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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: QFEX against Ondo Perps+0.112%7-day average +0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.047%−$5 on $10k
Price spread, last 7 days+0.074%+$7 · spread now +0.112%, 7d avg +0.060%
Together, before fees+0.027%+ Points / potential airdropOndo Perps: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and QFEX is 0.052% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps DRAM-USD.P62.4500.0050pay 0.0006% / 1h24m 59s$1.1M$1.9M10x
ShortQFEX DRAM-USD62.5200.0160get 0.0020% / 1h24m 59s$1.0M$78K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
$23.02
Price spread: +0.112% → +0.060%
$5.22
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
$13.24
Costs to cover
0.150%
Break-even
3.0 days
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell QFEX live order book, 5 min ago2.41 bp7.4 bp −$77.4 bp −$7412.4 bp −$1,235doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDT0.0000%8h62.550+0.160%$1K$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.430−0.032%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.550+0.160%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0011%4h62.503+0.086%$151K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0036%1h62.418−0.051%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.480+0.048%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.507+0.091%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.538+0.141%$2K$15K20xas long as short
Ondo Perps DRAM-USD.Plong+0.0050%1h62.450long leg$1.1M$1.9M10x
Pacifica DRAM+0.0100%1h62.538+0.142%$76K$41K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.440−0.016%$3.0M$431K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.550+0.160%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.550+0.160%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.540+0.144%$4K10xas long as short
Lighter DRAM+0.0120%1h62.518+0.109%$972K$1.3M20xas long as short
QFEX DRAM-USDshort+0.0160%1h62.520+0.112%$1.0M$78K10x
Coinbase International DRAM-PERP-INTX+0.0184%1h62.390−0.096%$540K$96K20xas long as short
Paradex DRAM-USD-PERP+0.0216%8h62.525+0.121%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0230%1h62.500+0.080%$13K$3K20xas long as short
OKX DRAM-USDT-SWAP+0.0233%8h62.550+0.160%$5.5M$4.7M50xas long as short
tradeXYZ xyz:DRAM+0.0246%1h62.509+0.094%$82.1M$39.6M20xas long as short
Aster DRAMUSDT+0.0418%8h62.401−0.079%$201K$36K20xas long as short
Bybit DRAMUSDT+0.0464%8h62.587+0.219%$9.6M$10.5M100xas long as short
Bitget DRAMUSDT+0.0492%8h62.540+0.144%$26.2M$12.9M20xas long as short
Variational Omni DRAM+0.0508%8h62.525+0.120%$2.4M$750Kas long as short
Entropy io:DRAM+0.0532%1h62.391−0.094%$254K$463K25xas long as short
MEXC DRAM_USDT+0.0543%8h62.530+0.128%$9.8M$6.7M100xas long as short
Binance DRAMUSDT+0.0550%8h62.530+0.128%$44.7M$81.9M50xas long as short
Extended DRAM-USD+0.0552%1h62.516+0.106%$76K$769K10xas long as short
Arcus DRAM-USD+0.0606%1h62.440−0.016%$51K$82K10xas long as short
Gate DRAM_USDT+0.0767%8h62.550+0.160%$8.3M$3.5M75xas long as short
GRVT DRAM_USDT_Perp+0.0910%8h62.542+0.148%$37K$155K10xas long as short
BloFin DRAM-USDT+0.0932%8h62.550+0.160%$299K$26K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.529+0.127%$462K$495K20xas long as short