Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h —

Price spread now: Orderly against Paradex−0.018%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 Orderly

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	61.201	0.0103	pay 0.0103% / 8h	1h 44m	—	—	5x
Short	Orderly PERP_DRAM_USDC_mythos	61.190	0.0100	get 0.0100% / 8h	1h 44m	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.018%Rate

Funding earned: −$0.57
Price spread: −0.018% → 0.000%: −$1.85
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$12.41
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Orderly: 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 Orderly no order-book sample	—	—	—	—	—

Paradex and Orderly: 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 DRAMUSDT	−0.0473%	8h	61.200	−0.002%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.179	−0.036%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.210	+0.014%	$424K	$367K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.240	+0.063%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.243	+0.068%	$36K	$200K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.170	−0.051%	$733	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.180	−0.035%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.170	−0.051%	$1.7M	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0023%	8h	61.203	+0.003%	$197K	$35K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.205	+0.007%	$1K	$31K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0029%	8h	61.190	−0.018%	$5.4M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.200	−0.002%	$997K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.200	−0.002%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.190	−0.018%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.200	−0.002%	$169K	$469K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.181	−0.033%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.175	−0.043%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.170	−0.051%	$1.1M	$3.4M	10x	as long as short
Variational Omni DRAM	+0.0076%	8h	61.194	−0.011%	$2.3M	$682K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.160	−0.067%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0090%	4h	61.214	+0.020%	$148K	$299K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0096%	1h	61.138	−0.103%	$79.2M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.235	+0.056%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.170	−0.051%	$3.0M	$414K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.250	+0.080%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythosshort	+0.0100%	8h	61.190	−0.018%	$8K	—	10x
Paradex DRAM-USD-PERPlong	+0.0103%	8h	61.201	long leg	—	—	5x
Aevo DRAM-PERP	+0.0104%	1h	61.184	−0.029%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0117%	8h	61.250	+0.080%	$301K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0125%	8h	61.177	−0.040%	$43.7M	$87.4M	50x	as long as short
MEXC DRAM_USDT	+0.0125%	8h	61.150	−0.084%	$8.0M	$5.6M	100x	as long as short
Lighter DRAM	+0.0128%	1h	61.192	−0.015%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0128%	1h	61.175	−0.043%	$74K	$190K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.149%	$525K	$75K	20x	as long as short