Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0096%/8h= +10.6% APRpaid last 24h +0.019%

Price spread now: Extended against Aster+0.097%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.097%, 7d avg −0.027%

Together, before fees−0.026%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.124% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	61.370	0.0216	pay 0.0216% / 8h	5h 54m	$196K	$28K	20x
Short	Extended DRAM-USD	61.430	0.0312	get 0.0039% / 1h	54m 05s	$100K	$298K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee AsterbpFee ExtendedbpOrdersPrice spread, now +0.097%Rate

Funding earned: $20.26
Price spread: +0.097% → −0.027%: $12.39
Slippage, 4 orders: −$15.58
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $4.07
Costs to cover: 0.286%
Break-even: 5.6 days

Slippage from Aster: live order book, 55 min ago; Extended: live order book, 55 min ago.

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 Aster live order book, 55 min ago	2.46 bp	13.1 bp −$13	34.0 bp −$340	doesn't fit	doesn't fit
Sell Extended live order book, 55 min ago	0.90 bp	3.7 bp −$4	7.1 bp −$71	doesn't fit	doesn't fit

DRAM on 34 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.470	+0.163%	$9.6M	$11.2M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.470	+0.163%	$26.8M	$16.9M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.450	+0.130%	$731	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.410	+0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.450	+0.130%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0031%	1h	61.342	−0.045%	$1K	$26K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.420	+0.081%	$60K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.380	+0.016%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.434	+0.104%	$256K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.445	+0.122%	$2K	$15K	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.380	+0.016%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.400	+0.049%	$1.0M	$97K	10x	as long as short
edgeX DRAMUSDC	+0.0062%	4h	61.351	−0.030%	$149K	$298K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0076%	1h	61.430	+0.098%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.456	+0.139%	$74K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.390	+0.033%	$3.0M	$417K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.360	−0.016%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.460	+0.147%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.456	+0.140%	$4K	—	10x	as long as short
Lighter DRAM	+0.0128%	1h	61.441	+0.116%	$1.1M	$1.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0131%	8h	61.453	+0.135%	—	—	5x	as long as short
Gate DRAM_USDT	+0.0137%	8h	61.480	+0.179%	$8.0M	$3.7M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0143%	1h	61.437	+0.109%	$79.8M	$38.3M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0172%	8h	61.460	+0.147%	$5.5M	$6.7M	50x	as long as short
Aster DRAMUSDTlong	+0.0216%	8h	61.370	long leg	$196K	$28K	20x
BloFin DRAM-USDT	+0.0225%	8h	61.460	+0.147%	$305K	$27K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.330	−0.065%	$537K	$91K	20x	as long as short
Variational Omni DRAM	+0.0250%	8h	61.369	−0.001%	$2.2M	$688K	—	as long as short
MEXC DRAM_USDT	+0.0307%	8h	61.440	+0.114%	$9.0M	$5.4M	100x	as long as short
Extended DRAM-USDshort	+0.0312%	1h	61.430	+0.097%	$100K	$298K	10x
Binance DRAMUSDT	+0.0314%	8h	61.460	+0.147%	$44.6M	$97.6M	50x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.448	+0.127%	$462K	$370K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0743%	8h	61.387	+0.028%	$36K	$220K	10x	as long as short
Entropy io:DRAM	+0.0760%	1h	61.356	−0.023%	$334K	$1.7M	25x	as long as short