Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0173%/8h= −19.0% APRnext payment $0.22 per $10,000 · paid last 24h −0.007%
Price spread now: RISEx against Coinbase International+1.284%7-day average +0.155% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$80as in the Price arb table
costs, in and out, $10k−$330.328% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.023%−$2 on $10k
Price spread, last 4 days (all we have)−1.202%−$120 · spread now +1.284%, 7d avg +0.155%
Together, before fees−1.225%−$122 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 1.129% dearer against Coinbase International than usual: you sell high and buy low (spread +1.284% now, against its 7-day average of +0.155%): +$113 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 4 days (−0.023% in total) that is about 6 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DRAM-PERP-INTX60.1000.0280pay 0.0035% / 1h57m 05s$527K$87K20x
ShortRISEx DRAM/USDC60.8720.0107get 0.0013% / 1h57m 05s$441K$347K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
−$36.41
Price spread: +1.284% → +0.155%
$112.85
Slippage, 4 orders
−$16.76
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$43.69
Costs to cover
0.328%
Break-even
from the start
Slippage from Coinbase International: live order book, 36 min ago; RISEx: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 36 min ago4.15 bp9.1 bp −$911.7 bp −$117doesn't fitdoesn't fit
Sell RISEx live order book, 36 min ago1.74 bp4.7 bp −$55.7 bp −$57doesn't fitdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:DRAM−0.0610%1h60.803+1.170%$1.0M$1.2M25xas long as short
Bitget DRAMUSDT−0.0337%8h60.970+1.448%$26.6M$15.2M20xas long as short
SunX DRAM-USDT0.0000%8h60.910+1.348%$760$2.5M10xas long as short
HTX DRAM-USDT0.0000%8h60.900+1.331%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.930+1.381%$1.7M$1.3M10xas long as short
Aster DRAMUSDT+0.0008%8h60.933+1.386%$195K$27K20xas long as short
Variational Omni DRAM+0.0018%8h60.794+1.154%$2.2M$736Kas long as short
Aftermath Perps DRAMUSD+0.0039%1h60.791+1.150%$1K$28K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.840+1.231%10xas long as short
QFEX DRAM-USD+0.0048%1h60.870+1.281%$992K$95K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DRAM-USD+0.0050%1h60.883+1.303%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.919+1.363%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.810+1.181%$1.1M$3.5M10xas long as short
edgeX DRAMUSDC+0.0073%4h60.859+1.263%$147K$298K20xas long as short
OKX DRAM-USDT-SWAP+0.0080%8h61.000+1.498%$5.4M$6.5M50xas long as short
MEXC DRAM_USDT+0.0089%8h60.930+1.381%$8.8M$5.5M100xas long as short
tradeXYZ xyz:DRAM+0.0095%1h60.921+1.366%$79.5M$36.7M20xas long as short
Extended DRAM-USD+0.0096%1h60.887+1.309%$74K$257K10xas long as short
Binance DRAMUSDT+0.0098%8h60.929+1.379%$44.2M$92.4M50xas long as short
Pacifica DRAM+0.0100%1h60.833+1.220%$73K$30K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.840+1.231%$3.0M$409K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.810+1.181%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.920+1.364%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.906+1.341%$4K10xas long as short
RISEx DRAM/USDCshort+0.0107%1h60.872+1.284%$441K$347K20x
Bybit DRAMUSDT+0.0169%8h60.957+1.426%$9.6M$10.6M100xas long as short
Gate DRAM_USDT+0.0178%8h60.980+1.464%$7.9M$3.6M75xas long as short
Lighter DRAM+0.0184%1h60.919+1.363%$1.1M$1.3M20xas long as short
Paradex DRAM-USD-PERP+0.0210%8h60.884+1.305%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0243%1h60.900+1.331%$13K$3K20xas long as short
Coinbase International DRAM-PERP-INTXlong+0.0280%1h60.100long leg$527K$87K20x
BloFin DRAM-USDT+0.0307%8h60.910+1.348%$299K$26K20xas long as short
Arcus DRAM-USD+0.0540%1h60.870+1.281%$47K$68K10xas long as short
GRVT DRAM_USDT_Perp+0.0685%8h60.840+1.231%$36K$214K10xas long as short