Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0090%/8hpaid last 24h —

Price spread now: QFEX against Paradex+0.025%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 QFEX

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. QFEX is 0.025% dearer against Paradex than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.744	0.0128	pay 0.0128% / 8h	4h 21m	—	—	5x
Short	QFEX DRAM-USD	61.760	0.0038	get 0.0005% / 1h	21m 27s	$1.0M	$62K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$18.87
Price spread: +0.025% → 0.000%: $2.54
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$30.33
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; QFEX: live order book, 6 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 QFEX live order book, 6 min ago	2.43 bp	7.4 bp −$7	7.4 bp −$74	10.4 bp −$1,043	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 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
Aster DRAMUSDT	0.0000%	8h	61.748	+0.006%	$202K	$28K	20x	as long as short
OKX DRAM-USDT-SWAP	0.0000%	8h	61.770	+0.042%	$5.4M	$4.8M	50x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.770	+0.042%	$447K	$426K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.790	+0.074%	$8.2M	$3.4M	75x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.770	+0.042%	$25.9M	$11.9M	20x	as long as short
Variational Omni DRAM	0.0000%	8h	61.695	−0.080%	$2.4M	$990K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.720	−0.039%	$36K	$185K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	−0.056%	$794	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.710	−0.056%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.720	−0.039%	$1.8M	$1.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC DRAM_USDT	+0.0005%	8h	61.770	+0.042%	$11.7M	$6.3M	100x	as long as short
Binance DRAMUSDT	+0.0006%	8h	61.760	+0.025%	$43.5M	$78.6M	50x	as long as short
Extended DRAM-USD	+0.0008%	1h	61.765	+0.034%	$74K	$712K	10x	as long as short
QFEX DRAM-USDshort	+0.0038%	1h	61.760	+0.025%	$1.0M	$62K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	61.690	−0.088%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.749	+0.008%	$194K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.715	−0.047%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.640	−0.169%	$1.2M	$1.7M	10x	as long as short
edgeX DRAMUSDC	+0.0077%	4h	61.716	−0.046%	$153K	$289K	20x	as long as short
Bybit DRAMUSDT	+0.0091%	8h	61.800	+0.090%	$9.1M	$9.7M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.746	+0.003%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.760	+0.025%	$3.0M	$460K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.730	−0.023%	$22K	$179K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.770	+0.042%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.715	−0.047%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0120%	8h	61.710	−0.056%	$299K	$26K	20x	as long as short
Paradex DRAM-USD-PERPlong	+0.0128%	8h	61.744	long leg	—	—	5x
Coinbase International DRAM-PERP-INTX	+0.0144%	1h	61.370	−0.606%	$508K	$41K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0221%	1h	61.698	−0.075%	$1K	$36K	5x	as long as short
tradeXYZ xyz:DRAM	+0.0228%	1h	61.754	+0.016%	$79.7M	$37.5M	20x	as long as short
Lighter DRAM	+0.0280%	1h	61.761	+0.027%	$995K	$1.2M	20x	as long as short
Entropy io:DRAM	+0.0341%	1h	61.706	−0.062%	$244K	$506K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.710	−0.056%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0404%	1h	61.760	+0.025%	$50K	$99K	10x	as long as short