Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Phemex−0.229%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.229% cheaper against Phemex than usual: you would sell low and buy high, −$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex DRAMUSDT61.0700get 0.0000% / 8h6h 13m$1.7M$1.3M10x
ShortHTX DRAM-USDT60.9300get 0.0000% / 8h6h 13m$27K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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

Funding earned
$0
Price spread: −0.229% → 0.000%
−$22.92
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$46.92
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 3 min ago3.28 bp40.5 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0012%8h61.090+0.033%$26.7M$16.0M20xas long as short
SunX DRAM-USDT0.0000%8h61.090+0.033%$773$2.4M10xas long as short
HTX DRAM-USDTshort0.0000%8h60.930−0.229%$27K$3K20x
Phemex DRAMUSDTlong0.0000%8h61.070long leg$1.7M$1.3M10x
Bybit DRAMUSDT+0.0023%8h61.110+0.065%$9.5M$10.9M100xas long as short
Aftermath Perps DRAMUSD+0.0035%1h60.980−0.148%$1K$28K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.020−0.082%10xas long as short
QFEX DRAM-USD+0.0048%1h61.0700.000%$996K$97K10xas long as short
Entropy io:DRAM+0.0050%1h61.017−0.087%$417K$1.6M25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.068−0.003%$254K$1.3M10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX DRAM-USD+0.0050%1h61.072+0.003%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.970−0.164%$1.1M$3.5M10xas long as short
edgeX DRAMUSDC+0.0075%4h61.027−0.070%$148K$301K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0078%1h61.080+0.016%$13K$3K20xas long as short
Lighter DRAM+0.0096%1h61.069−0.002%$1.1M$1.4M20xas long as short
Pacifica DRAM+0.0100%1h61.090+0.033%$73K$30K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.040−0.049%$3.0M$415K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.910−0.262%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.080+0.016%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.081+0.018%$4K10xas long as short
RISEx DRAM/USDC+0.0107%1h61.078+0.014%$462K$369K20xas long as short
Paradex DRAM-USD-PERP+0.0114%8h61.084+0.023%5xas long as short
Gate DRAM_USDT+0.0128%8h61.100+0.049%$7.9M$3.7M75xas long as short
OKX DRAM-USDT-SWAP+0.0142%8h61.100+0.049%$5.5M$6.5M50xas long as short
Aster DRAMUSDT+0.0146%8h61.034−0.059%$195K$28K20xas long as short
tradeXYZ xyz:DRAM+0.0163%1h61.057−0.021%$79.3M$37.2M20xas long as short
Variational Omni DRAM+0.0179%8h61.012−0.095%$2.2M$666Kas long as short
MEXC DRAM_USDT+0.0236%8h61.080+0.016%$8.8M$5.5M100xas long as short
Extended DRAM-USD+0.0240%1h61.071+0.002%$99K$298K10xas long as short
Binance DRAMUSDT+0.0241%8h61.080+0.016%$44.4M$94.8M50xas long as short
Coinbase International DRAM-PERP-INTX+0.0280%1h60.850−0.360%$533K$87K20xas long as short
Arcus DRAM-USD+0.0540%1h61.050−0.033%$60K$76K10xas long as short
BloFin DRAM-USDT+0.0566%8h61.100+0.049%$305K$26K20xas long as short
GRVT DRAM_USDT_Perp+0.0697%8h60.943−0.208%$36K$216K10xas long as short