Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0531%/8h= −58.1% APRpaid last 24h −0.061%

Price spread now: edgeX against Arcus+0.058%54s7-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 edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.058% dearer against Arcus than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 54 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	62.180	0.0606	pay 0.0076% / 1h	49m 55s	$51K	$84K	10x
Short	edgeX DRAMUSDC	62.216	0.0075	get 0.0038% / 4h	3h 49m	$151K	$295K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$111.46
Price spread: +0.058% → 0.000%: $5.79
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$119.17
Costs to cover: 0.135%
Break-even: never at this rate

Slippage unknown: Arcus: no order-book sample; edgeX: live order book, 23 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 edgeX live order book, 23 min ago	8.08 bp	12.6 bp −$13	19.3 bp −$193	doesn't fit	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
SunX DRAM-USDT	0.0000%	8h	62.190	+0.016%	$870	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.180	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.260	+0.129%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	62.155	−0.040%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.170	−0.016%	—	$201	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.244	+0.103%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.110	−0.113%	$1.2M	$1.7M	10x	as long as short
edgeX DRAMUSDCshort	+0.0075%	4h	62.216	+0.058%	$151K	$295K	20x
Pacifica DRAM	+0.0100%	1h	62.153	−0.043%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.210	+0.048%	$3.0M	$449K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni DRAMUSDT	+0.0100%	1h	62.200	+0.032%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.270	+0.145%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.179	−0.002%	$4K	—	10x	as long as short
Lighter DRAM	+0.0160%	1h	62.262	+0.132%	$962K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.220	+0.064%	$1.0M	$79K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0180%	1h	62.223	+0.069%	$266K	$1.3M	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.418%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0203%	8h	62.310	+0.209%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0216%	8h	62.202	+0.035%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0257%	8h	62.280	+0.161%	$26.3M	$12.8M	20x	as long as short
Aster DRAMUSDT	+0.0330%	8h	62.189	+0.015%	$200K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0393%	1h	62.240	+0.096%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0419%	8h	62.255	+0.121%	$2.4M	$756K	—	as long as short
Entropy io:DRAM	+0.0426%	1h	62.146	−0.055%	$254K	$475K	25x	as long as short
Gate DRAM_USDT	+0.0460%	8h	62.290	+0.177%	$8.3M	$3.4M	75x	as long as short
MEXC DRAM_USDT	+0.0461%	8h	62.290	+0.177%	$10.1M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0464%	1h	62.271	+0.146%	$75K	$767K	10x	as long as short
Binance DRAMUSDT	+0.0464%	8h	62.277	+0.155%	$44.5M	$81.6M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0509%	1h	62.269	+0.143%	$81.6M	$39.4M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0517%	8h	62.213	+0.053%	$37K	$164K	10x	as long as short
Bybit DRAMUSDT	+0.0553%	8h	62.334	+0.248%	$9.6M	$10.5M	100x	as long as short
Arcus DRAM-USDlong	+0.0606%	1h	62.180	long leg	$51K	$84K	10x
BloFin DRAM-USDT	+0.0791%	8h	62.240	+0.096%	$295K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.212	+0.052%	$454K	$478K	20x	as long as short