Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.035%

Price spread now: Pacifica against Phemex+0.065%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.197%+$20 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.065% dearer against Phemex than usual: you sell high and buy low: +$6 more if the spread 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	Phemex DRAMUSDT	62.460	0	get 0.0000% / 8h	7h 03m	$1.8M	$1.3M	10x
Short	Pacifica DRAM	62.501	0.0100	get 0.0013% / 1h	3m 50s	$76K	$41K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee PhemexbpFee PacificabpOrdersPrice spread, now +0.065%Rate

Funding earned: $21
Price spread: +0.065% → 0.000%: $6.5
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $7.5
Costs to cover: 0.200%
Break-even: 4.5 days

Slippage unknown: Phemex: live order book, 4 min ago; Pacifica: 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 Phemex live order book, 4 min ago	3.20 bp	38.9 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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	62.490	+0.048%	$767	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.450	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDTlong	0.0000%	8h	62.460	long leg	$1.8M	$1.3M	10x
Aftermath Perps DRAMUSD	+0.0034%	1h	62.460	0.000%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.430	−0.048%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.463	+0.005%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.455	−0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	−0.096%	$1.2M	$1.9M	10x	as long as short
edgeX DRAMUSDC	+0.0069%	4h	62.481	+0.034%	$151K	$296K	20x	as long as short
Pacifica DRAMshort	+0.0100%	1h	62.501	+0.065%	$76K	$41K	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.450	−0.016%	$3.0M	$420K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.370	−0.144%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.510	+0.080%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.501	+0.066%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.454	−0.010%	$972K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.470	+0.016%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.112%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0226%	1h	62.440	−0.032%	$82.2M	$37.6M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0230%	1h	62.470	+0.016%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0243%	8h	62.502	+0.067%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0249%	8h	62.490	+0.048%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0480%	8h	62.510	+0.080%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0503%	8h	62.373	−0.139%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0520%	1h	62.381	−0.126%	$255K	$448K	25x	as long as short
Variational Omni DRAM	+0.0585%	8h	62.483	+0.038%	$2.4M	$749K	—	as long as short
Bitget DRAMUSDT	+0.0596%	8h	62.460	0.000%	$26.1M	$12.8M	20x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.460	0.000%	$51K	$82K	10x	as long as short
MEXC DRAM_USDT	+0.0624%	8h	62.450	−0.016%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0629%	8h	62.460	0.000%	$45.0M	$81.9M	50x	as long as short
Extended DRAM-USD	+0.0632%	1h	62.447	−0.022%	$76K	$665K	10x	as long as short
Gate DRAM_USDT	+0.0843%	8h	62.500	+0.064%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0980%	8h	62.500	+0.064%	$298K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1049%	8h	62.448	−0.019%	$37K	$153K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.482	+0.035%	$456K	$499K	20x	as long as short