Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0163%/8h= +17.8% APRpaid last 24h −0.052%

Price spread now: Aster against Arcus+0.033%46s7-day average — · you sell dearer than you buy

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

Long on Arcus Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.033% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus DRAM-USD	61.350	0.0040	pay 0.0005% / 1h	55m 55s	$60K	$81K	10x
Short	Aster DRAMUSDT	61.370	0.0203	get 0.0203% / 8h	5h 55m	$196K	$28K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Arcus. 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 ArcusbpFee AsterbpOrdersPrice spread, now +0.033%Rate

Funding earned: $34.2
Price spread: +0.033% → 0.000%: $3.26
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aster: 4 bp × 2 orders: −$8
Net: $24.96
Costs to cover: 0.125%
Break-even: 1.9 days

Slippage unknown: Arcus: no order-book sample; Aster: live order book, 53 min ago. 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 Arcus no order-book sample	—	—	—	—	—
Sell Aster live order book, 53 min ago	2.46 bp	8.0 bp −$8	8.9 bp −$89	243.4 bp −$24.3K	doesn't fit

Arcus: 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	61.446	+0.156%	$9.6M	$11.2M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.410	+0.098%	$26.8M	$16.9M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.400	+0.081%	$709	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.310	−0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.400	+0.081%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0031%	1h	61.305	−0.073%	$1K	$27K	5x	as long as short
Arcus DRAM-USDlong	+0.0040%	1h	61.350	long leg	$60K	$81K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	61.370	+0.033%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.372	+0.036%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.393	+0.070%	$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	61.330	−0.033%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.380	+0.049%	$1.0M	$97K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0076%	1h	61.370	+0.033%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0084%	4h	61.344	−0.009%	$149K	$300K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.400	+0.081%	$74K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.350	0.000%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.360	+0.016%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.390	+0.065%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.382	+0.052%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0132%	8h	61.390	+0.066%	—	—	5x	as long as short
Gate DRAM_USDT	+0.0133%	8h	61.430	+0.130%	$8.0M	$3.7M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0145%	1h	61.379	+0.047%	$79.7M	$38.3M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0169%	8h	61.420	+0.114%	$5.5M	$6.7M	50x	as long as short
Lighter DRAM	+0.0176%	1h	61.390	+0.065%	$1.1M	$1.4M	20x	as long as short
Aster DRAMUSDTshort	+0.0203%	8h	61.370	+0.033%	$196K	$28K	20x
Variational Omni DRAM	+0.0227%	8h	61.361	+0.017%	$2.2M	$688K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.330	−0.033%	$537K	$91K	20x	as long as short
MEXC DRAM_USDT	+0.0297%	8h	61.400	+0.081%	$9.0M	$5.4M	100x	as long as short
Extended DRAM-USD	+0.0304%	1h	61.375	+0.041%	$100K	$298K	10x	as long as short
Binance DRAMUSDT	+0.0305%	8h	61.416	+0.107%	$44.6M	$97.3M	50x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.379	+0.046%	$461K	$370K	20x	as long as short
BloFin DRAM-USDT	+0.0665%	8h	61.390	+0.065%	$305K	$27K	20x	as long as short
Entropy io:DRAM	+0.0721%	1h	61.334	−0.026%	$335K	$1.7M	25x	as long as short
GRVT DRAM_USDT_Perp	+0.0732%	8h	61.370	+0.033%	$37K	$219K	10x	as long as short