Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0567%/8h= −62.1% APRnext payment −$5.67 per $10,000 · paid last 24h —

Price spread now: Bitget against Paradex+0.033%7-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 Bitget

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 pays, funding is against you. Bitget is 0.033% dearer against Paradex than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.200	0.0104	pay 0.0104% / 8h	1h 46m	—	—	5x
Short	Bitget DRAMUSDT	61.220	−0.0463	pay 0.0463% / 8h	1h 46m	$26.0M	$14.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$119.08
Price spread: +0.033% → 0.000%: $3.31
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$131.76
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago	0.82 bp	7.7 bp −$8	17.4 bp −$174	33.0 bp −$3,302	69.4 bp −$34.7K

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
Bitget DRAMUSDTshort	−0.0463%	8h	61.220	+0.033%	$26.0M	$14.5M	20x
Bybit DRAMUSDT	0.0000%	8h	61.221	+0.035%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.206	+0.010%	$424K	$419K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.250	+0.082%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.270	+0.115%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.220	+0.033%	$732	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.170	−0.049%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.240	+0.066%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0012%	4h	61.298	+0.161%	$149K	$299K	20x	as long as short
Aster DRAMUSDT	+0.0026%	8h	61.238	+0.062%	$197K	$35K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps DRAMUSD	+0.0028%	1h	61.238	+0.062%	$1K	$31K	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0030%	8h	61.210	+0.017%	$5.4M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.200	0.000%	$997K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.220	+0.033%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.200	0.000%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.212	+0.020%	$169K	$469K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.187	−0.021%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.225	+0.041%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.160	−0.065%	$1.1M	$3.4M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.220	+0.033%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0083%	8h	61.275	+0.123%	$2.3M	$682K	—	as long as short
tradeXYZ xyz:DRAM	+0.0097%	1h	61.185	−0.024%	$79.2M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.214	+0.024%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.190	−0.016%	$3.0M	$414K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.280	+0.131%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.220	+0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.226	+0.043%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERPlong	+0.0104%	8h	61.200	long leg	—	—	5x
Lighter DRAM	+0.0112%	1h	61.224	+0.040%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0128%	1h	61.190	−0.015%	$74K	$190K	10x	as long as short
BloFin DRAM-USDT	+0.0129%	8h	61.290	+0.148%	$302K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0130%	8h	61.206	+0.011%	$43.8M	$87.3M	50x	as long as short
MEXC DRAM_USDT	+0.0131%	8h	61.200	0.000%	$8.0M	$5.6M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.147%	$525K	$75K	20x	as long as short