Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h —

Price spread now: Orderly against Paradex+0.035%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Orderly

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

The price spread pays, funding is against you. Orderly is 0.035% dearer against Paradex than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.319	0.0123	pay 0.0123% / 8h	5h 45m	—	—	5x
Short	Orderly PERP_DRAM_USDC_mythos	61.340	0.0100	get 0.0100% / 8h	5h 45m	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.035%Rate

Funding earned: −$4.85
Price spread: +0.035% → 0.000%: $3.46
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$11.39
Costs to cover: 0.100%
Break-even: never at this rate

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

Paradex and 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 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	61.358	+0.064%	$9.5M	$11.3M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.340	+0.035%	$26.9M	$17.2M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.360	+0.067%	$836	$2.4M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.340	+0.035%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.330	+0.018%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.360	+0.067%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.361	+0.068%	$1K	$26K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.290	−0.047%	$59K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.290	−0.047%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.318	−0.001%	$255K	$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	61.358	+0.064%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.260	−0.096%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.320	+0.002%	$1.0M	$98K	10x	as long as short
edgeX DRAMUSDC	+0.0065%	4h	61.402	+0.135%	$149K	$300K	20x	as long as short
Lighter DRAM	+0.0096%	1h	61.321	+0.004%	$1.1M	$1.4M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.312	−0.011%	$73K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.330	+0.018%	$3.0M	$420K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.420	+0.165%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythosshort	+0.0100%	8h	61.340	+0.035%	$8K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	61.342	+0.037%	$4K	—	10x	as long as short
Gate DRAM_USDT	+0.0117%	8h	61.370	+0.084%	$8.0M	$3.8M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0123%	1h	61.307	−0.019%	$79.5M	$38.6M	20x	as long as short
Paradex DRAM-USD-PERPlong	+0.0123%	8h	61.319	long leg	—	—	5x
OKX DRAM-USDT-SWAP	+0.0173%	8h	61.340	+0.035%	$5.5M	$6.7M	50x	as long as short
Aster DRAMUSDT	+0.0228%	8h	61.360	+0.068%	$196K	$28K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.330	+0.018%	$537K	$91K	20x	as long as short
Variational Omni DRAM	+0.0269%	8h	61.359	+0.066%	$2.2M	$689K	—	as long as short
Binance DRAMUSDT	+0.0325%	8h	61.339	+0.032%	$44.6M	$98.2M	50x	as long as short
Extended DRAM-USD	+0.0328%	1h	61.320	+0.001%	$100K	$295K	10x	as long as short
MEXC DRAM_USDT	+0.0328%	8h	61.330	+0.018%	$9.0M	$5.4M	100x	as long as short
BloFin DRAM-USDT	+0.0490%	8h	61.440	+0.198%	$305K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.342	+0.037%	$461K	$369K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0731%	8h	61.425	+0.173%	$36K	$222K	10x	as long as short
Entropy io:DRAM	+0.0849%	1h	61.338	+0.031%	$321K	$1.7M	25x	as long as short