Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0126%/8h= +13.7% APRpaid last 24h +0.026%

Price spread now: Arcus against Bybit−0.112%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Arcus

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

Funding pays, the price is against you. Arcus is 0.112% cheaper against Bybit than usual: you would sell low and buy high (spread −0.112% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.0 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	62.530	0.0480	pay 0.0480% / 8h	7h 04m	$9.6M	$10.4M	100x
Short	Arcus DRAM-USD	62.460	0.0606	get 0.0076% / 1h	4m 30s	$51K	$82K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Bybit. 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 BybitbpFee ArcusbpOrdersPrice spread, now −0.112%Rate

Funding earned: $26.37
Price spread: −0.112% → 0.000%: −$11.19
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$0.33
Costs to cover: 0.155%
Break-even: 7.1 days

Slippage unknown: Bybit: live order book, 4 min ago; Arcus: 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 Bybit live order book, 4 min ago	0.80 bp	7.3 bp −$7	14.7 bp −$147	117.8 bp −$11.8K	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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	62.490	−0.064%	$596	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.450	−0.128%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.490	−0.064%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.460	−0.112%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.430	−0.160%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.463	−0.107%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.488	−0.067%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	−0.208%	$1.2M	$1.9M	10x	as long as short
edgeX DRAMUSDC	+0.0069%	4h	62.481	−0.078%	$151K	$296K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.501	−0.047%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.460	−0.112%	$3.0M	$420K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.370	−0.256%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.510	−0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.512	−0.029%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.478	−0.083%	$972K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.470	−0.096%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.224%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0227%	1h	62.469	−0.098%	$82.3M	$37.6M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0243%	8h	62.502	−0.045%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0249%	8h	62.490	−0.064%	$5.5M	$4.6M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.490	−0.064%	$13K	$3K	20x	as long as short
Bybit DRAMUSDTlong	+0.0480%	8h	62.530	long leg	$9.6M	$10.4M	100x
Aster DRAMUSDT	+0.0503%	8h	62.377	−0.244%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0520%	1h	62.381	−0.238%	$255K	$448K	25x	as long as short
Variational Omni DRAM	+0.0585%	8h	62.483	−0.074%	$2.4M	$749K	—	as long as short
Bitget DRAMUSDT	+0.0596%	8h	62.500	−0.048%	$26.2M	$12.8M	20x	as long as short
Arcus DRAM-USDshort	+0.0606%	1h	62.460	−0.112%	$51K	$82K	10x
Extended DRAM-USD	+0.0624%	1h	62.475	−0.087%	$76K	$665K	10x	as long as short
MEXC DRAM_USDT	+0.0624%	8h	62.480	−0.080%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0629%	8h	62.480	−0.080%	$45.0M	$81.9M	50x	as long as short
Gate DRAM_USDT	+0.0843%	8h	62.520	−0.016%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0980%	8h	62.500	−0.048%	$298K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1049%	8h	62.448	−0.131%	$37K	$153K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.482	−0.077%	$456K	$499K	20x	as long as short