Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h −0.011%

Price spread now: Aster against Ondo Perps+0.019%7-day average +0.105% · you sell dearer than you buy

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

Long on Ondo Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.019%, 7d avg +0.105%

Together, before fees+0.085%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.086% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.105%). If the spread goes back, that is −$9 on $10k: about 4.7 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps DRAM-USD.P	61.730	0.0050	pay 0.0006% / 1h	4m 28s	$1.2M	$1.7M	10x
Short	Aster DRAMUSDT	61.742	0.0111	get 0.0111% / 8h	1h 04m	$199K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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 Ondo PerpsbpFee AsterbpOrdersPrice spread, now +0.019%Rate

Funding earned: $12.76
Price spread: +0.019% → +0.105%: −$8.59
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$8.83
Costs to cover: 0.130%
Break-even: 11.8 days

Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 12 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 12 min ago	3.24 bp	7.2 bp −$7	9.0 bp −$90	225.5 bp −$22.5K	doesn't fit

Ondo Perps: 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	61.820	+0.146%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.790	+0.097%	$885	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.760	+0.049%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.800	+0.113%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	0.0000%	4h	61.763	+0.053%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.768	+0.062%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.740	+0.016%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.717	−0.021%	$260K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.776	+0.075%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.787	+0.092%	$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.Plong	+0.0050%	1h	61.730	long leg	$1.2M	$1.7M	10x
QFEX DRAM-USD	+0.0052%	1h	61.780	+0.081%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.742	+0.019%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.770	+0.065%	$3.0M	$477K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.770	+0.065%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	+0.081%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.800	+0.113%	$4K	—	10x	as long as short
Aster DRAMUSDTshort	+0.0111%	8h	61.742	+0.019%	$199K	$36K	20x
Bitget DRAMUSDT	+0.0118%	8h	61.820	+0.146%	$26.0M	$12.4M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0121%	8h	61.820	+0.146%	$5.4M	$4.6M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0139%	8h	61.782	+0.084%	$36K	$181K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0155%	8h	61.790	+0.097%	—	—	5x	as long as short
Variational Omni DRAM	+0.0201%	8h	61.767	+0.059%	$2.4M	$938K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.243%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0243%	8h	61.848	+0.191%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0244%	8h	61.800	+0.113%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0245%	8h	61.808	+0.127%	$43.9M	$82.8M	50x	as long as short
Extended DRAM-USD	+0.0248%	1h	61.788	+0.094%	$77K	$766K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.801	+0.115%	$456K	$475K	20x	as long as short
Lighter DRAM	+0.0272%	1h	61.802	+0.117%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0286%	1h	61.792	+0.100%	$79.3M	$39.3M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.780	+0.081%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0476%	8h	61.760	+0.049%	$294K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.790	+0.097%	$50K	$91K	10x	as long as short