Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0735%/8h= −80.5% APRpaid last 24h −0.051%

Price spread now: Orderly against RISEx0.000%7-day average — · you sell dearer than you buy

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

Long on RISEx Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$22 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	62.320	0.0835	pay 0.0104% / 1h	57m 16s	$455K	$501K	20x
Short	Orderly PERP_DRAM_USDC_mythos	62.320	0.0100	get 0.0100% / 8h	6h 57m	$9K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee RISExbpFee OrderlybpOrdersPrice spread, now 0.000%Rate

Funding earned: −$154.34
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$166.34
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 11 min ago; 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 RISEx live order book, 11 min ago	1.36 bp	4.4 bp −$4	5.6 bp −$56	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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 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
SunX DRAM-USDT	0.0000%	8h	62.290	−0.048%	$780	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.440	+0.193%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.300	−0.032%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.361	+0.066%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.370	+0.080%	$51K	$83K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.280	−0.064%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.290	−0.048%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.333	+0.021%	$254K	$449K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.297	−0.037%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.295	−0.040%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.250	−0.112%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0056%	4h	62.408	+0.142%	$151K	$295K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.304	−0.026%	$76K	$42K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.320	0.000%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.400	+0.128%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythosshort	+0.0100%	8h	62.320	0.000%	$9K	—	10x
Lighter DRAM	+0.0104%	1h	62.319	−0.002%	$968K	$1.0M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.326	+0.009%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.390	+0.112%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0188%	1h	62.290	−0.048%	$82.0M	$37.7M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0224%	8h	62.313	−0.011%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.280	−0.064%	$13K	$3K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0241%	8h	62.320	0.000%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0426%	8h	62.348	+0.045%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0508%	8h	62.359	+0.062%	$201K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0567%	8h	62.310	−0.016%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0600%	8h	62.414	+0.151%	$2.4M	$751K	—	as long as short
Binance DRAMUSDT	+0.0636%	8h	62.310	−0.016%	$44.9M	$82.2M	50x	as long as short
MEXC DRAM_USDT	+0.0637%	8h	62.310	−0.016%	$9.7M	$5.9M	100x	as long as short
Extended DRAM-USD	+0.0640%	1h	62.290	−0.049%	$76K	$665K	10x	as long as short
Gate DRAM_USDT	+0.0784%	8h	62.340	+0.032%	$8.2M	$3.3M	75x	as long as short
RISEx DRAM/USDClong	+0.0835%	1h	62.320	long leg	$455K	$501K	20x
BloFin DRAM-USDT	+0.0988%	8h	62.400	+0.128%	$300K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1010%	8h	62.440	+0.193%	$37K	$152K	10x	as long as short