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−0.0053%/8h= −5.8% APRnext payment $0.53 per $10,000 · paid last 24h −0.057%
Price spread now: Aster against BloFin−0.042%102s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.072%−$7 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.042%, 7d avg −0.008%
Together, before fees−0.027%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.035% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.008%). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DRAM-USDT60.9200.0053pay 0.0053% / 8h13m 33s$299K$26K20x
ShortAster DRAMUSDT60.8940get 0.0000% / 8h13m 33s$195K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$11.05
Price spread: −0.042% → −0.008%
−$3.47
Slippage, 4 orders
−$19.74
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$54.26
Costs to cover
0.397%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; Aster: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 1 min ago0.82 bp10.8 bp −$1114.4 bp −$14440.1 bp −$4,010doesn't fit
Sell Aster live order book, 23 min ago1.64 bp8.5 bp −$99.5 bp −$95doesn't fitdoesn't fit

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−0.0763%8h60.940+0.033%$26.6M$15.2M20xas long as short
Aster DRAMUSDTshort0.0000%8h60.894−0.042%$195K$38K20x
RISEx DRAM/USDC0.0000%1h60.876−0.072%$422K$340K20xas long as short
Gate DRAM_USDT0.0000%8h60.930+0.016%$8.0M$3.8M75xas long as short
Variational Omni DRAM0.0000%8h60.876−0.073%$2.3M$589Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.890−0.049%$36K$208K10xas long as short
SunX DRAM-USDT0.0000%8h60.880−0.066%$889$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.840−0.131%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.890−0.049%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0013%8h60.890−0.049%$5.4M$6.0M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DRAM_USDT+0.0022%8h60.870−0.082%$8.4M$5.7M100xas long as short
Binance DRAMUSDT+0.0022%8h60.888−0.052%$43.8M$89.1M50xas long as short
Extended DRAM-USD+0.0024%1h60.872−0.079%$74K$198K10xas long as short
Bybit DRAMUSDT+0.0024%8h60.913−0.011%$9.6M$10.4M100xas long as short
Aftermath Perps DRAMUSD+0.0039%1h60.877−0.071%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.860−0.098%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.880−0.066%$991K$84K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.880−0.066%10xas long as short
Entropy io:DRAM+0.0050%1h60.841−0.130%$179K$481K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.860−0.098%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.881−0.064%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.830−0.148%$1.1M$3.5M10xas long as short
BloFin DRAM-USDTlong+0.0053%8h60.920long leg$299K$26K20x
edgeX DRAMUSDC+0.0059%4h60.867−0.087%$148K$300K20xas long as short
Paradex DRAM-USD-PERP+0.0099%8h60.865−0.091%5xas long as short
Pacifica DRAM+0.0100%1h60.891−0.047%$73K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.870−0.082%$3.0M$421K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.890−0.049%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.880−0.066%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.868−0.085%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.940+0.033%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0186%1h60.862−0.095%$78.8M$35.9M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0243%1h60.860−0.098%$13K$3K20xas long as short
Lighter DRAM+0.0368%1h60.899−0.034%$1.1M$1.2M20xas long as short