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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0182%/8h= −19.9% APRnext payment $0.23 per $10,000 · paid last 24h −0.089%
Price spread now: Ondo Perps against Deribit−0.113%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Ondo Perps is 0.113% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DRAM_USDC-PERPETUAL62.2100.0232pay 0.0029% / 1h25m 58s$13K$3K20x
ShortOndo Perps DRAM-USD.P62.1400.0050get 0.0006% / 1h25m 58s$1.1M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$38.23
Price spread: −0.113% → 0.000%
−$11.25
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$61.49
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Ondo Perps no order-book sample
Deribit and Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx DRAM/USDC0.0000%1h62.222+0.019%$442K$506K20xas long as short
SunX DRAM-USDT0.0000%8h62.230+0.032%$1K$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.2100.000%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.240+0.048%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0029%1h62.193−0.027%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.200−0.016%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.190−0.032%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.205−0.008%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.222+0.019%$2K$15K20xas long as short
Ondo Perps DRAM-USD.Pshort+0.0050%1h62.140−0.113%$1.1M$2.1M10x
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0055%1h62.2100.000%$1.0M$78K10xas long as short
Entropy io:DRAM+0.0063%1h62.180−0.048%$250K$422K25xas long as short
edgeX DRAMUSDC+0.0067%4h62.242+0.051%$151K$296K20xas long as short
Bitget DRAMUSDT+0.0069%8h62.250+0.064%$26.2M$13.2M20xas long as short
Lighter DRAM+0.0096%1h62.220+0.016%$967K$1.0M20xas long as short
Pacifica DRAM+0.0100%1h62.221+0.017%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.220+0.016%$3.0M$401K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.2100.000%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.240+0.048%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.239+0.047%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0131%8h62.204−0.010%5xas long as short
GRVT DRAM_USDT_Perp+0.0162%8h62.270+0.096%$36K$158K10xas long as short
tradeXYZ xyz:DRAM+0.0170%1h62.205−0.008%$81.7M$37.2M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.273%$534K$74K20xas long as short
OKX DRAM-USDT-SWAP+0.0189%8h62.250+0.064%$5.5M$4.4M50xas long as short
Deribit DRAM_USDC-PERPETUALlong+0.0232%1h62.210long leg$13K$3K20x
Bybit DRAMUSDT+0.0258%8h62.267+0.092%$9.7M$10.1M100xas long as short
Aster DRAMUSDT+0.0391%8h62.240+0.049%$200K$36K20xas long as short
Variational Omni DRAM+0.0469%8h62.222+0.020%$2.4M$717Kas long as short
Binance DRAMUSDT+0.0511%8h62.240+0.048%$44.7M$81.7M50xas long as short
Extended DRAM-USD+0.0512%1h62.225+0.024%$75K$669K10xas long as short
MEXC DRAM_USDT+0.0513%8h62.240+0.048%$9.2M$5.6M100xas long as short
Gate DRAM_USDT+0.0533%8h62.270+0.096%$8.1M$3.6M75xas long as short
BloFin DRAM-USDT+0.0768%8h62.2100.000%$301K$26K20xas long as short