K	10x	as long as short
Gate DRAM_USDT	+0.0403%	8h	61.770	−0.016%	$8.1M	$3.6M	75x	as long as short