Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0874%/8h= +95.7% APRpaid last 24h —

Price spread now: RISEx against Paradex−0.050%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 RISEx

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 pays, the price is against you. RISEx is 0.050% cheaper against Paradex than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$26 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex DRAM-USD-PERP	62.411	0.0222	pay 0.0222% / 8h	7h 45m	—	—	5x
Short	RISEx DRAM/USDC	62.380	0.1096	get 0.0137% / 1h	45m 13s	$455K	$492K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.050%Rate

Funding earned: $183.56
Price spread: −0.050% → 0.000%: −$5.02
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee RISEx: 3 bp × 2 orders: −$6
Net: $168.53
Costs to cover: 0.100%
Break-even: 0.6 days

Slippage unknown: Paradex: no order-book sample; RISEx: live order book, 28 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 RISEx live order book, 28 min ago	1.37 bp	4.4 bp −$4	4.9 bp −$49	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
SunX DRAM-USDT	0.0000%	8h	62.410	−0.002%	$605	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.380	−0.050%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	−0.002%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0001%	4h	62.288	−0.197%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	62.274	−0.220%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.360	−0.082%	—	—	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.410	−0.002%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.114%	$1.2M	$1.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.390	−0.034%	$13K	$3K	20x	as long as short
Polymarket Perps DRAM-USD	+0.0079%	1h	62.370	−0.066%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DRAM	+0.0100%	1h	62.384	−0.044%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.330	−0.130%	$3.0M	$445K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.440	+0.046%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.420	+0.014%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.421	+0.016%	$4K	—	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.370	−0.066%	$1.0M	$78K	10x	as long as short
Lighter DRAM	+0.0176%	1h	62.413	+0.003%	$980K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.787%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0216%	8h	62.400	−0.018%	$5.5M	$4.7M	50x	as long as short
Paradex DRAM-USD-PERPlong	+0.0222%	8h	62.411	long leg	—	—	5x
Bitget DRAMUSDT	+0.0329%	8h	62.400	−0.018%	$26.3M	$12.8M	20x	as long as short
Aster DRAMUSDT	+0.0351%	8h	62.307	−0.167%	$200K	$36K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0398%	1h	62.372	−0.063%	$81.9M	$39.7M	20x	as long as short
Variational Omni DRAM	+0.0437%	8h	62.395	−0.026%	$2.4M	$766K	—	as long as short
MEXC DRAM_USDT	+0.0481%	8h	62.410	−0.002%	$10.1M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0486%	8h	62.416	+0.008%	$44.6M	$81.7M	50x	as long as short
Extended DRAM-USD	+0.0488%	1h	62.397	−0.023%	$75K	$767K	10x	as long as short
Entropy io:DRAM	+0.0519%	1h	62.274	−0.220%	$254K	$476K	25x	as long as short
Bybit DRAMUSDT	+0.0600%	8h	62.450	+0.062%	$9.6M	$10.5M	100x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.330	−0.130%	$51K	$83K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0670%	8h	62.300	−0.178%	$37K	$164K	10x	as long as short
Gate DRAM_USDT	+0.0727%	8h	62.420	+0.014%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0861%	8h	62.370	−0.066%	$296K	$26K	20x	as long as short
RISEx DRAM/USDCshort	+0.1096%	1h	62.380	−0.050%	$455K	$492K	20x