Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.045%

Price spread now: RISEx against edgeX−0.074%55s7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$220.221% of the position

Long on edgeX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.069%+$7 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.074%, 7d avg +0.008%

Together, before fees+0.148%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and RISEx is 0.082% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.008%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.069%, so the current rate has only just turned against you. The two prices were read 55 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	62.083	0.0012	pay 0.0006% / 4h	3h 42m	$150K	$299K	20x
Short	RISEx DRAM/USDC	62.037	0	get 0.0000% / 1h	42m 03s	$437K	$500K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.074%Rate

Funding earned: −$2.43
Price spread: −0.074% → +0.008%: −$8.2
Slippage, 4 orders: −$7.12
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$32.75
Costs to cover: 0.221%
Break-even: never at this rate

Slippage from edgeX: live order book, 11 min ago; RISEx: live order book, 11 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, 11 min ago	2.41 bp	7.5 bp −$7	14.5 bp −$145	doesn't fit	doesn't fit
Sell RISEx live order book, 11 min ago	0.64 bp	3.6 bp −$4	5.3 bp −$53	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
RISEx DRAM/USDCshort	0.0000%	1h	62.037	−0.074%	$437K	$500K	20x
Bitget DRAMUSDT	0.0000%	8h	62.060	−0.037%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.020	−0.102%	$36K	$182K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.050	−0.053%	$738	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.980	−0.166%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.060	−0.037%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDClong	+0.0012%	4h	62.083	long leg	$150K	$299K	20x
Aftermath Perps DRAMUSD	+0.0021%	1h	62.016	−0.108%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.040	−0.069%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.010	−0.118%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	62.010	−0.118%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.020	−0.102%	$165K	$455K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.019	−0.103%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.029	−0.087%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.000	−0.134%	$1.1M	$2.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0069%	8h	62.050	−0.053%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0082%	8h	62.030	−0.085%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.048	−0.056%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.020	−0.102%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.040	−0.069%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.040	−0.069%	$9K	—	10x	as long as short
Bybit DRAMUSDT	+0.0100%	8h	62.060	−0.037%	$9.7M	$9.7M	100x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.036	−0.075%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.043%	$533K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0138%	1h	62.020	−0.102%	$81.1M	$35.6M	20x	as long as short
Lighter DRAM	+0.0152%	1h	62.055	−0.045%	$1.0M	$1.2M	20x	as long as short
Aster DRAMUSDT	+0.0180%	8h	62.040	−0.069%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0251%	8h	62.054	−0.047%	$2.4M	$759K	—	as long as short
BloFin DRAM-USDT	+0.0275%	8h	62.020	−0.102%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0294%	8h	62.040	−0.069%	$44.5M	$80.6M	50x	as long as short
MEXC DRAM_USDT	+0.0295%	8h	62.030	−0.085%	$8.2M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0296%	1h	62.022	−0.098%	$76K	$657K	10x	as long as short
Gate DRAM_USDT	+0.0538%	8h	62.080	−0.005%	$8.1M	$3.5M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0557%	1h	62.040	−0.069%	$13K	$3K	20x	as long as short