Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: HTX against ApeX Omni+0.033%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on HTX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.033% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	60.910	0.0100	pay 0.0013% / 1h	14m 58s	$21K	$184K	50x
Short	HTX DRAM-USDT	60.930	0	get 0.0000% / 8h	6h 14m	$27K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$21
Price spread: +0.033% → 0.000%: $3.28
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$39.72
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 34 min ago; HTX: 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 ApeX Omni live order book, 34 min ago	27.92 bp	40.0 bp −$40	208.2 bp −$2,082	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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
Bitget DRAMUSDT	−0.0028%	8h	61.060	+0.246%	$26.7M	$16.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.040	+0.213%	$613	$2.4M	10x	as long as short
HTX DRAM-USDTshort	0.0000%	8h	60.930	+0.033%	$27K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	61.030	+0.197%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0005%	4h	60.950	+0.065%	$148K	$300K	20x	as long as short
Bybit DRAMUSDT	+0.0008%	8h	61.060	+0.246%	$9.5M	$10.9M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	60.959	+0.081%	$1K	$28K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.940	+0.049%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0048%	1h	61.010	+0.164%	$994K	$97K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.962	+0.085%	$435K	$1.6M	25x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	61.013	+0.169%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.022	+0.184%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.950	+0.066%	$1.1M	$3.5M	10x	as long as short
Lighter DRAM	+0.0096%	1h	61.017	+0.176%	$1.1M	$1.4M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.040	+0.213%	$73K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.970	+0.099%	$3.0M	$413K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	60.910	long leg	$21K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.020	+0.181%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.017	+0.175%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0105%	8h	61.024	+0.188%	—	—	5x	as long as short
RISEx DRAM/USDC	+0.0107%	1h	61.034	+0.204%	$462K	$369K	20x	as long as short
Gate DRAM_USDT	+0.0132%	8h	61.060	+0.246%	$7.9M	$3.7M	75x	as long as short
OKX DRAM-USDT-SWAP	+0.0140%	8h	61.050	+0.230%	$5.5M	$6.5M	50x	as long as short
Aster DRAMUSDT	+0.0141%	8h	60.958	+0.079%	$195K	$28K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0160%	1h	61.008	+0.161%	$79.3M	$37.2M	20x	as long as short
Variational Omni DRAM	+0.0179%	8h	61.012	+0.167%	$2.2M	$666K	—	as long as short
MEXC DRAM_USDT	+0.0228%	8h	61.040	+0.213%	$8.8M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.029	+0.195%	$99K	$298K	10x	as long as short
Binance DRAMUSDT	+0.0232%	8h	61.047	+0.224%	$44.4M	$94.8M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0242%	1h	61.010	+0.164%	$13K	$3K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0280%	1h	60.850	−0.099%	$533K	$87K	20x	as long as short
Arcus DRAM-USD	+0.0540%	1h	60.990	+0.131%	$60K	$76K	10x	as long as short
BloFin DRAM-USDT	+0.0546%	8h	61.080	+0.279%	$305K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0697%	8h	60.943	+0.054%	$36K	$216K	10x	as long as short