Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.91 per $10,000 · paid last 24h —

Price spread now: Paradex against Aster−0.064%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.064% cheaper against Aster than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.3 days of funding at the current rate (+$3 a day). The two prices were read 49 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	Aster DRAMUSDT	61.202	0	get 0.0000% / 8h	1h 28m	$197K	$35K	20x
Short	Paradex DRAM-USD-PERP	61.162	0.0091	get 0.0091% / 8h	1h 28m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.064%Rate

Funding earned: $19.09
Price spread: −0.064% → 0.000%: −$6.38
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: $0.71
Costs to cover: 0.120%
Break-even: 6.7 days

Slippage unknown: Aster: live order book, 13 min ago; Paradex: no order-book sample. 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 Aster live order book, 13 min ago	2.45 bp	13.9 bp −$14	43.6 bp −$436	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Bitget DRAMUSDT	−0.0580%	8h	61.210	+0.014%	$26.0M	$14.6M	20x	as long as short
Aster DRAMUSDTlong	0.0000%	8h	61.202	long leg	$197K	$35K	20x
Bybit DRAMUSDT	0.0000%	8h	61.209	+0.012%	$9.4M	$10.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.160	−0.069%	$424K	$358K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.220	+0.030%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.160	−0.067%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.170	−0.051%	$796	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.060	−0.231%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.170	−0.051%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0012%	8h	61.180	−0.035%	$5.4M	$5.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps DRAMUSD	+0.0029%	1h	61.130	−0.116%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.170	−0.051%	$996K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.110	−0.150%	$48K	$68K	10x	as long as short
Variational Omni DRAM	+0.0042%	8h	61.134	−0.110%	$2.3M	$682K	—	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.150	−0.084%	—	—	10x	as long as short
edgeX DRAMUSDC	+0.0047%	4h	61.122	−0.130%	$148K	$299K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.115	−0.141%	$169K	$470K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.141	−0.099%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.170	−0.051%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.080	−0.199%	$1.0M	$3.5M	10x	as long as short
BloFin DRAM-USDT	+0.0052%	8h	61.180	−0.035%	$300K	$26K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0083%	1h	61.154	−0.078%	$79.2M	$35.9M	20x	as long as short
Extended DRAM-USD	+0.0088%	1h	61.175	−0.043%	$74K	$189K	10x	as long as short
Paradex DRAM-USD-PERPshort	+0.0091%	8h	61.162	−0.064%	—	—	5x
Binance DRAMUSDT	+0.0092%	8h	61.190	−0.019%	$43.8M	$87.7M	50x	as long as short
MEXC DRAM_USDT	+0.0093%	8h	61.190	−0.019%	$8.0M	$5.6M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.193	−0.013%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.160	−0.068%	$3.0M	$416K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.130	−0.117%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.150	−0.084%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.154	−0.078%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.150%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0192%	1h	61.173	−0.047%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0405%	1h	61.150	−0.084%	$13K	$3K	20x	as long as short