Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.3% APRnext payment +$1.04 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against Aster−0.032%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$350.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.032%, 7d avg +0.015%
Together, before fees+0.356%+ Points / potential airdropAster: Stage 5 · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.048% cheaper against Aster than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.015%). If the spread goes back, that is −$5 on $10k: about 37 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.073% in total) that is about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT61.3000.0042pay 0.0042% / 8h1h 55m$197K$35K20x
ShortBinance DRAMUSDT61.2800.0146get 0.0146% / 8h1h 55m$43.9M$87.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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

Funding earned
$21.76
Price spread: −0.032% → +0.015%
−$4.77
Slippage, 4 orders
−$17.26
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$18.27
Costs to cover
0.353%
Break-even
12.9 days
Slippage from Aster: live order book, 51 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 51 min ago3.24 bp13.6 bp −$1437.4 bp −$374doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.81 bp5.8 bp −$68.3 bp −$8334.9 bp −$3,489doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0432%8h61.3000.000%$26.0M$14.5M20xas long as short
RISEx DRAM/USDC0.0000%1h61.285−0.024%$424K$506K20xas long as short
Gate DRAM_USDT0.0000%8h61.330+0.049%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.360+0.098%$36K$199K10xas long as short
SunX DRAM-USDT0.0000%8h61.280−0.032%$617$2.6M10xas long as short
Deribit DRAM_USDC-PERPETUAL0.0000%1h61.280−0.032%$13K$3K20xas long as short
HTX DRAM-USDT0.0000%8h61.240−0.098%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.280−0.032%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0002%8h61.308+0.013%$9.4M$10.3M100xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.330+0.049%$1K$31K5xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0038%8h61.310+0.016%$5.4M$5.7M50xas long as short
QFEX DRAM-USD+0.0039%1h61.3000.000%$999K$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.320+0.033%$48K$69K10xas long as short
Aster DRAMUSDTlong+0.0042%8h61.300long leg$197K$35K20x
Vest DRAM-USD-PERP+0.0046%1h61.290−0.016%10xas long as short
edgeX DRAMUSDC+0.0049%4h61.407+0.174%$149K$297K20xas long as short
Entropy io:DRAM+0.0050%1h61.299−0.001%$169K$471K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.270−0.049%$255K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.285−0.024%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.370+0.114%$1.1M$3.4M10xas long as short
Lighter DRAM+0.0064%1h61.302+0.003%$1.1M$1.1M20xas long as short
tradeXYZ xyz:DRAM+0.0082%1h61.269−0.050%$79.3M$36.2M20xas long as short
Variational Omni DRAM+0.0091%8h61.274−0.042%$2.3M$682Kas long as short
Pacifica DRAM+0.0100%1h61.261−0.063%$73K$46K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.280−0.032%$3.0M$413K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.330+0.049%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.280−0.032%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.280−0.033%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0109%8h61.284−0.025%5xas long as short
Binance DRAMUSDTshort+0.0146%8h61.280−0.032%$43.9M$87.1M50x
MEXC DRAM_USDT+0.0148%8h61.280−0.032%$8.0M$5.6M100xas long as short
Extended DRAM-USD+0.0152%1h61.263−0.061%$74K$190K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0160%1h61.110−0.310%$525K$75K20xas long as short
BloFin DRAM-USDT+0.0163%8h61.400+0.163%$299K$26K20xas long as short