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−0.0044%/8h= −4.8% APRnext payment $0.05 per $10,000 · paid last 24h −0.042%
Price spread now: SoDEX against Entropy+0.071%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. SoDEX is 0.071% dearer against Entropy than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:DRAM62.3470.0094pay 0.0012% / 1h2m 52s$246K$413K25x
ShortSoDEX DRAM-USD62.3910.0050get 0.0006% / 1h2m 52s$2K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Entropy. 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
−$9.19
Price spread: +0.071% → 0.000%
$7.06
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$28.13
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Entropy: live order book, 32 min ago; SoDEX: 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 Entropy live order book, 32 min ago2.49 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h62.377+0.049%$443K$501K20xas long as short
SunX DRAM-USDT0.0000%8h62.390+0.069%$659$2.7M10xas long as short
HTX DRAM-USDT0.0000%8h62.370+0.037%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.410+0.101%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0027%1h62.355+0.012%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.360+0.021%$51K$80K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.350+0.005%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.363+0.026%$267K$1.3M10xas long as short
SoDEX DRAM-USDshort+0.0050%1h62.391+0.071%$2K$15K20x
Ondo Perps DRAM-USD.P+0.0050%1h62.330−0.027%$1.1M$2.2M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0055%1h62.360+0.021%$1.0M$78K10xas long as short
edgeX DRAMUSDC+0.0060%4h62.403+0.090%$151K$298K20xas long as short
Lighter DRAM+0.0088%1h62.396+0.079%$970K$1.0M20xas long as short
Entropy io:DRAMlong+0.0094%1h62.347long leg$246K$413K25x
Pacifica DRAM+0.0100%1h62.350+0.005%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.380+0.053%$3.0M$389K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.440+0.149%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.410+0.101%$9K10xas long as short
Bitget DRAMUSDT+0.0104%8h62.410+0.101%$26.3M$13.2M20xas long as short
Aevo DRAM-PERP+0.0104%1h62.405+0.094%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0118%8h62.378+0.049%5xas long as short
GRVT DRAM_USDT_Perp+0.0127%8h62.412+0.104%$37K$163K10xas long as short
OKX DRAM-USDT-SWAP+0.0169%8h62.410+0.101%$5.5M$4.4M50xas long as short
tradeXYZ xyz:DRAM+0.0174%1h62.379+0.051%$81.9M$36.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.492%$534K$74K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.390+0.069%$13K$3K20xas long as short
Bybit DRAMUSDT+0.0243%8h62.430+0.133%$9.7M$10.0M100xas long as short
Aster DRAMUSDT+0.0359%8h62.419+0.115%$201K$36K20xas long as short
Variational Omni DRAM+0.0441%8h62.393+0.074%$2.4M$717Kas long as short
Binance DRAMUSDT+0.0477%8h62.412+0.104%$44.9M$80.9M50xas long as short
MEXC DRAM_USDT+0.0479%8h62.400+0.085%$9.3M$5.6M100xas long as short
Extended DRAM-USD+0.0480%1h62.380+0.053%$76K$637K10xas long as short
Gate DRAM_USDT+0.0573%8h62.440+0.149%$8.2M$3.6M75xas long as short
BloFin DRAM-USDT+0.0684%8h62.400+0.085%$302K$26K20xas long as short