Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h —

Price spread now: Aftermath Perps against Paradex−0.045%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aftermath Perps is 0.045% cheaper against Paradex than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.513	0.0155	pay 0.0155% / 8h	3h 32m	—	—	5x
Short	Aftermath Perps DRAMUSD	61.485	0.0036	get 0.0005% / 1h	32m 18s	$1K	$37K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Paradex. 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 ParadexbpFee Aftermath PerpsbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$24.9
Price spread: −0.045% → 0.000%: −$4.53
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$42.43
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Aftermath Perps: 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 Paradex no order-book sample	—	—	—	—	—
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Paradex and Aftermath 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
Entropy io:DRAM	−0.0030%	1h	61.510	−0.005%	$246K	$509K	25x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.500	−0.021%	$201K	$33K	20x	as long as short
OKX DRAM-USDT-SWAP	0.0000%	8h	61.510	−0.005%	$5.4M	$4.9M	50x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.510	−0.005%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.500	−0.021%	$799	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.490	−0.038%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.500	−0.021%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0033%	4h	61.479	−0.056%	$152K	$288K	20x	as long as short
Variational Omni DRAM	+0.0034%	8h	61.476	−0.061%	$2.4M	$995K	—	as long as short
Aftermath Perps DRAMUSDshort	+0.0036%	1h	61.485	−0.045%	$1K	$37K	5x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.460	−0.086%	—	$797	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0046%	8h	61.501	−0.020%	$35K	$192K	10x	as long as short
Bitget DRAMUSDT	+0.0048%	8h	61.510	−0.005%	$25.9M	$12.6M	20x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.480	−0.054%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.495	−0.030%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.440	−0.119%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0074%	1h	61.520	+0.011%	$1.0M	$68K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.517	+0.006%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.490	−0.038%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.550	+0.060%	$22K	$181K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.520	+0.011%	$8K	—	10x	as long as short
Extended DRAM-USD	+0.0104%	1h	61.492	−0.035%	$99K	$737K	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.505	−0.013%	$4K	—	10x	as long as short
MEXC DRAM_USDT	+0.0107%	8h	61.490	−0.038%	$11.1M	$6.3M	100x	as long as short
Binance DRAMUSDT	+0.0108%	8h	61.500	−0.021%	$43.7M	$82.3M	50x	as long as short
BloFin DRAM-USDT	+0.0120%	8h	61.500	−0.021%	$297K	$26K	20x	as long as short
Bybit DRAMUSDT	+0.0137%	8h	61.530	+0.027%	$9.1M	$10.2M	100x	as long as short
Paradex DRAM-USD-PERPlong	+0.0155%	8h	61.513	long leg	—	—	5x
RISEx DRAM/USDC	+0.0183%	1h	61.510	−0.006%	$471K	$437K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.500	−0.021%	$510K	$43K	20x	as long as short
Lighter DRAM	+0.0248%	1h	61.506	−0.012%	$991K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0295%	1h	61.483	−0.049%	$78.9M	$40.0M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0401%	1h	61.510	−0.005%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0729%	1h	61.500	−0.021%	$50K	$99K	10x	as long as short