Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0020%/8h= −2.1% APRpaid last 24h +0.041%

Price spread now: Binance against ApeX Omni+0.065%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$980.976% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.065%, 7d avg −0.023%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.088% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.023%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	61.130	0.0100	pay 0.0013% / 1h	23m 15s	$21K	$184K	50x
Short	Binance DRAMUSDT	61.170	0.0080	get 0.0080% / 8h	1h 23m	$43.7M	$87.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now +0.065%Rate

Funding earned: −$4.11
Price spread: +0.065% → −0.023%: $8.81
Slippage, 4 orders: −$77.6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$92.9
Costs to cover: 0.976%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 18 min ago; Binance: live order book, 4 min ago.

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 ApeX Omni live order book, 18 min ago	26.98 bp	40.6 bp −$41	220.2 bp −$2,202	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.82 bp	6.6 bp −$7	9.4 bp −$94	43.7 bp −$4,370	doesn't fit

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
Bitget DRAMUSDT	−0.0583%	8h	61.200	+0.115%	$26.1M	$14.6M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.184	+0.089%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.207	+0.126%	$9.4M	$10.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.156	+0.042%	$424K	$353K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.220	+0.147%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.158	+0.045%	$36K	$202K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.190	+0.098%	$680	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.160	+0.049%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.180	+0.082%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0004%	8h	61.190	+0.098%	$5.4M	$5.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin DRAM-USDT	+0.0016%	8h	61.200	+0.115%	$299K	$26K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.151	+0.034%	$1K	$30K	5x	as long as short
Variational Omni DRAM	+0.0031%	8h	61.164	+0.056%	$2.3M	$682K	—	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.160	+0.049%	$996K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.140	+0.016%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.150	+0.033%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.131	+0.002%	$180K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.138	+0.013%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.169	+0.064%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.140	+0.016%	$1.1M	$3.5M	10x	as long as short
Extended DRAM-USD	+0.0080%	1h	61.163	+0.054%	$74K	$189K	10x	as long as short
Binance DRAMUSDTshort	+0.0080%	8h	61.170	+0.065%	$43.7M	$87.8M	50x
MEXC DRAM_USDT	+0.0082%	8h	61.160	+0.049%	$8.0M	$5.6M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0084%	1h	61.137	+0.011%	$79.2M	$35.8M	20x	as long as short
edgeX DRAMUSDC	+0.0086%	4h	61.140	+0.017%	$148K	$297K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0088%	8h	61.164	+0.056%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.188	+0.095%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.150	+0.033%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.130	long leg	$21K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.160	+0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.156	+0.042%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.033%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.172	+0.069%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0405%	1h	61.150	+0.033%	$13K	$3K	20x	as long as short