Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.010%
Price spread now: edgeX against KuCoin−0.033%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$820.822% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.033%, 7d avg +0.032%
Together, before fees−0.012%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.065% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DRAMUSDTM60.9700.0100pay 0.0100% / 8h6h 14m$3.0M$413K20x
ShortedgeX DRAMUSDC60.9500.0005get 0.0003% / 4h2h 14m$148K$300K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
−$19.92
Price spread: −0.033% → +0.032%
−$6.48
Slippage, 4 orders
−$61.2
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$108.61
Costs to cover
0.822%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; edgeX: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago0.82 bp39.7 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago6.58 bp16.2 bp −$1627.8 bp −$278doesn't fitdoesn't fit

DRAM on 34 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0028%8h61.050+0.131%$26.7M$16.0M20xas long as short
SunX DRAM-USDT0.0000%8h61.040+0.115%$613$2.4M10xas long as short
HTX DRAM-USDT0.0000%8h60.930−0.066%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.030+0.098%$1.7M$1.3M10xas long as short
edgeX DRAMUSDCshort+0.0005%4h60.950−0.033%$148K$300K20x
Bybit DRAMUSDT+0.0008%8h61.060+0.148%$9.5M$10.9M100xas long as short
Aftermath Perps DRAMUSD+0.0035%1h60.959−0.018%$1K$28K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.940−0.049%10xas long as short
QFEX DRAM-USD+0.0048%1h61.010+0.066%$994K$97K10xas long as short
Entropy io:DRAM+0.0050%1h60.962−0.013%$435K$1.6M25xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DRAM-USD+0.0050%1h61.013+0.071%$254K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.022+0.085%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.950−0.033%$1.1M$3.5M10xas long as short
Lighter DRAM+0.0096%1h61.017+0.077%$1.1M$1.4M20xas long as short
Pacifica DRAM+0.0100%1h61.040+0.114%$73K$30K10xas long as short
KuCoin DRAMUSDTMlong+0.0100%8h60.970long leg$3.0M$413K20x
ApeX Omni DRAMUSDT+0.0100%1h60.910−0.098%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.020+0.082%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.017+0.077%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0105%8h61.024+0.089%5xas long as short
RISEx DRAM/USDC+0.0107%1h61.034+0.105%$462K$369K20xas long as short
Gate DRAM_USDT+0.0132%8h61.060+0.148%$7.9M$3.7M75xas long as short
OKX DRAM-USDT-SWAP+0.0140%8h61.050+0.131%$5.5M$6.5M50xas long as short
Aster DRAMUSDT+0.0141%8h60.957−0.022%$195K$28K20xas long as short
tradeXYZ xyz:DRAM+0.0161%1h61.016+0.075%$79.3M$37.2M20xas long as short
Variational Omni DRAM+0.0179%8h61.012+0.069%$2.2M$666Kas long as short
MEXC DRAM_USDT+0.0228%8h61.030+0.098%$8.8M$5.5M100xas long as short
Extended DRAM-USD+0.0232%1h61.029+0.097%$99K$298K10xas long as short
Binance DRAMUSDT+0.0232%8h61.049+0.129%$44.4M$94.8M50xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0242%1h61.010+0.066%$13K$3K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0280%1h60.850−0.197%$533K$87K20xas long as short
Arcus DRAM-USD+0.0540%1h60.990+0.033%$60K$76K10xas long as short
BloFin DRAM-USDT+0.0546%8h61.080+0.180%$305K$26K20xas long as short
GRVT DRAM_USDT_Perp+0.0697%8h60.943−0.044%$36K$216K10xas long as short