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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: Phemex against Aevo+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo DRAM-PERP61.4100.0104pay 0.0013% / 1h5m 11s$4K10x
ShortPhemex DRAMUSDT61.4200get 0.0000% / 8h2h 05m$1.7M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against Aevo. 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
−$21.84
Price spread: +0.017% → 0.000%
$1.7
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$48.14
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Phemex live order book, 3 min ago1.63 bp51.9 bp −$52doesn't fitdoesn't fitdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0478%8h61.440+0.050%$26.1M$14.4M20xas long as short
RISEx DRAM/USDC0.0000%1h61.429+0.031%$425K$506K20xas long as short
Gate DRAM_USDT0.0000%8h61.470+0.098%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.462+0.085%$36K$196K10xas long as short
SunX DRAM-USDT0.0000%8h61.440+0.050%$847$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.310−0.162%$27K$3K20xas long as short
Phemex DRAMUSDTshort0.0000%8h61.420+0.017%$1.7M$1.3M10x
Bybit DRAMUSDT+0.0016%8h61.450+0.066%$9.4M$10.2M100xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.345−0.106%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.380−0.048%$48K$69K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h61.420+0.017%10xas long as short
OKX DRAM-USDT-SWAP+0.0046%8h61.440+0.050%$5.5M$5.7M50xas long as short
QFEX DRAM-USD+0.0050%1h61.430+0.033%$1.0M$84K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.412+0.004%$255K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.415+0.009%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.390−0.032%$1.1M$3.4M10xas long as short
Aster DRAMUSDT+0.0063%8h61.457+0.077%$198K$35K20xas long as short
edgeX DRAMUSDC+0.0073%4h61.428+0.030%$149K$298K20xas long as short
Entropy io:DRAM+0.0082%1h61.368−0.068%$169K$470K25xas long as short
Pacifica DRAM+0.0100%1h61.395−0.023%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.410+0.001%$3.0M$411K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.490+0.131%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.430+0.033%$8K10xas long as short
Aevo DRAM-PERPlong+0.0104%1h61.410long leg$4K10x
Variational Omni DRAM+0.0106%8h61.444+0.056%$2.3M$669Kas long as short
Paradex DRAM-USD-PERP+0.0122%8h61.426+0.026%5xas long as short
tradeXYZ xyz:DRAM+0.0147%1h61.409−0.001%$79.5M$36.1M20xas long as short
Binance DRAMUSDT+0.0168%8h61.420+0.017%$44.0M$87.0M50xas long as short
Extended DRAM-USD+0.0168%1h61.406−0.006%$76K$188K10xas long as short
MEXC DRAM_USDT+0.0170%8h61.420+0.017%$8.1M$5.7M100xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.110−0.488%$525K$75K20xas long as short
BloFin DRAM-USDT+0.0191%8h61.470+0.098%$298K$26K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0239%1h61.420+0.017%$13K$3K20xas long as short
Lighter DRAM+0.0240%1h61.432+0.037%$1.1M$1.2M20xas long as short