Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SoDEX against KuCoin−0.008%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on SoDEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DRAMUSDTM	62.430	0.0100	pay 0.0100% / 8h	4h 11m	$3.0M	$394K	20x
Short	SoDEX DRAM-USD	62.425	0.0050	get 0.0006% / 1h	11m 09s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee KuCoinbpFee SoDEXbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$10.5
Price spread: −0.008% → 0.000%: −$0.8
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$31.3
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 6 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 6 min ago	1.60 bp	33.2 bp −$33	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx DRAM/USDC	0.0000%	1h	62.422	−0.012%	$441K	$502K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.430	0.000%	$1K	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.440	+0.016%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0003%	8h	62.405	−0.041%	$36K	$174K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.402	−0.044%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.436	+0.010%	$1.0M	$1.1M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.400	−0.048%	$49K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	−0.096%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.397	−0.053%	$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-USDshort	+0.0050%	1h	62.425	−0.008%	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.370	−0.096%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.410	−0.032%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0066%	4h	62.390	−0.065%	$151K	$299K	20x	as long as short
Bitget DRAMUSDT	+0.0073%	8h	62.440	+0.016%	$26.2M	$13.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0084%	8h	62.411	−0.030%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0088%	1h	62.436	+0.010%	$81.8M	$35.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0099%	8h	62.450	+0.032%	$5.5M	$4.5M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	62.382	−0.076%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	62.430	long leg	$3.0M	$394K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.016%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.016%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.440	+0.016%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0134%	8h	62.480	+0.080%	$9.7M	$9.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.160%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0155%	1h	62.401	−0.046%	$183K	$441K	25x	as long as short
Aster DRAMUSDT	+0.0249%	8h	62.426	−0.007%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0318%	8h	62.423	−0.010%	$2.4M	$747K	—	as long as short
Extended DRAM-USD	+0.0360%	1h	62.418	−0.020%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0364%	8h	62.450	+0.032%	$44.9M	$80.1M	50x	as long as short
MEXC DRAM_USDT	+0.0365%	8h	62.440	+0.016%	$8.9M	$5.5M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.410	−0.032%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0397%	8h	62.460	+0.048%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0635%	8h	62.460	+0.048%	$8.2M	$3.5M	75x	as long as short