Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.035%

Price spread now: Extended against BloFin−0.011%94s7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$250.253% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.011%, 7d avg −0.037%

Together, before fees+0.014%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.026% dearer against BloFin than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.037%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 94 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	BloFin DRAM-USDT	62.410	0.0402	pay 0.0402% / 8h	4h 13m	$302K	$26K	20x
Short	Extended DRAM-USD	62.403	0.0368	get 0.0046% / 1h	13m 35s	$76K	$622K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BloFinbpFee ExtendedbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$7.09
Price spread: −0.011% → −0.037%: $2.57
Slippage, 4 orders: −$8.32
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$29.84
Costs to cover: 0.253%
Break-even: never at this rate

Slippage from BloFin: live order book, 21 min ago; Extended: live order book, 44 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 BloFin live order book, 21 min ago	1.60 bp	10.1 bp −$10	12.1 bp −$121	34.8 bp −$3,478	doesn't fit
Sell Extended live order book, 44 min ago	0.48 bp	3.3 bp −$3	6.3 bp −$63	doesn't fit	doesn't fit

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
RISEx DRAM/USDC	0.0000%	1h	62.417	+0.012%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.430	+0.032%	$910	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.440	+0.048%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0010%	8h	62.460	+0.080%	$37K	$173K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.395	−0.024%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.389	−0.034%	$1.0M	$1.1M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.400	−0.016%	$49K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	−0.064%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.396	−0.022%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.397	−0.021%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.360	−0.080%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.410	0.000%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	62.390	−0.033%	$151K	$299K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0077%	1h	62.401	−0.014%	$81.7M	$35.4M	20x	as long as short
Bitget DRAMUSDT	+0.0078%	8h	62.430	+0.032%	$26.2M	$13.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0081%	8h	62.405	−0.008%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0099%	8h	62.440	+0.048%	$5.5M	$4.5M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	62.428	+0.029%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.390	−0.032%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.064%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.420	+0.016%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.412	+0.003%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0136%	8h	62.450	+0.064%	$9.7M	$9.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.128%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0154%	1h	62.401	−0.014%	$183K	$441K	25x	as long as short
Aster DRAMUSDT	+0.0251%	8h	62.423	+0.022%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0326%	8h	62.404	−0.009%	$2.4M	$747K	—	as long as short
Binance DRAMUSDT	+0.0366%	8h	62.420	+0.016%	$44.9M	$80.1M	50x	as long as short
MEXC DRAM_USDT	+0.0367%	8h	62.420	+0.016%	$8.9M	$5.5M	100x	as long as short
Extended DRAM-USDshort	+0.0368%	1h	62.403	−0.011%	$76K	$622K	10x
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.400	−0.016%	$13K	$3K	20x	as long as short
BloFin DRAM-USDTlong	+0.0402%	8h	62.410	long leg	$302K	$26K	20x
Gate DRAM_USDT	+0.0633%	8h	62.450	+0.064%	$8.2M	$3.5M	75x	as long as short