Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0901%/8h= −98.7% APRpaid last 24h −0.083%

Price spread now: SoDEX against BloFin−0.382%716s7-day average — · you buy dearer than you sell

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

Long on BloFin 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—needs both histories

Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and SoDEX is 0.382% cheaper against BloFin than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 716 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	62.380	0.0951	pay 0.0951% / 8h	6h 36m	$301K	$26K	20x
Short	SoDEX DRAM-USD	62.142	0.0050	get 0.0006% / 1h	36m 33s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.382%Rate

Funding earned: −$189.25
Price spread: −0.382% → 0.000%: −$38.15
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$247.4
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 25 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 BloFin live order book, 25 min ago	1.60 bp	10.8 bp −$11	15.2 bp −$152	48.0 bp −$4,796	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	62.170	−0.337%	$972	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.180	−0.321%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.150	−0.369%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0021%	4h	62.152	−0.365%	$150K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.146	−0.375%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.150	−0.369%	$50K	$82K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.110	−0.433%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.140	−0.385%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.127	−0.406%	$252K	$434K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.156	−0.359%	$266K	$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-USDshort	+0.0050%	1h	62.142	−0.382%	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.110	−0.433%	$1.1M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.118	−0.420%	$76K	$43K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.150	−0.369%	$3.0M	$406K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.210	−0.273%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.200	−0.289%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.186	−0.311%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.139	−0.386%	$965K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.401%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0184%	8h	62.138	−0.388%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0225%	8h	62.170	−0.337%	$5.5M	$4.7M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0232%	1h	62.158	−0.356%	$81.8M	$36.9M	20x	as long as short
Bitget DRAMUSDT	+0.0355%	8h	62.180	−0.321%	$26.0M	$12.8M	20x	as long as short
Bybit DRAMUSDT	+0.0365%	8h	62.207	−0.277%	$9.6M	$10.2M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0394%	1h	62.130	−0.401%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0474%	8h	62.177	−0.325%	$200K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0518%	8h	62.189	−0.307%	$37K	$152K	10x	as long as short
Variational Omni DRAM	+0.0568%	8h	62.195	−0.296%	$2.4M	$758K	—	as long as short
Gate DRAM_USDT	+0.0585%	8h	62.180	−0.321%	$8.2M	$3.4M	75x	as long as short
Extended DRAM-USD	+0.0600%	1h	62.137	−0.389%	$75K	$663K	10x	as long as short
MEXC DRAM_USDT	+0.0602%	8h	62.180	−0.321%	$9.7M	$5.9M	100x	as long as short
Binance DRAMUSDT	+0.0602%	8h	62.163	−0.347%	$44.6M	$82.2M	50x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.152	−0.365%	$448K	$504K	20x	as long as short
BloFin DRAM-USDTlong	+0.0951%	8h	62.380	long leg	$301K	$26K	20x