Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0111%/8h= +12.1% APRnext payment +$1.11 per $10,000 · paid last 24h —

Price spread now: Paradex against Bybit−0.032%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.032% cheaper against Bybit than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.410	0.0012	pay 0.0012% / 8h	2h 11m	$9.4M	$10.2M	100x
Short	Paradex DRAM-USD-PERP	61.390	0.0123	get 0.0123% / 8h	2h 11m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.032%Rate

Funding earned: $23.28
Price spread: −0.032% → 0.000%: −$3.19
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: $5.09
Costs to cover: 0.150%
Break-even: 5.5 days

Slippage unknown: Bybit: live order book, 2 min ago; Paradex: 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, 2 min ago	0.81 bp	7.6 bp −$8	12.2 bp −$122	127.9 bp −$12.8K	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Bitget DRAMUSDT	−0.0521%	8h	61.370	−0.065%	$26.0M	$14.2M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.370	−0.065%	$425K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.142	−0.436%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.360	−0.081%	$788	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.300	−0.179%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.400	−0.016%	$1.7M	$1.3M	10x	as long as short
Gate DRAM_USDT	+0.0002%	8h	61.440	+0.049%	$8.0M	$3.7M	75x	as long as short
Bybit DRAMUSDTlong	+0.0012%	8h	61.410	long leg	$9.4M	$10.2M	100x
Aftermath Perps DRAMUSD	+0.0028%	1h	61.228	−0.297%	$1K	$31K	5x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	61.247	−0.266%	$148K	$297K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.240	−0.277%	$48K	$69K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.340	−0.114%	—	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0046%	8h	61.400	−0.016%	$5.5M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.380	−0.049%	$999K	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.348	−0.101%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.361	−0.080%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.310	−0.163%	$1.1M	$3.3M	10x	as long as short
Aster DRAMUSDT	+0.0067%	8h	61.428	+0.029%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0093%	1h	61.262	−0.241%	$169K	$470K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.332	−0.127%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.330	−0.130%	$3.0M	$409K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.190	−0.358%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.390	−0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.399	−0.019%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.115	−0.481%	$2.3M	$670K	—	as long as short
Paradex DRAM-USD-PERPshort	+0.0123%	8h	61.390	−0.032%	—	—	5x
tradeXYZ xyz:DRAM	+0.0145%	1h	61.343	−0.109%	$79.4M	$36.2M	20x	as long as short
MEXC DRAM_USDT	+0.0170%	8h	61.370	−0.065%	$8.1M	$5.7M	100x	as long as short
BloFin DRAM-USDT	+0.0174%	8h	61.390	−0.033%	$301K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0176%	8h	61.370	−0.065%	$43.9M	$86.6M	50x	as long as short
Extended DRAM-USD	+0.0176%	1h	61.343	−0.110%	$76K	$188K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.489%	$525K	$75K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0239%	1h	61.360	−0.081%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.398	−0.020%	$1.1M	$1.2M	20x	as long as short