Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0458%/8h= −50.2% APRpaid last 24h −0.028%

Price spread now: SoDEX against Aster+0.030%45s7-day average — · you sell dearer than you buy

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

Long on Aster Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. SoDEX is 0.030% dearer against Aster than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 5 hours. The two prices were read 45 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	62.394	0.0508	pay 0.0508% / 8h	7h 02m	$201K	$36K	20x
Short	SoDEX DRAM-USD	62.413	0.0050	get 0.0006% / 1h	2m 28s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$96.2
Price spread: +0.030% → 0.000%: $3.03
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$109.17
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 4 min ago; SoDEX: 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, 4 min ago	2.40 bp	11.7 bp −$12	38.0 bp −$380	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
SunX DRAM-USDT	0.0000%	8h	62.490	+0.154%	$931	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.450	+0.090%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	+0.025%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.418	+0.038%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.007%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.414	+0.032%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USDshort	+0.0050%	1h	62.413	+0.030%	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.350	−0.071%	$1.2M	$1.9M	10x	as long as short
edgeX DRAMUSDC	+0.0069%	4h	62.481	+0.140%	$151K	$296K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.380	−0.023%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.430	+0.058%	$3.0M	$419K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.400	+0.009%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.450	+0.090%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.449	+0.088%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.428	+0.054%	$970K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.410	+0.025%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.007%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0221%	1h	62.415	+0.034%	$82.2M	$37.6M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.420	+0.042%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0241%	8h	62.428	+0.055%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0247%	8h	62.440	+0.074%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0462%	8h	62.470	+0.122%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDTlong	+0.0508%	8h	62.394	long leg	$201K	$36K	20x
Entropy io:DRAM	+0.0516%	1h	62.383	−0.018%	$255K	$448K	25x	as long as short
Variational Omni DRAM	+0.0585%	8h	62.483	+0.143%	$2.4M	$749K	—	as long as short
Bitget DRAMUSDT	+0.0591%	8h	62.430	+0.058%	$26.1M	$12.8M	20x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.440	+0.074%	$51K	$82K	10x	as long as short
Extended DRAM-USD	+0.0632%	1h	62.424	+0.048%	$76K	$665K	10x	as long as short
MEXC DRAM_USDT	+0.0633%	8h	62.430	+0.058%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0637%	8h	62.431	+0.058%	$44.9M	$81.8M	50x	as long as short
Gate DRAM_USDT	+0.0844%	8h	62.460	+0.106%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0996%	8h	62.480	+0.138%	$298K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.430	+0.058%	$456K	$501K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1102%	8h	62.497	+0.165%	$37K	$152K	10x	as long as short