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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.1096%/8h= −120.0% APRpaid last 24h −0.065%
Price spread now: edgeX against RISEx−0.172%55s7-day average −0.010% · you buy dearer than you sell
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−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.054%−$5 on $10k
Price spread, last 3 days (all we have)+0.160%+$16 · spread now −0.172%, 7d avg −0.010%
Together, before fees+0.106%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and edgeX is 0.162% cheaper against RISEx than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.054% in total (about -5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DRAM/USDC62.3960.1096pay 0.0137% / 1h46m 00s$455K$492K20x
ShortedgeX DRAMUSDC62.2880.0001get 0.0000% / 4h3h 46m$151K$296K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$230.09
Price spread: −0.172% → −0.010%
−$16.19
Slippage, 4 orders
−$19.19
Fee RISEx: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$280.47
Costs to cover
0.342%
Break-even
never at this rate
Slippage from RISEx: live order book, 27 min ago; edgeX: live order book, 27 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, 27 min ago1.37 bp4.4 bp −$45.4 bp −$54doesn't fitdoesn't fit
Sell edgeX live order book, 27 min ago8.08 bp12.6 bp −$1319.3 bp −$193doesn'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
SunX DRAM-USDT0.0000%8h62.420+0.038%$748$3.1M10xas long as short
HTX DRAM-USDT0.0000%8h62.380−0.026%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.360−0.058%$1.8M$1.3M10xas long as short
edgeX DRAMUSDCshort+0.0001%4h62.288−0.172%$151K$296K20x
Aftermath Perps DRAMUSD+0.0037%1h62.247−0.239%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.350−0.074%10xas long as short
SoDEX DRAM-USD+0.0050%1h62.365−0.050%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.340−0.090%$1.2M$1.7M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0071%1h62.340−0.090%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h62.434+0.061%$76K$40K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.290−0.170%$3.0M$447K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.240−0.250%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.390−0.010%$9K10xas long as short
Polymarket Perps DRAM-USD+0.0101%1h62.350−0.074%$267K$1.3M10xas long as short
Aevo DRAM-PERP+0.0104%1h62.381−0.025%$4K10xas long as short
QFEX DRAM-USD+0.0160%1h62.390−0.010%$1.0M$78K10xas long as short
Lighter DRAM+0.0176%1h62.369−0.043%$979K$1.2M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.763%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0215%8h62.410+0.022%$5.5M$4.7M50xas long as short
Paradex DRAM-USD-PERP+0.0222%8h62.429+0.053%5xas long as short
Bitget DRAMUSDT+0.0314%8h62.370−0.042%$26.3M$12.8M20xas long as short
Aster DRAMUSDT+0.0351%8h62.271−0.201%$200K$36K20xas long as short
tradeXYZ xyz:DRAM+0.0427%1h62.350−0.074%$81.9M$39.6M20xas long as short
Variational Omni DRAM+0.0437%8h62.395−0.001%$2.4M$766Kas long as short
MEXC DRAM_USDT+0.0476%8h62.350−0.074%$10.1M$6.7M100xas long as short
Extended DRAM-USD+0.0480%1h62.367−0.047%$75K$767K10xas long as short
Binance DRAMUSDT+0.0482%8h62.391−0.008%$44.6M$81.5M50xas long as short
Entropy io:DRAM+0.0508%1h62.279−0.188%$254K$475K25xas long as short
Arcus DRAM-USD+0.0606%1h62.320−0.122%$51K$83K10xas long as short
Bybit DRAMUSDT+0.0628%8h62.440+0.071%$9.7M$10.5M100xas long as short
GRVT DRAM_USDT_Perp+0.0670%8h62.300−0.154%$37K$164K10xas long as short
Gate DRAM_USDT+0.0778%8h62.400+0.006%$8.3M$3.4M75xas long as short
BloFin DRAM-USDT+0.0832%8h62.430+0.054%$297K$26K20xas long as short
RISEx DRAM/USDClong+0.1096%1h62.396long leg$455K$492K20x