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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.013%
Price spread now: Aster against ApeX Omni+0.078%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.078%, 7d avg −0.019%
Together, before fees−0.351%+ Points / potential airdropAster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.098% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.019%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.098% in total) that is about 6.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni DRAMUSDT60.8700.0100pay 0.0013% / 1h16m 52s$21K$184K50x
ShortAster DRAMUSDT60.9180get 0.0000% / 8h16m 52s$195K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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
Price spread: +0.078% → −0.019%
$9.76
Slippage, 4 orders
−$84.92
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$114.17
Costs to cover
1.029%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 19 min ago; Aster: live order book, 20 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 ApeX Omni live order book, 19 min ago27.89 bp40.7 bp −$41213.0 bp −$2,130doesn't fitdoesn't fit
Sell Aster live order book, 20 min ago1.64 bp8.5 bp −$99.5 bp −$95doesn'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
Bitget DRAMUSDT−0.0763%8h60.950+0.131%$26.6M$15.2M20xas long as short
Aster DRAMUSDTshort0.0000%8h60.918+0.078%$195K$38K20x
RISEx DRAM/USDC0.0000%1h60.896+0.043%$422K$340K20xas long as short
Gate DRAM_USDT0.0000%8h60.940+0.115%$8.0M$3.8M75xas long as short
Variational Omni DRAM0.0000%8h60.894+0.040%$2.3M$597Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.931+0.100%$36K$207K10xas long as short
SunX DRAM-USDT0.0000%8h60.890+0.033%$707$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.900+0.049%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.880+0.016%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0013%8h60.900+0.049%$5.4M$6.0M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DRAMUSDT+0.0023%8h60.937+0.110%$9.6M$10.4M100xas long as short
Extended DRAM-USD+0.0024%1h60.874+0.007%$74K$201K10xas long as short
MEXC DRAM_USDT+0.0025%8h60.880+0.016%$7.7M$5.7M100xas long as short
Binance DRAMUSDT+0.0025%8h60.890+0.033%$43.8M$89.1M50xas long as short
Aftermath Perps DRAMUSD+0.0039%1h60.903+0.054%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.880+0.016%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.900+0.049%$992K$84K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.890+0.033%10xas long as short
Entropy io:DRAM+0.0050%1h60.847−0.038%$179K$480K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.869−0.002%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.885+0.025%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.880+0.016%$1.1M$3.5M10xas long as short
BloFin DRAM-USDT+0.0057%8h60.920+0.082%$299K$26K20xas long as short
edgeX DRAMUSDC+0.0097%4h60.925+0.090%$148K$299K20xas long as short
Pacifica DRAM+0.0100%1h60.856−0.023%$73K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.890+0.033%$3.0M$421K20xas long as short
ApeX Omni DRAMUSDTlong+0.0100%1h60.870long leg$21K$184K50x
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.880+0.016%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0104%8h60.876+0.009%5xas long as short
Aevo DRAM-PERP+0.0104%1h60.879+0.015%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.940+0.115%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0192%1h60.871+0.002%$78.8M$35.9M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0243%1h60.880+0.016%$13K$3K20xas long as short
Lighter DRAM+0.0368%1h60.913+0.071%$1.1M$1.2M20xas long as short