Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0133%/8h= +14.6% APRpaid last 24h −0.005%

Price spread now: tradeXYZ against Bybit−0.107%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$360.356% of the position

Long on Bybit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.123%+$12 on $10k

Price spread, last 7 days+0.068%+$7 · spread now −0.107%, 7d avg −0.085%

Together, before fees+0.191%+ Points / potential airdroptradeXYZ: Active · farm board+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.022% cheaper against Bybit than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.085%). If the spread goes back, that is −$2 on $10k: about 13 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.123% in total) that is about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.440	0.0016	pay 0.0016% / 8h	2h 07m	$9.4M	$10.2M	100x
Short	tradeXYZ xyz:DRAM	61.374	0.0149	get 0.0019% / 1h	7m 58s	$79.5M	$36.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.107%Rate

Funding earned: $27.95
Price spread: −0.107% → −0.085%: −$2.21
Slippage, 4 orders: −$6.61
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$9.87
Costs to cover: 0.356%
Break-even: 9.5 days

Slippage from Bybit: live order book, 5 min ago; tradeXYZ: live order book, 12 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, 5 min ago	0.81 bp	7.6 bp −$8	12.2 bp −$122	127.9 bp −$12.8K	doesn't fit
Sell tradeXYZ live order book, 12 min ago	0.08 bp	9.1 bp −$9	11.0 bp −$110	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
Bitget DRAMUSDT	−0.0502%	8h	61.420	−0.033%	$26.1M	$14.4M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.390	−0.082%	$425K	$506K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.440	0.000%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.386	−0.087%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.400	−0.065%	$718	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.310	−0.212%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.400	−0.065%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDTlong	+0.0016%	8h	61.440	long leg	$9.4M	$10.2M	100x
Aftermath Perps DRAMUSD	+0.0028%	1h	61.287	−0.249%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.320	−0.195%	$48K	$69K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.370	−0.114%	—	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0047%	8h	61.420	−0.033%	$5.5M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.410	−0.049%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.369	−0.116%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.405	−0.057%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.310	−0.212%	$1.1M	$3.4M	10x	as long as short
edgeX DRAMUSDC	+0.0060%	4h	61.358	−0.133%	$149K	$297K	20x	as long as short
Aster DRAMUSDT	+0.0067%	8h	61.431	−0.015%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0088%	1h	61.297	−0.233%	$169K	$469K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.341	−0.161%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.360	−0.130%	$3.0M	$410K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.380	−0.098%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.390	−0.081%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.395	−0.073%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0111%	8h	61.364	−0.123%	$2.3M	$670K	—	as long as short
Paradex DRAM-USD-PERP	+0.0123%	8h	61.369	−0.116%	—	—	5x	as long as short
tradeXYZ xyz:DRAMshort	+0.0149%	1h	61.374	−0.107%	$79.5M	$36.1M	20x
Binance DRAMUSDT	+0.0173%	8h	61.408	−0.051%	$43.9M	$86.8M	50x	as long as short
MEXC DRAM_USDT	+0.0173%	8h	61.400	−0.065%	$8.1M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0176%	1h	61.390	−0.082%	$76K	$188K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.537%	$525K	$75K	20x	as long as short
BloFin DRAM-USDT	+0.0185%	8h	61.450	+0.016%	$299K	$26K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.418	−0.036%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0402%	1h	61.390	−0.081%	$13K	$3K	20x	as long as short