Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h +0.013%

Price spread now: BloFin against Deribit+0.033%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. BloFin is 0.033% dearer against Deribit than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	61.030	0.0078	pay 0.0010% / 1h	15m 07s	$13K	$3K	20x
Short	BloFin DRAM-USDT	61.050	0.0048	get 0.0048% / 8h	1h 15m	$298K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Deribit. 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 DeribitbpFee BloFinbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$6.34
Price spread: +0.033% → 0.000%: $3.28
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.06
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 4 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell BloFin live order book, 4 min ago	0.82 bp	7.4 bp −$7	12.6 bp −$126	33.3 bp −$3,333	doesn't fit

Deribit: 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	−0.0601%	8h	61.070	+0.066%	$26.0M	$14.7M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.080	+0.081%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.086	+0.092%	$9.4M	$10.3M	100x	as long as short
OKX DRAM-USDT-SWAP	0.0000%	8h	61.060	+0.049%	$5.4M	$5.9M	50x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.036	+0.010%	$423K	$351K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.090	+0.098%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.134	+0.170%	$36K	$203K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.040	+0.016%	$730	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.020	−0.016%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.050	+0.033%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DRAM	+0.0011%	8h	61.034	+0.007%	$2.3M	$683K	—	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.066	+0.058%	$1K	$30K	5x	as long as short
edgeX DRAMUSDC	+0.0031%	4h	61.104	+0.121%	$148K	$299K	20x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.050	+0.033%	$994K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.070	+0.066%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.060	+0.049%	—	—	10x	as long as short
BloFin DRAM-USDTshort	+0.0048%	8h	61.050	+0.033%	$298K	$26K	20x
Entropy io:DRAM	+0.0050%	1h	61.049	+0.031%	$180K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.016	−0.023%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.045	+0.025%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.990	−0.066%	$1.1M	$3.5M	10x	as long as short
Extended DRAM-USD	+0.0064%	1h	61.020	−0.017%	$74K	$190K	10x	as long as short
Binance DRAMUSDT	+0.0068%	8h	61.049	+0.031%	$43.7M	$88.0M	50x	as long as short
MEXC DRAM_USDT	+0.0070%	8h	61.030	0.000%	$8.0M	$5.7M	100x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0078%	1h	61.030	long leg	$13K	$3K	20x
Paradex DRAM-USD-PERP	+0.0086%	8h	61.045	+0.025%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0096%	1h	61.036	+0.010%	$79.0M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.054	+0.039%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.030	0.000%	$3.0M	$418K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.110	+0.131%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.030	0.000%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.045	+0.025%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.131%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0224%	1h	61.077	+0.077%	$1.1M	$1.2M	20x	as long as short