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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.012%
Price spread now: ApeX Omni against RISEx+0.056%54s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$870.872% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.022%−$2 on $10k
Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.056%, 7d avg +0.017%
Together, before fees+0.046%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.038% dearer against RISEx than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DRAM/USDC60.9560get 0.0000% / 1h32m 25s$422K$339K20x
ShortApeX Omni DRAMUSDT60.9900.0100get 0.0013% / 1h32m 25s$21K$184K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against RISEx. 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
$21
Price spread: +0.056% → +0.017%
$3.82
Slippage, 4 orders
−$71.16
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$62.33
Costs to cover
0.872%
Break-even
27.8 days
Slippage from RISEx: live order book, 6 min ago; ApeX Omni: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 6 min ago0.08 bp3.1 bp −$34.3 bp −$43doesn't fitdoesn't fit
Sell ApeX Omni live order book, 4 min ago27.89 bp40.3 bp −$40233.7 bp −$2,337doesn't fitdoesn't fit

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
Bitget DRAMUSDT−0.0738%8h61.000+0.072%$26.4M$15.0M20xas long as short
Aster DRAMUSDT0.0000%8h60.942−0.023%$196K$38K20xas long as short
RISEx DRAM/USDClong0.0000%1h60.956long leg$422K$339K20x
Gate DRAM_USDT0.0000%8h61.020+0.105%$8.0M$3.7M75xas long as short
Variational Omni DRAM0.0000%8h60.953−0.005%$2.3M$580Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.980+0.039%$36K$205K10xas long as short
SunX DRAM-USDT0.0000%8h60.960+0.006%$830$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.960+0.006%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.970+0.023%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0005%8h60.972+0.026%$9.6M$10.4M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0011%8h60.990+0.056%$5.4M$6.0M50xas long as short
Binance DRAMUSDT+0.0028%8h60.911−0.075%$43.7M$88.8M50xas long as short
MEXC DRAM_USDT+0.0031%8h60.920−0.059%$7.7M$5.7M100xas long as short
Extended DRAM-USD+0.0032%1h60.940−0.027%$77K$196K10xas long as short
Aftermath Perps DRAMUSD+0.0036%1h60.963+0.011%$1K$30K5xas long as short
edgeX DRAMUSDC+0.0037%4h60.963+0.012%$148K$298K20xas long as short
Arcus DRAM-USD+0.0040%1h60.950−0.010%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.970+0.023%$993K$84K10xas long as short
BloFin DRAM-USDT+0.0042%8h61.010+0.088%$298K$26K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.960+0.006%10xas long as short
Entropy io:DRAM+0.0050%1h60.935−0.035%$179K$480K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.935−0.035%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.965+0.015%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.920−0.059%$1.1M$3.5M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0078%1h60.960+0.006%$13K$3K20xas long as short
Paradex DRAM-USD-PERP+0.0100%8h60.949−0.012%5xas long as short
Pacifica DRAM+0.0100%1h60.975+0.031%$73K$38K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.940−0.026%$3.0M$422K20xas long as short
ApeX Omni DRAMUSDTshort+0.0100%1h60.990+0.056%$21K$184K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.980+0.039%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.957+0.002%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.940−0.026%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0202%1h60.886−0.115%$78.7M$35.9M20xas long as short
Lighter DRAM+0.0352%1h60.990+0.056%$1.1M$1.2M20xas long as short