Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.015%

Price spread now: KuCoin against edgeX−0.003%68s7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$910.910% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now −0.003%, 7d avg −0.029%

Together, before fees−0.006%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.025% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	62.152	0.0021	pay 0.0011% / 4h	2h 36m	$150K	$296K	20x
Short	KuCoin DRAMUSDTM	62.150	0.0100	get 0.0100% / 8h	6h 36m	$3.0M	$406K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee edgeXbpFee KuCoinbpOrdersPrice spread, now −0.003%Rate

Funding earned: $16.52
Price spread: −0.003% → −0.029%: $2.54
Slippage, 4 orders: −$69.97
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$71.91
Costs to cover: 0.910%
Break-even: 37.5 days

Slippage from edgeX: live order book, 32 min ago; KuCoin: live order book, 6 min ago.

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 edgeX live order book, 32 min ago	6.40 bp	11.0 bp −$11	18.8 bp −$188	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	0.80 bp	24.5 bp −$24	doesn't fit	doesn't fit	doesn't fit

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	+0.045%	$698	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.160	+0.013%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.180	+0.045%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDClong	+0.0021%	4h	62.152	long leg	$150K	$296K	20x
Aftermath Perps DRAMUSD	+0.0034%	1h	62.146	−0.010%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.150	−0.003%	$50K	$82K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.110	−0.068%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.140	−0.019%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.127	−0.040%	$252K	$434K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.156	+0.006%	$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	62.164	+0.019%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.110	−0.068%	$1.1M	$1.8M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.118	−0.055%	$76K	$43K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	62.150	−0.003%	$3.0M	$406K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	62.210	+0.093%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.210	+0.093%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.203	+0.083%	$4K	—	10x	as long as short
Lighter DRAM	+0.0152%	1h	62.163	+0.018%	$965K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.035%	$534K	$93K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0184%	8h	62.138	−0.022%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0225%	8h	62.210	+0.093%	$5.5M	$4.7M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0232%	1h	62.158	+0.010%	$81.8M	$36.9M	20x	as long as short
Bitget DRAMUSDT	+0.0355%	8h	62.180	+0.045%	$26.0M	$12.8M	20x	as long as short
Bybit DRAMUSDT	+0.0365%	8h	62.223	+0.114%	$9.6M	$10.1M	100x	as long as short
Aster DRAMUSDT	+0.0474%	8h	62.192	+0.065%	$200K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0518%	8h	62.189	+0.059%	$37K	$152K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0555%	1h	62.160	+0.013%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0564%	8h	62.175	+0.038%	$2.4M	$758K	—	as long as short
Gate DRAM_USDT	+0.0585%	8h	62.200	+0.077%	$8.2M	$3.4M	75x	as long as short
Extended DRAM-USD	+0.0600%	1h	62.166	+0.023%	$75K	$663K	10x	as long as short
MEXC DRAM_USDT	+0.0602%	8h	62.180	+0.045%	$9.7M	$5.9M	100x	as long as short
Binance DRAMUSDT	+0.0602%	8h	62.186	+0.054%	$44.6M	$82.2M	50x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.152	0.000%	$448K	$504K	20x	as long as short
BloFin DRAM-USDT	+0.0951%	8h	62.380	+0.367%	$301K	$26K	20x	as long as short