Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0382%/8h= +41.8% APRpaid last 24h +0.041%

Price spread now: Binance against Pacifica+0.088%48s7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Binance is 0.088% dearer against Pacifica than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% 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	Pacifica DRAM	62.338	0.0100	pay 0.0013% / 1h	7m 57s	$76K	$44K	10x
Short	Binance DRAMUSDT	62.393	0.0482	get 0.0482% / 8h	5h 07m	$44.9M	$80.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 PacificabpFee BinancebpOrdersPrice spread, now +0.088%Rate

Funding earned: $80.14
Price spread: +0.088% → 0.000%: $8.79
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $70.93
Costs to cover: 0.180%
Break-even: 0.8 days

Slippage unknown: Pacifica: no order-book sample; Binance: live order book, 5 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 Pacifica no order-book sample	—	—	—	—	—
Sell Binance live order book, 5 min ago	0.80 bp	5.8 bp −$6	8.5 bp −$85	34.3 bp −$3,432	doesn't fit

Pacifica: 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	62.386	+0.077%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.380	+0.067%	$845	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	+0.083%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.400	+0.099%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0014%	4h	62.360	+0.034%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	62.339	+0.001%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.350	+0.019%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.330	−0.013%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.359	+0.033%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.385	+0.075%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.300	−0.061%	$1.1M	$2.1M	10x	as long as short
QFEX DRAM-USD	+0.0055%	1h	62.380	+0.067%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0087%	1h	62.330	−0.013%	$246K	$413K	25x	as long as short
Bitget DRAMUSDT	+0.0092%	8h	62.400	+0.099%	$26.3M	$13.2M	20x	as long as short
Lighter DRAM	+0.0096%	1h	62.375	+0.059%	$969K	$1.0M	20x	as long as short
Pacifica DRAMlong	+0.0100%	1h	62.338	long leg	$76K	$44K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	62.370	+0.051%	$3.0M	$389K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.340	+0.003%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.400	+0.099%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.399	+0.097%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0117%	8h	62.373	+0.056%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0131%	8h	62.386	+0.077%	$37K	$162K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0174%	8h	62.390	+0.083%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0175%	1h	62.364	+0.041%	$81.8M	$36.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.479%	$534K	$74K	20x	as long as short
Bybit DRAMUSDT	+0.0242%	8h	62.423	+0.136%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0366%	8h	62.392	+0.086%	$201K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0392%	1h	62.380	+0.067%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0449%	8h	62.353	+0.023%	$2.4M	$717K	—	as long as short
Extended DRAM-USD	+0.0480%	1h	62.375	+0.060%	$76K	$637K	10x	as long as short
Binance DRAMUSDTshort	+0.0482%	8h	62.393	+0.088%	$44.9M	$80.9M	50x
MEXC DRAM_USDT	+0.0484%	8h	62.390	+0.083%	$9.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0559%	8h	62.430	+0.147%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0700%	8h	62.390	+0.083%	$301K	$26K	20x	as long as short