Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.3% APRnext payment −$0.11 per $10,000 · paid last 24h —

Price spread now: KuCoin against Paradex+0.005%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 KuCoin

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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.587	0.0111	pay 0.0111% / 8h	3h 03m	—	—	5x
Short	KuCoin DRAMUSDTM	61.590	0.0100	get 0.0100% / 8h	3h 03m	$3.0M	$399K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$2.41
Price spread: +0.005% → 0.000%: $0.52
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$17.89
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 9 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 KuCoin live order book, 9 min ago	0.81 bp	35.0 bp −$35	doesn't fit	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	61.572	−0.024%	$433K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.600	+0.021%	$26.0M	$13.8M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.580	−0.011%	$37K	$189K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.600	+0.021%	$779	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.590	+0.005%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.660	+0.119%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0015%	4h	61.519	−0.110%	$149K	$298K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0025%	1h	61.595	+0.013%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.610	+0.038%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.570	−0.027%	$48K	$77K	10x	as long as short

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	61.580	−0.011%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.581	−0.009%	$170K	$465K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.618	+0.051%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.621	+0.056%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.510	−0.125%	$1.1M	$2.5M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0053%	8h	61.600	+0.021%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0063%	8h	61.620	+0.054%	$9.5M	$9.9M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.596	+0.014%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	61.590	+0.005%	$3.0M	$399K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	61.600	+0.021%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.650	+0.103%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.643	+0.091%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.510	−0.125%	$528K	$74K	20x	as long as short
Paradex DRAM-USD-PERPlong	+0.0111%	8h	61.587	long leg	—	—	5x
Aster DRAMUSDT	+0.0126%	8h	61.603	+0.026%	$198K	$35K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0143%	1h	61.574	−0.021%	$80.1M	$35.6M	20x	as long as short
Variational Omni DRAM	+0.0186%	8h	61.614	+0.045%	$2.4M	$618K	—	as long as short
Lighter DRAM	+0.0208%	1h	61.588	+0.002%	$1.1M	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0214%	8h	61.650	+0.103%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0239%	8h	61.594	+0.012%	$44.1M	$82.4M	50x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.562	−0.040%	$75K	$239K	10x	as long as short
MEXC DRAM_USDT	+0.0241%	8h	61.580	−0.011%	$9.0M	$5.7M	100x	as long as short
Gate DRAM_USDT	+0.0321%	8h	61.650	+0.103%	$8.1M	$3.6M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.630	+0.070%	$13K	$3K	20x	as long as short