Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.041%

Price spread now: Pacifica against HTX−0.097%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Pacifica

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.097% cheaper against HTX than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DRAM-USDT	61.770	0	get 0.0000% / 8h	1h 16m	$28K	$3K	20x
Short	Pacifica DRAM	61.710	0.0100	get 0.0013% / 1h	16m 35s	$75K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.097%Rate

Funding earned: $21
Price spread: −0.097% → 0.000%: −$9.72
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$8.72
Costs to cover: 0.200%
Break-even: 9.9 days

Slippage unknown: HTX: no order-book sample; Pacifica: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

HTX and Pacifica: 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
Gate DRAM_USDT	0.0000%	8h	61.760	−0.016%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.740	−0.049%	$642	$3.3M	10x	as long as short
HTX DRAM-USDTlong	0.0000%	8h	61.770	long leg	$28K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	61.730	−0.065%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.733	−0.061%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.710	−0.097%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.706	−0.104%	$259K	$509K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.729	−0.066%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.730	−0.065%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.750	−0.032%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0052%	1h	61.750	−0.032%	$1.0M	$80K	10x	as long as short
edgeX DRAMUSDC	+0.0062%	4h	61.777	+0.012%	$153K	$289K	20x	as long as short
Pacifica DRAMshort	+0.0100%	1h	61.710	−0.097%	$75K	$40K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	61.740	−0.049%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.049%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.740	−0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.737	−0.054%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0106%	8h	61.740	−0.049%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0113%	8h	61.750	−0.032%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0115%	8h	61.750	−0.032%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0145%	8h	61.807	+0.060%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0156%	8h	61.730	−0.064%	—	—	5x	as long as short
Variational Omni DRAM	+0.0196%	8h	61.777	+0.012%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.308%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0229%	8h	61.780	+0.016%	$9.3M	$10.4M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0236%	1h	61.730	−0.065%	$13K	$9K	20x	as long as short
Binance DRAMUSDT	+0.0239%	8h	61.738	−0.052%	$43.8M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.726	−0.071%	$77K	$765K	10x	as long as short
MEXC DRAM_USDT	+0.0241%	8h	61.740	−0.049%	$11.2M	$6.4M	100x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.757	−0.022%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0280%	1h	61.748	−0.036%	$967K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0298%	1h	61.740	−0.049%	$79.2M	$39.5M	20x	as long as short
BloFin DRAM-USDT	+0.0471%	8h	61.760	−0.016%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.740	−0.049%	$50K	$91K	10x	as long as short