Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.003%

Price spread now: Aster against Coinbase International−0.352%7-day average +0.161% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$450.451% of the position

Long on Coinbase International Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.250%−$25 on $10k

Price spread, last 4 days (all we have)+0.353%+$35 · spread now −0.352%, 7d avg +0.161%

Together, before fees+0.103%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.513% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.352% now, against its 7-day average of +0.161%). If the spread goes back, that is −$51 on $10k: about 31 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.250%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	62.110	0.0104	pay 0.0013% / 1h	26m 07s	$533K	$75K	20x
Short	Aster DRAMUSDT	61.892	0.0160	get 0.0160% / 8h	3h 26m	$199K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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 Coinbase InternationalbpFee AsterbpOrdersPrice spread, now −0.352%Rate

Funding earned: $11.76
Price spread: −0.352% → +0.161%: −$51.27
Slippage, 4 orders: −$27.14
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$84.64
Costs to cover: 0.451%
Break-even: 57.4 days

Slippage from Coinbase International: live order book, 27 min ago; Aster: live order book, 25 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 Coinbase International live order book, 27 min ago	4.82 bp	11.0 bp −$11	15.0 bp −$150	doesn't fit	doesn't fit
Sell Aster live order book, 25 min ago	1.61 bp	8.3 bp −$8	10.2 bp −$102	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
RISEx DRAM/USDC	0.0000%	1h	61.890	−0.354%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.910	−0.322%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.959	−0.243%	$36K	$186K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.880	−0.370%	$651	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.980	−0.209%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.890	−0.354%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.896	−0.344%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.890	−0.354%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.920	−0.306%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.880	−0.370%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.889	−0.356%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.862	−0.399%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.881	−0.369%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.820	−0.467%	$1.1M	$2.4M	10x	as long as short
edgeX DRAMUSDC	+0.0056%	4h	61.959	−0.243%	$150K	$297K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0064%	8h	61.910	−0.322%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0086%	8h	61.908	−0.325%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.894	−0.347%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.870	−0.386%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.950	−0.258%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.900	−0.338%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.897	−0.342%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0104%	1h	62.110	long leg	$533K	$75K	20x
Paradex DRAM-USD-PERP	+0.0112%	8h	61.887	−0.360%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0136%	1h	61.866	−0.393%	$80.6M	$35.6M	20x	as long as short
Aster DRAMUSDTshort	+0.0160%	8h	61.892	−0.352%	$199K	$35K	20x
Lighter DRAM	+0.0192%	1h	61.883	−0.365%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0226%	8h	61.974	−0.219%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0235%	1h	61.860	−0.403%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0261%	8h	61.960	−0.242%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0278%	8h	61.887	−0.359%	$44.4M	$81.1M	50x	as long as short
MEXC DRAM_USDT	+0.0278%	8h	61.880	−0.370%	$8.2M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.864	−0.397%	$76K	$515K	10x	as long as short
Gate DRAM_USDT	+0.0451%	8h	61.920	−0.306%	$8.1M	$3.5M	75x	as long as short