Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h +0.007%

Price spread now: Orderly against Aftermath Perps+0.119%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.119% dearer against Aftermath Perps than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps DRAMUSD	61.397	0.0030	pay 0.0004% / 1h	51m 01s	$1K	$26K	5x
Short	Orderly PERP_DRAM_USDC_mythos	61.470	0.0100	get 0.0100% / 8h	5h 51m	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aftermath Perps. 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 Aftermath PerpsbpFee OrderlybpOrdersPrice spread, now +0.119%Rate

Funding earned: $14.68
Price spread: +0.119% → 0.000%: $11.91
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $11.58
Costs to cover: 0.150%
Break-even: 1.5 days

Slippage unknown: Aftermath Perps: no order-book sample; 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aftermath Perps and 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 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.500	+0.168%	$9.6M	$11.3M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.480	+0.135%	$26.8M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.480	+0.135%	$876	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.410	+0.021%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.470	+0.119%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSDlong	+0.0030%	1h	61.397	long leg	$1K	$26K	5x
Arcus DRAM-USD	+0.0040%	1h	61.440	+0.070%	$60K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.330	−0.109%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.466	+0.113%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.468	+0.116%	$2K	$15K	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.420	+0.038%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.380	−0.028%	$1.0M	$98K	10x	as long as short
edgeX DRAMUSDC	+0.0070%	4h	61.455	+0.094%	$149K	$299K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0075%	1h	61.470	+0.119%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.468	+0.116%	$74K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.410	+0.021%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.500	+0.168%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythosshort	+0.0100%	8h	61.470	+0.119%	$8K	—	10x
Aevo DRAM-PERP	+0.0104%	1h	61.492	+0.156%	$4K	—	10x	as long as short
Lighter DRAM	+0.0112%	1h	61.468	+0.116%	$1.1M	$1.4M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0121%	1h	61.457	+0.098%	$79.7M	$38.3M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0131%	8h	61.462	+0.105%	—	—	5x	as long as short
Gate DRAM_USDT	+0.0135%	8h	61.500	+0.168%	$8.0M	$3.8M	75x	as long as short
OKX DRAM-USDT-SWAP	+0.0175%	8h	61.490	+0.152%	$5.5M	$6.7M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.330	−0.109%	$537K	$91K	20x	as long as short
Aster DRAMUSDT	+0.0233%	8h	61.380	−0.028%	$196K	$28K	20x	as long as short
Variational Omni DRAM	+0.0250%	8h	61.369	−0.045%	$2.2M	$688K	—	as long as short
MEXC DRAM_USDT	+0.0326%	8h	61.460	+0.103%	$9.0M	$5.4M	100x	as long as short
Extended DRAM-USD	+0.0328%	1h	61.449	+0.086%	$100K	$295K	10x	as long as short
Binance DRAMUSDT	+0.0328%	8h	61.470	+0.119%	$44.6M	$97.7M	50x	as long as short
BloFin DRAM-USDT	+0.0383%	8h	61.490	+0.152%	$305K	$27K	20x	as long as short
Entropy io:DRAM	+0.0573%	1h	61.354	−0.070%	$324K	$1.7M	25x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.477	+0.130%	$462K	$370K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0779%	8h	61.473	+0.124%	$37K	$220K	10x	as long as short