Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%

Price spread now: RISEx against Bybit−0.040%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Bybit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.055%+$5 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.040%, 7d avg −0.020%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.160	0	get 0.0000% / 8h	4h 44m	$9.5M	$11.3M	100x
Short	RISEx DRAM/USDC	61.136	0	get 0.0000% / 1h	44m 04s	$459K	$368K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → −0.020%: −$1.99
Slippage, 4 orders: −$7.84
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$26.83
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; RISEx: live order book, 62 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 Bybit live order book, 2 min ago	0.82 bp	7.4 bp −$7	14.2 bp −$142	104.9 bp −$10.5K	doesn't fit
Sell RISEx live order book, 62 min ago	1.55 bp	4.5 bp −$5	5.0 bp −$50	doesn't fit	doesn't fit

DRAM on 34 exchanges

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
Bybit DRAMUSDTlong	0.0000%	8h	61.160	long leg	$9.5M	$11.3M	100x
RISEx DRAM/USDCshort	0.0000%	1h	61.136	−0.040%	$459K	$368K	20x
Bitget DRAMUSDT	0.0000%	8h	61.130	−0.049%	$26.7M	$17.1M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.120	−0.065%	$805	$2.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.120	−0.065%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.120	−0.065%	$1.7M	$1.3M	10x	as long as short
Gate DRAM_USDT	+0.0020%	8h	61.160	0.000%	$7.9M	$3.5M	75x	as long as short
Aftermath Perps DRAMUSD	+0.0026%	1h	61.108	−0.085%	$1K	$26K	5x	as long as short
QFEX DRAM-USD	+0.0032%	1h	61.060	−0.164%	$998K	$98K	10x	as long as short
Lighter DRAM	+0.0032%	1h	61.119	−0.067%	$1.1M	$1.4M	20x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USD	+0.0040%	1h	61.090	−0.114%	$59K	$82K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.140	−0.033%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.062	−0.160%	$299K	$1.7M	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.116	−0.072%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.112	−0.078%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.050	−0.180%	$1.1M	$3.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.140	−0.033%	$12K	$4K	20x	as long as short
edgeX DRAMUSDC	+0.0094%	4h	61.073	−0.142%	$148K	$300K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0097%	8h	61.113	−0.078%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.134	−0.043%	$74K	$31K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.120	−0.065%	$3.0M	$410K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.070	−0.147%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.140	−0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.134	−0.042%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0112%	1h	61.108	−0.085%	$79.4M	$39.0M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0161%	8h	61.150	−0.016%	$5.5M	$6.8M	50x	as long as short
Aster DRAMUSDT	+0.0162%	8h	61.162	+0.004%	$195K	$28K	20x	as long as short
Variational Omni DRAM	+0.0199%	8h	61.079	−0.132%	$2.1M	$686K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0216%	1h	61.140	−0.033%	$536K	$91K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0235%	8h	61.178	+0.029%	$36K	$229K	10x	as long as short
Binance DRAMUSDT	+0.0246%	8h	61.142	−0.029%	$44.2M	$99.5M	50x	as long as short
Extended DRAM-USD	+0.0248%	1h	61.112	−0.078%	$97K	$770K	10x	as long as short
MEXC DRAM_USDT	+0.0250%	8h	61.120	−0.065%	$9.7M	$5.7M	100x	as long as short
BloFin DRAM-USDT	+0.0654%	8h	61.130	−0.049%	$308K	$27K	20x	as long as short