Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.012%

Price spread now: Binance against Extended+0.032%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$180.181% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)+0.237%+$24 · spread now +0.032%, 7d avg +0.042%

Together, before fees+0.231%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	61.180	0.0136	pay 0.0017% / 1h	48m 15s	$74K	$190K	10x
Short	Binance DRAMUSDT	61.200	0.0133	get 0.0133% / 8h	1h 48m	$43.8M	$87.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.032%Rate

Funding earned: −$0.56
Price spread: +0.032% → +0.042%: −$1.02
Slippage, 4 orders: −$3.06
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$19.64
Costs to cover: 0.181%
Break-even: never at this rate

Slippage from Extended: live order book, 59 min ago; Binance: live order book, 9 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 Extended live order book, 59 min ago	0.41 bp	3.2 bp −$3	6.9 bp −$69	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.81 bp	5.8 bp −$6	8.3 bp −$83	34.9 bp −$3,489	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
Bitget DRAMUSDT	−0.0452%	8h	61.250	+0.115%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.220	+0.066%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.238	+0.095%	$424K	$419K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.270	+0.147%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.270	+0.147%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.210	+0.049%	$843	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.180	0.000%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.170	−0.016%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.210	+0.049%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.253	+0.119%	$1K	$31K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DRAMUSDT	+0.0032%	8h	61.235	+0.091%	$197K	$35K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0032%	8h	61.220	+0.066%	$5.4M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.250	+0.115%	$998K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.260	+0.131%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.260	+0.131%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.265	+0.139%	$169K	$469K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.201	+0.034%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.229	+0.080%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.220	+0.066%	$1.1M	$3.4M	10x	as long as short
Variational Omni DRAM	+0.0083%	8h	61.275	+0.155%	$2.3M	$682K	—	as long as short
edgeX DRAMUSDC	+0.0093%	4h	61.247	+0.109%	$148K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.280	+0.163%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.220	+0.066%	$3.0M	$414K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.290	+0.180%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.200	+0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.217	+0.060%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0106%	8h	61.282	+0.168%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0107%	1h	61.188	+0.013%	$79.2M	$35.8M	20x	as long as short
Lighter DRAM	+0.0128%	1h	61.227	+0.077%	$1.1M	$1.2M	20x	as long as short
Binance DRAMUSDTshort	+0.0133%	8h	61.200	+0.032%	$43.8M	$87.3M	50x
Extended DRAM-USDlong	+0.0136%	1h	61.180	long leg	$74K	$190K	10x
MEXC DRAM_USDT	+0.0136%	8h	61.210	+0.049%	$8.0M	$5.6M	100x	as long as short
BloFin DRAM-USDT	+0.0146%	8h	61.330	+0.245%	$302K	$26K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.114%	$525K	$75K	20x	as long as short