Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.006%

Price spread now: Extended against Binance−0.048%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$200.195% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)−0.132%−$13 · spread now −0.048%, 7d avg −0.042%

Together, before fees−0.115%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DRAMUSDT	61.310	0.0279	pay 0.0279% / 8h	5h 05m	$44.4M	$98.9M	50x
Short	Extended DRAM-USD	61.280	0.0280	get 0.0035% / 1h	5m 35s	$98K	$293K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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 BinancebpFee ExtendedbpOrdersPrice spread, now −0.048%Rate

Funding earned: $0.2
Price spread: −0.048% → −0.042%: −$0.65
Slippage, 4 orders: −$4.55
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$20
Costs to cover: 0.195%
Break-even: 701.4 days

Slippage from Binance: live order book, 15 min ago; Extended: live order book, 40 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 Binance live order book, 15 min ago	0.82 bp	5.8 bp −$6	7.7 bp −$77	35.0 bp −$3,496	doesn't fit
Sell Extended live order book, 40 min ago	0.82 bp	3.6 bp −$4	6.5 bp −$65	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	61.340	+0.049%	$9.6M	$11.2M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.320	+0.016%	$26.8M	$17.2M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.320	+0.016%	$579	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.290	−0.033%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.320	+0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.283	−0.045%	$1K	$26K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.270	−0.065%	$59K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.280	−0.049%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.280	−0.049%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.310	0.000%	$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	61.240	−0.114%	$1.1M	$3.7M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.240	−0.114%	$1.0M	$98K	10x	as long as short
edgeX DRAMUSDC	+0.0061%	4h	61.298	−0.020%	$149K	$299K	20x	as long as short
Lighter DRAM	+0.0064%	1h	61.301	−0.015%	$1.1M	$1.4M	20x	as long as short
Gate DRAM_USDT	+0.0075%	8h	61.350	+0.065%	$8.0M	$3.8M	75x	as long as short
Pacifica DRAM	+0.0100%	1h	61.252	−0.095%	$75K	$31K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.280	−0.049%	$3.0M	$413K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.350	+0.065%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.320	+0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.310	0.000%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0112%	8h	61.302	−0.013%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0118%	1h	61.290	−0.033%	$79.5M	$38.7M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0168%	8h	61.320	+0.016%	$5.5M	$6.7M	50x	as long as short
Aster DRAMUSDT	+0.0186%	8h	61.332	+0.036%	$196K	$28K	20x	as long as short
Variational Omni DRAM	+0.0224%	8h	61.299	−0.018%	$2.2M	$698K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.140	−0.277%	$536K	$91K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0240%	1h	61.280	−0.049%	$13K	$3K	20x	as long as short
MEXC DRAM_USDT	+0.0278%	8h	61.300	−0.016%	$9.0M	$5.4M	100x	as long as short
Binance DRAMUSDTlong	+0.0279%	8h	61.310	long leg	$44.4M	$98.9M	50x
Extended DRAM-USDshort	+0.0280%	1h	61.280	−0.048%	$98K	$293K	10x
GRVT DRAM_USDT_Perp	+0.0345%	8h	61.300	−0.016%	$36K	$228K	10x	as long as short
Entropy io:DRAM	+0.0425%	1h	61.307	−0.005%	$303K	$1.7M	25x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.295	−0.024%	$461K	$367K	20x	as long as short
BloFin DRAM-USDT	+0.0662%	8h	61.310	0.000%	$306K	$28K	20x	as long as short