Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.020%

Price spread now: tradeXYZ against KuCoin−0.013%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$900.897% of the position

Long on KuCoin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days+0.011%+$1 · spread now −0.013%, 7d avg −0.026%

Together, before fees+0.043%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, 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	62.390	0.0100	pay 0.0100% / 8h	5h 00m	$3.0M	$389K	20x
Short	tradeXYZ xyz:DRAM	62.382	0.0174	get 0.0022% / 1h	0m 49s	$81.9M	$36.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.013%Rate

Funding earned: $15.57
Price spread: −0.013% → −0.026%: $1.33
Slippage, 4 orders: −$59.68
Fee KuCoin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$72.79
Costs to cover: 0.897%
Break-even: 39.7 days

Slippage from KuCoin: live order book, 6 min ago; tradeXYZ: 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 KuCoin live order book, 6 min ago	0.80 bp	35.3 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 9 min ago	0.56 bp	9.7 bp −$10	11.9 bp −$119	doesn't fit	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
RISEx DRAM/USDC	0.0000%	1h	62.404	+0.023%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.400	+0.016%	$868	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.370	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.420	+0.048%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	62.367	−0.036%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.370	−0.032%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.350	−0.064%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.376	−0.022%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.407	+0.027%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.080%	$1.1M	$2.2M	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	+0.0055%	1h	62.390	0.000%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0060%	4h	62.403	+0.021%	$151K	$298K	20x	as long as short
Entropy io:DRAM	+0.0095%	1h	62.357	−0.053%	$246K	$413K	25x	as long as short
Lighter DRAM	+0.0096%	1h	62.397	+0.011%	$970K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.418	+0.046%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTMlong	+0.0100%	8h	62.390	long leg	$3.0M	$389K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	62.430	+0.064%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.420	+0.048%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.422	+0.051%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0107%	8h	62.420	+0.048%	$26.3M	$13.2M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0116%	8h	62.393	+0.004%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0124%	8h	62.401	+0.017%	$37K	$163K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0167%	8h	62.430	+0.064%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAMshort	+0.0174%	1h	62.382	−0.013%	$81.9M	$36.0M	20x
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.561%	$534K	$74K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.390	0.000%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0241%	8h	62.450	+0.096%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0355%	8h	62.442	+0.083%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0433%	8h	62.402	+0.020%	$2.4M	$717K	—	as long as short
Extended DRAM-USD	+0.0472%	1h	62.402	+0.019%	$76K	$637K	10x	as long as short
Binance DRAMUSDT	+0.0472%	8h	62.410	+0.032%	$44.9M	$80.8M	50x	as long as short
MEXC DRAM_USDT	+0.0475%	8h	62.430	+0.064%	$9.3M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0579%	8h	62.460	+0.112%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0669%	8h	62.420	+0.048%	$302K	$26K	20x	as long as short