Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0315%/8h= −34.5% APRpaid last 24h −0.087%

Price spread now: edgeX against Deribit−0.070%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and edgeX is 0.070% cheaper against Deribit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	62.170	0.0394	pay 0.0049% / 1h	17m 08s	$13K	$3K	20x
Short	edgeX DRAMUSDC	62.126	0.0079	get 0.0039% / 4h	2h 17m	$150K	$297K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$66.15
Price spread: −0.070% → 0.000%: −$7.02
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$89.17
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; edgeX: live order book, 51 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 edgeX live order book, 51 min ago	6.40 bp	14.6 bp −$15	23.8 bp −$238	doesn't fit	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 33 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
SunX DRAM-USDT	0.0000%	8h	62.190	+0.032%	$582	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.150	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.190	+0.032%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0033%	1h	62.144	−0.041%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.150	−0.032%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.130	−0.064%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.150	−0.032%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.145	−0.040%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.162	−0.013%	$2K	$15K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.131	−0.063%	$252K	$430K	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.100	−0.113%	$1.1M	$1.9M	10x	as long as short
edgeX DRAMUSDCshort	+0.0079%	4h	62.126	−0.070%	$150K	$297K	20x
Pacifica DRAM	+0.0100%	1h	62.136	−0.054%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.160	−0.016%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.170	0.000%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.190	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.185	+0.025%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.174	+0.006%	$966K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.064%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0166%	8h	62.161	−0.015%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0214%	1h	62.146	−0.039%	$81.8M	$36.8M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0223%	8h	62.190	+0.032%	$5.5M	$4.5M	50x	as long as short
Bitget DRAMUSDT	+0.0229%	8h	62.190	+0.032%	$26.0M	$13.0M	20x	as long as short
Bybit DRAMUSDT	+0.0295%	8h	62.215	+0.072%	$9.6M	$10.1M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0345%	8h	62.153	−0.028%	$36K	$153K	10x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0394%	1h	62.170	long leg	$13K	$3K	20x
Aster DRAMUSDT	+0.0454%	8h	62.178	+0.013%	$200K	$36K	20x	as long as short
Gate DRAM_USDT	+0.0535%	8h	62.220	+0.080%	$8.2M	$3.5M	75x	as long as short
Variational Omni DRAM	+0.0547%	8h	62.183	+0.022%	$2.4M	$709K	—	as long as short
MEXC DRAM_USDT	+0.0581%	8h	62.180	+0.016%	$9.6M	$5.9M	100x	as long as short
Binance DRAMUSDT	+0.0581%	8h	62.180	+0.016%	$44.7M	$81.9M	50x	as long as short
Extended DRAM-USD	+0.0584%	1h	62.169	−0.002%	$75K	$669K	10x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.161	−0.014%	$447K	$504K	20x	as long as short