Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h —

Price spread now: ApeX Omni against Paradex+0.001%50s7-day average — · you sell dearer than you buy

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

Long on Paradex Short on ApeX Omni

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.760	0.0109	pay 0.0109% / 8h	3h 14m	—	—	5x
Short	ApeX Omni DRAMUSDT	61.760	0.0100	get 0.0013% / 1h	14m 26s	$22K	$184K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.001%Rate

Funding earned: −$1.92
Price spread: +0.001% → 0.000%: $0.06
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$15.86
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 37 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 Paradex no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 37 min ago	22.53 bp	47.7 bp −$48	208.6 bp −$2,086	doesn't fit	doesn't fit

Paradex: 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
RISEx DRAM/USDC	0.0000%	1h	61.764	+0.007%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.780	+0.033%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.779	+0.032%	$36K	$188K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.830	+0.114%	$710	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.800	+0.065%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.800	+0.065%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.760	0.000%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.760	+0.001%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.770	+0.017%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.730	−0.048%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.746	−0.022%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.740	−0.032%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.785	+0.041%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.720	−0.064%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.780	+0.033%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0071%	8h	61.792	+0.052%	$9.6M	$9.9M	100x	as long as short
edgeX DRAMUSDC	+0.0083%	4h	61.763	+0.006%	$150K	$299K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.745	−0.024%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.740	−0.032%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.760	+0.001%	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	+0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.767	+0.012%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	−0.064%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERPlong	+0.0109%	8h	61.760	long leg	—	—	5x
tradeXYZ xyz:DRAM	+0.0131%	1h	61.735	−0.040%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0140%	8h	61.760	+0.001%	$199K	$35K	20x	as long as short
Variational Omni DRAM	+0.0197%	8h	61.824	+0.105%	$2.4M	$739K	—	as long as short
Lighter DRAM	+0.0208%	1h	61.767	+0.012%	$1.1M	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0226%	8h	61.830	+0.114%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.765	+0.008%	$44.2M	$81.7M	50x	as long as short
MEXC DRAM_USDT	+0.0255%	8h	61.760	+0.001%	$8.2M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.751	−0.014%	$75K	$239K	10x	as long as short
Gate DRAM_USDT	+0.0389%	8h	61.800	+0.065%	$8.1M	$3.6M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.750	−0.016%	$13K	$3K	20x	as long as short