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−0.0138%/8h= −15.1% APRnext payment $1.38 per $10,000 · paid last 24h −0.071%
Price spread now: HTX against Binance−0.080%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.080% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DRAMUSDT61.2490.0138pay 0.0138% / 8h1h 51m$43.9M$87.2M50x
ShortHTX DRAM-USDT61.2000get 0.0000% / 8h1h 51m$27K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
−$29.05
Price spread: −0.080% → 0.000%
−$8.02
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$59.07
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 6 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago0.81 bp5.8 bp −$68.3 bp −$8332.3 bp −$3,230doesn't fit
Sell HTX no order-book sample
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0450%8h61.290+0.067%$26.0M$14.5M20xas long as short
Bybit DRAMUSDT0.0000%8h61.286+0.060%$9.4M$10.3M100xas long as short
RISEx DRAM/USDC0.0000%1h61.236−0.022%$424K$419K20xas long as short
Gate DRAM_USDT0.0000%8h61.300+0.083%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.281+0.051%$36K$199K10xas long as short
SunX DRAM-USDT0.0000%8h61.270+0.034%$875$2.6M10xas long as short
HTX DRAM-USDTshort0.0000%8h61.200−0.080%$27K$3K20x
Phemex DRAMUSDT0.0000%8h61.230−0.031%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.257+0.013%$1K$31K5xas long as short
Aster DRAMUSDT+0.0033%8h61.258+0.015%$197K$35K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0035%8h61.270+0.034%$5.4M$5.6M50xas long as short
QFEX DRAM-USD+0.0039%1h61.220−0.048%$998K$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.240−0.015%$48K$68K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.230−0.031%10xas long as short
Entropy io:DRAM+0.0050%1h61.232−0.028%$169K$468K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.218−0.051%$254K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.228−0.035%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.210−0.064%$1.1M$3.4M10xas long as short
Variational Omni DRAM+0.0091%8h61.274+0.041%$2.3M$682Kas long as short
edgeX DRAMUSDC+0.0093%4h61.247−0.004%$148K$298K20xas long as short
tradeXYZ xyz:DRAM+0.0100%1h61.237−0.020%$79.3M$35.8M20xas long as short
Pacifica DRAM+0.0100%1h61.244−0.008%$73K$46K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.220−0.048%$3.0M$414K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.290+0.067%$21K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.240−0.015%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.242−0.012%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0106%8h61.230−0.031%5xas long as short
Lighter DRAM+0.0120%1h61.254+0.008%$1.1M$1.1M20xas long as short
Extended DRAM-USD+0.0136%1h61.236−0.022%$74K$190K10xas long as short
Binance DRAMUSDTlong+0.0138%8h61.249long leg$43.9M$87.2M50x
MEXC DRAM_USDT+0.0140%8h61.250+0.001%$8.0M$5.6M100xas long as short
BloFin DRAM-USDT+0.0146%8h61.290+0.067%$300K$26K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0160%1h61.110−0.227%$525K$75K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0240%1h61.230−0.031%$13K$3K20xas long as short