Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h —

Price spread now: Coinbase International against Paradex−0.626%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 Coinbase International

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.626% cheaper against Paradex than usual: you would sell low and buy high, −$63 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.968	0.0186	pay 0.0186% / 8h	38m 09s	—	—	5x
Short	Coinbase International DRAM-PERP-INTX	61.580	0.0192	get 0.0024% / 1h	38m 09s	$510K	$43K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.626%Rate

Funding earned: $1.35
Price spread: −0.626% → 0.000%: −$62.63
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$75.28
Costs to cover: 0.140%
Break-even: 398.3 days

Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 40 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 Coinbase International live order book, 40 min ago	3.24 bp	8.2 bp −$8	12.6 bp −$126	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
Gate DRAM_USDT	0.0000%	8h	61.970	+0.003%	$8.3M	$3.4M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.960	−0.013%	$764	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.910	−0.094%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.800	−0.271%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0006%	4h	61.964	−0.007%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	61.984	+0.025%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.920	−0.078%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.944	−0.039%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.961	−0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.920	−0.078%	$1.2M	$1.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.950	−0.029%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.972	+0.006%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.930	−0.061%	$3.0M	$475K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.860	−0.174%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.980	+0.019%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.971	+0.005%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0150%	8h	61.950	−0.029%	$26.0M	$12.7M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0151%	8h	61.970	+0.003%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERPlong	+0.0186%	8h	61.968	long leg	—	—	5x
Coinbase International DRAM-PERP-INTXshort	+0.0192%	1h	61.580	−0.626%	$510K	$43K	20x
Aster DRAMUSDT	+0.0193%	8h	61.977	+0.014%	$199K	$36K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.950	−0.029%	$977K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0204%	8h	61.980	+0.020%	$36K	$172K	10x	as long as short
Variational Omni DRAM	+0.0276%	8h	61.967	−0.001%	$2.4M	$947K	—	as long as short
Bybit DRAMUSDT	+0.0282%	8h	61.988	+0.032%	$9.3M	$10.5M	100x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	61.969	+0.001%	$457K	$475K	20x	as long as short
MEXC DRAM_USDT	+0.0322%	8h	61.950	−0.029%	$11.2M	$6.5M	100x	as long as short
Binance DRAMUSDT	+0.0328%	8h	61.965	−0.006%	$43.8M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0328%	1h	61.955	−0.021%	$77K	$766K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0331%	1h	61.955	−0.021%	$80.4M	$39.7M	20x	as long as short
Entropy io:DRAM	+0.0342%	1h	61.922	−0.074%	$260K	$502K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0558%	1h	61.950	−0.029%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0581%	8h	61.980	+0.019%	$253K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.950	−0.029%	$50K	$89K	10x	as long as short