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+0.0512%/8h= +56.1% APRnext payment +$5.12 per $10,000 · paid last 24h +0.055%
Price spread now: BloFin against Aster+0.234%62s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.460% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 3 days (all we have)−0.219%−$22 · spread now +0.234%, 7d avg +0.007%
Together, before fees−0.148%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BloFin is 0.227% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.12 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT62.4040.0410pay 0.0410% / 8h7h 26m$201K$36K20x
ShortBloFin DRAM-USDT62.5500.0922get 0.0922% / 8h7h 26m$299K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$107.61
Price spread: +0.234% → +0.007%
$22.73
Slippage, 4 orders
−$26.01
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$84.33
Costs to cover
0.460%
Break-even
1.5 days
Slippage from Aster: live order book, 45 min ago; BloFin: live order book, 41 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, 45 min ago3.23 bp16.9 bp −$1742.6 bp −$426doesn't fitdoesn't fit
Sell BloFin live order book, 41 min ago0.81 bp10.2 bp −$1016.2 bp −$16262.0 bp −$6,196doesn'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%8h62.570+0.266%$1K$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.430+0.042%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.560+0.250%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0027%4h62.341−0.101%$151K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0037%1h62.392−0.019%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.460+0.090%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.491+0.139%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.535+0.210%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.450+0.074%$1.1M$1.9M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0070%1h62.520+0.186%$13K$3K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DRAM+0.0100%1h62.477+0.117%$76K$41K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.440+0.058%$3.0M$431K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.390−0.022%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.540+0.218%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.522+0.190%$4K10xas long as short
Lighter DRAM+0.0120%1h62.545+0.226%$972K$1.3M20xas long as short
QFEX DRAM-USD+0.0160%1h62.500+0.154%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.390−0.022%$540K$96K20xas long as short
Paradex DRAM-USD-PERP+0.0214%8h62.533+0.206%5xas long as short
OKX DRAM-USDT-SWAP+0.0233%8h62.570+0.266%$5.5M$4.7M50xas long as short
tradeXYZ xyz:DRAM+0.0250%1h62.503+0.159%$82.1M$39.6M20xas long as short
Aster DRAMUSDTlong+0.0410%8h62.404long leg$201K$36K20x
Bybit DRAMUSDT+0.0473%8h62.596+0.308%$9.6M$10.5M100xas long as short
Bitget DRAMUSDT+0.0480%8h62.540+0.218%$26.2M$12.9M20xas long as short
Variational Omni DRAM+0.0508%8h62.525+0.193%$2.4M$750Kas long as short
Entropy io:DRAM+0.0523%1h62.373−0.050%$254K$463K25xas long as short
MEXC DRAM_USDT+0.0537%8h62.540+0.218%$9.8M$6.7M100xas long as short
Binance DRAMUSDT+0.0544%8h62.545+0.226%$44.7M$81.9M50xas long as short
Extended DRAM-USD+0.0544%1h62.519+0.184%$76K$769K10xas long as short
Arcus DRAM-USD+0.0606%1h62.410+0.010%$51K$81K10xas long as short
Gate DRAM_USDT+0.0757%8h62.530+0.202%$8.3M$3.4M75xas long as short
GRVT DRAM_USDT_Perp+0.0771%8h62.312−0.147%$37K$157K10xas long as short
BloFin DRAM-USDTshort+0.0922%8h62.550+0.234%$299K$26K20x
RISEx DRAM/USDC+0.1096%1h62.508+0.167%$462K$495K20xas long as short