Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h —

Price spread now: ApeX Omni against Paradex−0.052%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and ApeX Omni is 0.052% cheaper against Paradex than usual: you would sell low and buy high (−$5 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	Paradex DRAM-USD-PERP	61.112	0.0109	pay 0.0109% / 8h	6h 09m	—	—	5x
Short	ApeX Omni DRAMUSDT	61.080	0.0100	get 0.0013% / 1h	9m 31s	$21K	$185K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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 ParadexbpFee ApeX OmnibpOrdersPrice spread, now −0.052%Rate

Funding earned: −$1.98
Price spread: −0.052% → 0.000%: −$5.2
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$21.17
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 39 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 Paradex no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 39 min ago	27.92 bp	39.2 bp −$39	208.3 bp −$2,083	doesn't fit	doesn't fit

Paradex: 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 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.144	+0.053%	$9.5M	$11.0M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.130	+0.030%	$26.6M	$16.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.120	+0.013%	$914	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.050	−0.101%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.120	+0.013%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	61.015	−0.159%	$1K	$28K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.110	−0.003%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0048%	1h	61.120	+0.013%	$997K	$97K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.102	−0.016%	$385K	$1.6M	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.100	−0.019%	$254K	$1.3M	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	61.113	+0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.050	−0.101%	$1.1M	$3.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.100	−0.019%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0080%	4h	61.103	−0.015%	$148K	$299K	20x	as long as short
Lighter DRAM	+0.0096%	1h	61.115	+0.005%	$1.1M	$1.4M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.073	−0.063%	$73K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.080	−0.052%	$3.0M	$415K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.080	−0.052%	$21K	$185K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.130	+0.030%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.122	+0.017%	$4K	—	10x	as long as short
RISEx DRAM/USDC	+0.0107%	1h	61.123	+0.019%	$462K	$369K	20x	as long as short
Paradex DRAM-USD-PERPlong	+0.0109%	8h	61.112	long leg	—	—	5x
Gate DRAM_USDT	+0.0114%	8h	61.140	+0.046%	$8.0M	$3.7M	75x	as long as short
OKX DRAM-USDT-SWAP	+0.0143%	8h	61.130	+0.030%	$5.5M	$6.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0152%	1h	61.100	−0.019%	$79.4M	$37.1M	20x	as long as short
Aster DRAMUSDT	+0.0153%	8h	61.090	−0.035%	$195K	$28K	20x	as long as short
Variational Omni DRAM	+0.0192%	8h	61.111	−0.001%	$2.2M	$668K	—	as long as short
MEXC DRAM_USDT	+0.0246%	8h	61.110	−0.003%	$8.8M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0246%	8h	61.125	+0.022%	$44.4M	$95.0M	50x	as long as short
Extended DRAM-USD	+0.0248%	1h	61.100	−0.020%	$99K	$298K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0280%	1h	60.850	−0.428%	$533K	$87K	20x	as long as short
Arcus DRAM-USD	+0.0540%	1h	61.070	−0.068%	$60K	$76K	10x	as long as short
BloFin DRAM-USDT	+0.0566%	8h	61.110	−0.003%	$305K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0693%	8h	61.131	+0.032%	$36K	$217K	10x	as long as short