Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0353%/8h= −38.7% APRpaid last 24h −0.050%

Price spread now: edgeX against MEXC−0.012%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$170.167% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.012%, 7d avg −0.003%

Together, before fees−0.014%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC DRAM_USDT	62.420	0.0425	pay 0.0425% / 8h	4h 37m	$9.2M	$5.4M	100x
Short	edgeX DRAMUSDC	62.413	0.0072	get 0.0036% / 4h	37m 22s	$151K	$297K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$74.19
Price spread: −0.012% → −0.003%: −$0.89
Slippage, 4 orders: −$7.73
Fee MEXC: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$91.81
Costs to cover: 0.167%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; edgeX: live order book, 21 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 MEXC live order book, 6 min ago	0.80 bp	0.8 bp −$1	0.8 bp −$8	6.1 bp −$613	doesn't fit
Sell edgeX live order book, 21 min ago	2.40 bp	6.9 bp −$7	14.4 bp −$144	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	62.430	+0.016%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.420	0.000%	$730	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.430	+0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	62.388	−0.051%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.425	+0.008%	$970K	$1.0M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.420	0.000%	$49K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.410	−0.016%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.396	−0.038%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.426	+0.010%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.380	−0.064%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.420	0.000%	$1.0M	$78K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.420	0.000%	$13K	$3K	20x	as long as short
edgeX DRAMUSDCshort	+0.0072%	4h	62.413	−0.012%	$151K	$297K	20x
GRVT DRAM_USDT_Perp	+0.0073%	8h	62.460	+0.064%	$37K	$167K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0091%	1h	62.407	−0.021%	$81.8M	$35.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0094%	8h	62.426	+0.009%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.434	+0.022%	$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 DRAMUSDT	+0.0100%	1h	62.440	+0.032%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.450	+0.048%	$9K	—	10x	as long as short
Bitget DRAMUSDT	+0.0104%	8h	62.430	+0.016%	$26.3M	$13.2M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.441	+0.033%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0136%	8h	62.440	+0.032%	$5.5M	$4.4M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.144%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0170%	1h	62.406	−0.022%	$198K	$436K	25x	as long as short
Bybit DRAMUSDT	+0.0195%	8h	62.450	+0.048%	$9.7M	$9.8M	100x	as long as short
Aster DRAMUSDT	+0.0307%	8h	62.448	+0.046%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0393%	8h	62.463	+0.070%	$2.4M	$753K	—	as long as short
Binance DRAMUSDT	+0.0423%	8h	62.430	+0.016%	$45.0M	$80.2M	50x	as long as short
Extended DRAM-USD	+0.0424%	1h	62.414	−0.009%	$75K	$636K	10x	as long as short
MEXC DRAM_USDTlong	+0.0425%	8h	62.420	long leg	$9.2M	$5.4M	100x
BloFin DRAM-USDT	+0.0560%	8h	62.430	+0.016%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0620%	8h	62.460	+0.064%	$8.2M	$3.5M	75x	as long as short