Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0996%/8h= +109.1% APRpaid last 24h +0.051%

Price spread now: RISEx against Orderly−0.016%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on RISEx

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$30 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	62.390	0.0100	pay 0.0100% / 8h	7h 45m	$9K	—	10x
Short	RISEx DRAM/USDC	62.380	0.1096	get 0.0137% / 1h	45m 33s	$455K	$492K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.016%Rate

Funding earned: $209.25
Price spread: −0.016% → 0.000%: −$1.6
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee RISEx: 3 bp × 2 orders: −$6
Net: $195.65
Costs to cover: 0.120%
Break-even: 0.5 days

Slippage unknown: Orderly: no order-book sample; RISEx: live order book, 28 min ago. 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 RISEx live order book, 28 min ago	1.37 bp	4.4 bp −$4	4.9 bp −$49	doesn't fit	doesn't fit

Orderly: 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
SunX DRAM-USDT	0.0000%	8h	62.420	+0.048%	$748	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.380	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.360	−0.048%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0001%	4h	62.288	−0.163%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	62.247	−0.229%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.360	−0.048%	—	—	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.365	−0.040%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.080%	$1.2M	$1.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.340	−0.080%	$13K	$3K	20x	as long as short
Polymarket Perps DRAM-USD	+0.0079%	1h	62.370	−0.032%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DRAM	+0.0100%	1h	62.384	−0.010%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.310	−0.128%	$3.0M	$445K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.080%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythoslong	+0.0100%	8h	62.390	long leg	$9K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	62.381	−0.015%	$4K	—	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.370	−0.032%	$1.0M	$78K	10x	as long as short
Lighter DRAM	+0.0176%	1h	62.383	−0.011%	$979K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.753%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0215%	8h	62.390	0.000%	$5.5M	$4.7M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0222%	8h	62.411	+0.034%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0329%	8h	62.370	−0.032%	$26.3M	$12.8M	20x	as long as short
Aster DRAMUSDT	+0.0351%	8h	62.294	−0.154%	$200K	$36K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0408%	1h	62.374	−0.026%	$81.9M	$39.7M	20x	as long as short
Variational Omni DRAM	+0.0437%	8h	62.395	+0.009%	$2.4M	$766K	—	as long as short
Extended DRAM-USD	+0.0480%	1h	62.367	−0.037%	$75K	$767K	10x	as long as short
MEXC DRAM_USDT	+0.0481%	8h	62.380	−0.016%	$10.1M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0486%	8h	62.390	0.000%	$44.6M	$81.6M	50x	as long as short
Entropy io:DRAM	+0.0519%	1h	62.274	−0.186%	$254K	$476K	25x	as long as short
Bybit DRAMUSDT	+0.0600%	8h	62.430	+0.064%	$9.7M	$10.5M	100x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.330	−0.096%	$51K	$83K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0670%	8h	62.300	−0.144%	$37K	$164K	10x	as long as short
Gate DRAM_USDT	+0.0727%	8h	62.390	0.000%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0832%	8h	62.430	+0.064%	$297K	$26K	20x	as long as short
RISEx DRAM/USDCshort	+0.1096%	1h	62.380	−0.016%	$455K	$492K	20x