Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0135%/8h= −14.8% APRpaid last 24h
Price spread now: Ondo Perps against Paradex−0.096%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.096% cheaper against Paradex than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex DRAM-USD-PERP62.1700.0185pay 0.0185% / 8h6h 35m5x
ShortOndo Perps DRAM-USD.P62.1100.0050get 0.0006% / 1h35m 34s$1.1M$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$28.35
Price spread: −0.096% → 0.000%
−$9.59
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$46.94
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Ondo Perps no order-book sample
Paradex and Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.180+0.017%$698$2.9M10xas long as short
HTX DRAM-USDT0.0000%8h62.160−0.015%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.180+0.017%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0021%4h62.152−0.028%$150K$296K20xas long as short
Aftermath Perps DRAMUSD+0.0034%1h62.146−0.038%$1K$34K5xas long as short
Arcus DRAM-USD+0.0040%1h62.160−0.015%$50K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.110−0.096%10xas long as short
QFEX DRAM-USD+0.0046%1h62.170+0.001%$1.0M$78K10xas long as short
Entropy io:DRAM+0.0050%1h62.133−0.059%$252K$434K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.156−0.022%$266K$1.3M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX DRAM-USD+0.0050%1h62.164−0.009%$2K$15K20xas long as short
Ondo Perps DRAM-USD.Pshort+0.0050%1h62.110−0.096%$1.1M$1.8M10x
Pacifica DRAM+0.0100%1h62.138−0.051%$76K$43K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.160−0.015%$3.0M$406K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.190+0.033%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.210+0.065%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.203+0.054%$4K10xas long as short
Lighter DRAM+0.0152%1h62.161−0.014%$965K$1.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.130−0.064%$534K$93K20xas long as short
Paradex DRAM-USD-PERPlong+0.0185%8h62.170long leg5x
OKX DRAM-USDT-SWAP+0.0226%8h62.200+0.049%$5.5M$4.7M50xas long as short
tradeXYZ xyz:DRAM+0.0234%1h62.160−0.015%$81.8M$36.9M20xas long as short
Bitget DRAMUSDT+0.0344%8h62.200+0.049%$26.0M$12.8M20xas long as short
Bybit DRAMUSDT+0.0370%8h62.230+0.097%$9.6M$10.1M100xas long as short
Aster DRAMUSDT+0.0474%8h62.198+0.045%$200K$36K20xas long as short
GRVT DRAM_USDT_Perp+0.0518%8h62.189+0.030%$37K$152K10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0555%1h62.160−0.015%$13K$3K20xas long as short
Variational Omni DRAM+0.0564%8h62.175+0.009%$2.4M$758Kas long as short
Gate DRAM_USDT+0.0581%8h62.210+0.065%$8.2M$3.4M75xas long as short
Extended DRAM-USD+0.0600%1h62.178+0.013%$75K$663K10xas long as short
Binance DRAMUSDT+0.0601%8h62.196+0.042%$44.6M$82.2M50xas long as short
MEXC DRAM_USDT+0.0602%8h62.190+0.033%$9.7M$5.9M100xas long as short
RISEx DRAM/USDC+0.0835%1h62.184+0.024%$448K$504K20xas long as short
BloFin DRAM-USDT+0.0951%8h62.380+0.338%$301K$26K20xas long as short