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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0701%/8h= +76.8% APRpaid last 24h +0.080%
Price spread now: BloFin against edgeX−0.051%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$340.336% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.051%, 7d avg +0.013%
Together, before fees+0.103%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.065% cheaper against edgeX than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.013%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.071% in total) that is about 6.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DRAMUSDC62.2420.0067pay 0.0033% / 4h1h 27m$151K$296K20x
ShortBloFin DRAM-USDT62.2100.0768get 0.0768% / 8h5h 27m$301K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
$147.31
Price spread: −0.051% → +0.013%
−$6.49
Slippage, 4 orders
−$12.57
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$107.25
Costs to cover
0.336%
Break-even
1.9 days
Slippage from edgeX: live order book, 36 min ago; BloFin: live order book, 13 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 edgeX live order book, 36 min ago2.41 bp7.4 bp −$714.5 bp −$145doesn't fitdoesn't fit
Sell BloFin live order book, 13 min ago2.41 bp9.7 bp −$1014.0 bp −$14048.4 bp −$4,843doesn'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
RISEx DRAM/USDC0.0000%1h62.201−0.066%$441K$506K20xas long as short
SunX DRAM-USDT0.0000%8h62.210−0.051%$719$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.210−0.051%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.220−0.035%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0030%1h62.193−0.078%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.210−0.051%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.180−0.100%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.178−0.103%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.204−0.061%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.140−0.164%$1.2M$2.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0055%1h62.180−0.100%$1.0M$78K10xas long as short
Entropy io:DRAM+0.0063%1h62.184−0.093%$251K$422K25xas long as short
edgeX DRAMUSDClong+0.0067%4h62.242long leg$151K$296K20x
Deribit DRAM_USDC-PERPETUAL+0.0072%1h62.190−0.084%$13K$3K20xas long as short
Bitget DRAMUSDT+0.0074%8h62.220−0.035%$26.2M$13.2M20xas long as short
Lighter DRAM+0.0096%1h62.204−0.061%$967K$1.0M20xas long as short
Pacifica DRAM+0.0100%1h62.212−0.048%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.210−0.051%$3.0M$401K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.210−0.051%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.220−0.035%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.217−0.041%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0133%8h62.196−0.075%5xas long as short
GRVT DRAM_USDT_Perp+0.0162%8h62.270+0.045%$36K$158K10xas long as short
tradeXYZ xyz:DRAM+0.0170%1h62.200−0.068%$81.7M$37.2M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.325%$534K$74K20xas long as short
OKX DRAM-USDT-SWAP+0.0190%8h62.220−0.035%$5.5M$4.4M50xas long as short
Bybit DRAMUSDT+0.0261%8h62.246+0.006%$9.7M$10.1M100xas long as short
Aster DRAMUSDT+0.0394%8h62.228−0.022%$200K$36K20xas long as short
Variational Omni DRAM+0.0480%8h62.252+0.016%$2.4M$715Kas long as short
Extended DRAM-USD+0.0512%1h62.190−0.083%$75K$669K10xas long as short
Binance DRAMUSDT+0.0513%8h62.208−0.055%$44.7M$81.7M50xas long as short
MEXC DRAM_USDT+0.0515%8h62.200−0.068%$9.2M$5.6M100xas long as short
Gate DRAM_USDT+0.0532%8h62.260+0.029%$8.1M$3.6M75xas long as short
BloFin DRAM-USDTshort+0.0768%8h62.210−0.051%$301K$26K20x