Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h —

Price spread now: Paradex against SoDEX−0.022%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Paradex

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

Funding pays, the price is against you. Paradex is 0.022% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2.2 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX DRAM-USD	62.425	0.0050	pay 0.0006% / 1h	10m 47s	$2K	$15K	20x
Short	Paradex DRAM-USD-PERP	62.411	0.0084	get 0.0084% / 8h	4h 10m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against SoDEX. 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 SoDEXbpFee ParadexbpOrdersPrice spread, now −0.022%Rate

Funding earned: $7.11
Price spread: −0.022% → 0.000%: −$2.2
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$7.08
Costs to cover: 0.120%
Break-even: 14.0 days

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

SoDEX and 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
RISEx DRAM/USDC	0.0000%	1h	62.422	−0.004%	$441K	$502K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.430	+0.008%	$1K	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.040%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.440	+0.024%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0003%	8h	62.405	−0.033%	$36K	$174K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.402	−0.036%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.436	+0.018%	$1.0M	$1.1M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.400	−0.040%	$49K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	−0.088%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.397	−0.045%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USDlong	+0.0050%	1h	62.425	long leg	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.370	−0.088%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.410	−0.024%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	62.390	−0.057%	$151K	$299K	20x	as long as short
Bitget DRAMUSDT	+0.0073%	8h	62.450	+0.040%	$26.2M	$13.4M	20x	as long as short
Paradex DRAM-USD-PERPshort	+0.0084%	8h	62.411	−0.022%	—	—	5x
tradeXYZ xyz:DRAM	+0.0089%	1h	62.427	+0.003%	$81.8M	$35.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0099%	8h	62.450	+0.040%	$5.5M	$4.5M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	62.382	−0.068%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.430	+0.008%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.024%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.024%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.440	+0.024%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0133%	8h	62.470	+0.072%	$9.7M	$9.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.152%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0155%	1h	62.410	−0.024%	$183K	$441K	25x	as long as short
Aster DRAMUSDT	+0.0247%	8h	62.425	0.000%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0318%	8h	62.423	−0.002%	$2.4M	$747K	—	as long as short
Extended DRAM-USD	+0.0360%	1h	62.433	+0.012%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0362%	8h	62.450	+0.040%	$44.9M	$80.1M	50x	as long as short
MEXC DRAM_USDT	+0.0365%	8h	62.440	+0.024%	$8.9M	$5.5M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.410	−0.024%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0397%	8h	62.460	+0.056%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0635%	8h	62.470	+0.072%	$8.2M	$3.5M	75x	as long as short