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+0.0134%/8h= +14.7% APRnext payment +$1.34 per $10,000 · paid last 24h +0.021%
Price spread now: Binance against Aster+0.092%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$390.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 2 days (all we have)−0.037%−$4 · spread now +0.092%, 7d avg +0.029%
Together, before fees+0.032%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.062% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT62.1630.0321pay 0.0321% / 8h7h 55m$200K$36K20x
ShortBinance DRAMUSDT62.2200.0454get 0.0454% / 8h7h 55m$44.3M$82.4M50x

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
$28.11
Price spread: +0.092% → +0.029%
$6.23
Slippage, 4 orders
−$21.45
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$5.11
Costs to cover
0.395%
Break-even
8.3 days
Slippage from Aster: live order book, 16 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, 16 min ago3.23 bp16.9 bp −$1742.6 bp −$426doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.81 bp5.8 bp −$68.6 bp −$8640.6 bp −$4,060doesn'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
SunX DRAM-USDT0.0000%8h62.210+0.076%$944$3.1M10xas long as short
HTX DRAM-USDT0.0000%8h62.140−0.037%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.200+0.060%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0037%4h62.079−0.136%$150K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0040%1h62.041−0.196%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.160−0.005%$60110xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.140−0.037%$1.2M$1.8M10xas long as short
Gate DRAM_USDT+0.0071%8h62.200+0.060%$8.3M$3.3M75xas long as short
Pacifica DRAM+0.0100%1h62.154−0.014%$76K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.140−0.037%$3.0M$458K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni DRAMUSDT+0.0100%1h62.130−0.053%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.180+0.027%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.138−0.040%$4K10xas long as short
SoDEX DRAM-USD+0.0129%1h62.193+0.048%$2K$15K20xas long as short
QFEX DRAM-USD+0.0160%1h62.200+0.060%$1.0M$79K10xas long as short
Lighter DRAM+0.0168%1h62.198+0.056%$972K$1.2M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.391%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0196%8h62.180+0.027%$5.4M$4.6M50xas long as short
Bitget DRAMUSDT+0.0211%8h62.210+0.076%$26.3M$12.9M20xas long as short
Paradex DRAM-USD-PERP+0.0219%8h62.203+0.064%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0233%1h62.190+0.043%$13K$3K20xas long as short
GRVT DRAM_USDT_Perp+0.0244%8h62.108−0.088%$37K$164K10xas long as short
Polymarket Perps DRAM-USD+0.0288%1h62.125−0.061%$266K$1.3M10xas long as short
Aster DRAMUSDTlong+0.0321%8h62.163long leg$200K$36K20x
Entropy io:DRAM+0.0358%1h62.097−0.106%$254K$495K25xas long as short
Variational Omni DRAM+0.0410%8h62.157−0.010%$2.4M$904Kas long as short
MEXC DRAM_USDT+0.0453%8h62.210+0.076%$10.5M$6.6M100xas long as short
Binance DRAMUSDTshort+0.0454%8h62.220+0.092%$44.3M$82.4M50x
Extended DRAM-USD+0.0456%1h62.198+0.057%$75K$767K10xas long as short
Bybit DRAMUSDT+0.0597%8h62.288+0.201%$9.5M$10.6M100xas long as short
Arcus DRAM-USD+0.0606%1h62.070−0.150%$51K$86K10xas long as short
tradeXYZ xyz:DRAM+0.0731%1h62.139−0.039%$81.3M$41.4M20xas long as short
BloFin DRAM-USDT+0.0760%8h62.200+0.060%$295K$27K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.215+0.083%$454K$478K20xas long as short