Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against HTX+0.096%76s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.096% dearer against HTX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 76 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	HTX DRAM-USDT	62.400	0	get 0.0000% / 8h	4h 37m	$28K	$3K	20x
Short	ApeX Omni DRAMUSDT	62.460	0.0100	get 0.0013% / 1h	37m 57s	$22K	$186K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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 HTXbpFee ApeX OmnibpOrdersPrice spread, now +0.096%Rate

Funding earned: $21
Price spread: +0.096% → 0.000%: $9.62
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $8.62
Costs to cover: 0.220%
Break-even: 4.1 days

Slippage unknown: HTX: no order-book sample; ApeX Omni: live order book, 18 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 18 min ago	26.42 bp	38.3 bp −$38	205.5 bp −$2,055	doesn't fit	doesn't fit

HTX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx DRAM/USDC	0.0000%	1h	62.420	+0.032%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.420	+0.032%	$730	$2.7M	10x	as long as short
HTX DRAM-USDTlong	0.0000%	8h	62.400	long leg	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	62.410	+0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	62.394	−0.010%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.414	+0.022%	$970K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0040%	4h	62.437	+0.059%	$151K	$296K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.360	−0.064%	$51K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.016%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.394	−0.010%	$267K	$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	62.414	+0.022%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.380	−0.032%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.400	0.000%	$1.0M	$78K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.410	+0.016%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0073%	8h	62.460	+0.096%	$37K	$167K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0093%	1h	62.404	+0.006%	$81.8M	$35.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0094%	8h	62.416	+0.025%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.421	+0.034%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.410	+0.016%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	62.460	+0.096%	$22K	$186K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.433	+0.052%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0105%	8h	62.420	+0.032%	$26.3M	$13.2M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0138%	8h	62.430	+0.048%	$5.5M	$4.4M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.112%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0170%	1h	62.403	+0.005%	$198K	$436K	25x	as long as short
Bybit DRAMUSDT	+0.0197%	8h	62.455	+0.088%	$9.7M	$9.8M	100x	as long as short
Aster DRAMUSDT	+0.0307%	8h	62.437	+0.059%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0393%	8h	62.463	+0.102%	$2.4M	$753K	—	as long as short
Extended DRAM-USD	+0.0424%	1h	62.404	+0.007%	$75K	$636K	10x	as long as short
Binance DRAMUSDT	+0.0426%	8h	62.420	+0.032%	$45.0M	$80.3M	50x	as long as short
MEXC DRAM_USDT	+0.0427%	8h	62.420	+0.032%	$9.2M	$5.4M	100x	as long as short
BloFin DRAM-USDT	+0.0569%	8h	62.470	+0.112%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0615%	8h	62.460	+0.096%	$8.2M	$3.5M	75x	as long as short