Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h −0.033%

Price spread now: Bybit against Arcus+0.099%7-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 Bybit

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 +$6 a day on $10k at the current rate, and Bybit is 0.099% dearer against Arcus than usual: you sell high and buy low: +$10 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	Arcus DRAM-USD	62.350	0.0040	pay 0.0005% / 1h	7m 35s	$51K	$80K	10x
Short	Bybit DRAMUSDT	62.412	0.0243	get 0.0243% / 8h	5h 07m	$9.7M	$10.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.099%Rate

Funding earned: $42.55
Price spread: +0.099% → 0.000%: $9.94
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $36.99
Costs to cover: 0.155%
Break-even: 0.9 days

Slippage unknown: Arcus: no order-book sample; Bybit: live order book, 6 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 Bybit live order book, 6 min ago	0.80 bp	7.5 bp −$8	10.9 bp −$109	131.7 bp −$13.2K	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 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
RISEx DRAM/USDC	0.0000%	1h	62.376	+0.041%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.380	+0.048%	$845	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	+0.064%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.400	+0.080%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	62.339	−0.018%	$1K	$33K	5x	as long as short
Arcus DRAM-USDlong	+0.0040%	1h	62.350	long leg	$51K	$80K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	62.330	−0.032%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.352	+0.003%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.385	+0.056%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.300	−0.080%	$1.1M	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.370	+0.032%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0088%	1h	62.333	−0.027%	$246K	$413K	25x	as long as short
Bitget DRAMUSDT	+0.0095%	8h	62.400	+0.080%	$26.3M	$13.2M	20x	as long as short
Lighter DRAM	+0.0096%	1h	62.375	+0.040%	$969K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0099%	4h	62.365	+0.024%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.334	−0.026%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.370	+0.032%	$3.0M	$389K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.330	−0.032%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.400	+0.080%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.399	+0.079%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0117%	8h	62.378	+0.044%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0126%	8h	62.387	+0.060%	$36K	$162K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0174%	8h	62.390	+0.064%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0175%	1h	62.366	+0.026%	$81.8M	$36.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.497%	$534K	$74K	20x	as long as short
Bybit DRAMUSDTshort	+0.0243%	8h	62.412	+0.099%	$9.7M	$10.0M	100x
Aster DRAMUSDT	+0.0363%	8h	62.390	+0.064%	$201K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0392%	1h	62.380	+0.048%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0449%	8h	62.353	+0.005%	$2.4M	$717K	—	as long as short
Extended DRAM-USD	+0.0480%	1h	62.367	+0.027%	$76K	$637K	10x	as long as short
Binance DRAMUSDT	+0.0481%	8h	62.386	+0.058%	$44.9M	$80.9M	50x	as long as short
MEXC DRAM_USDT	+0.0481%	8h	62.380	+0.048%	$9.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0559%	8h	62.430	+0.128%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0700%	8h	62.390	+0.064%	$301K	$26K	20x	as long as short