Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0211%/8h= +23.1% APRpaid last 24h −0.031%

Price spread now: MEXC against Deribit+0.032%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 MEXC

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

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.032% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	62.150	0.0394	pay 0.0049% / 1h	39m 06s	$13K	$3K	20x
Short	MEXC DRAM_USDT	62.170	0.0605	get 0.0605% / 8h	6h 39m	$9.7M	$5.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.032%Rate

Funding earned: $44.31
Price spread: +0.032% → 0.000%: $3.22
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: $40.52
Costs to cover: 0.070%
Break-even: 0.6 days

Slippage unknown: Deribit: no order-book sample; MEXC: 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 MEXC live order book, 4 min ago	0.80 bp	2.0 bp −$2	2.4 bp −$24	7.4 bp −$738	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
SunX DRAM-USDT	0.0000%	8h	62.180	+0.048%	$890	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.180	+0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.170	+0.032%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0009%	4h	62.195	+0.072%	$151K	$295K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.161	+0.018%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.170	+0.032%	$50K	$82K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.090	−0.097%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.130	−0.032%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.143	−0.011%	$252K	$434K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.122	−0.045%	$266K	$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
SoDEX DRAM-USD	+0.0050%	1h	62.150	0.000%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.160	+0.016%	$1.1M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.117	−0.053%	$76K	$43K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.130	−0.032%	$3.0M	$406K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.210	+0.097%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.190	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.189	+0.062%	$4K	—	10x	as long as short
Lighter DRAM	+0.0128%	1h	62.155	+0.008%	$965K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.032%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0187%	8h	62.132	−0.029%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0225%	8h	62.170	+0.032%	$5.5M	$4.7M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0233%	1h	62.145	−0.008%	$81.8M	$36.8M	20x	as long as short
Bybit DRAMUSDT	+0.0358%	8h	62.210	+0.097%	$9.6M	$10.2M	100x	as long as short
Bitget DRAMUSDT	+0.0393%	8h	62.170	+0.032%	$26.0M	$12.8M	20x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0394%	1h	62.150	long leg	$13K	$3K	20x
Aster DRAMUSDT	+0.0476%	8h	62.166	+0.026%	$200K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0544%	8h	62.212	+0.099%	$37K	$152K	10x	as long as short
Variational Omni DRAM	+0.0568%	8h	62.195	+0.073%	$2.4M	$758K	—	as long as short
Gate DRAM_USDT	+0.0599%	8h	62.190	+0.064%	$8.2M	$3.4M	75x	as long as short
Extended DRAM-USD	+0.0600%	1h	62.150	−0.001%	$75K	$663K	10x	as long as short
Binance DRAMUSDT	+0.0604%	8h	62.168	+0.028%	$44.6M	$82.3M	50x	as long as short
MEXC DRAM_USDTshort	+0.0605%	8h	62.170	+0.032%	$9.7M	$5.9M	100x
RISEx DRAM/USDC	+0.0835%	1h	62.142	−0.012%	$448K	$504K	20x	as long as short
BloFin DRAM-USDT	+0.0951%	8h	62.380	+0.370%	$301K	$26K	20x	as long as short