Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Aster against RISEx+0.051%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$330.335% of the position

Long on RISEx Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.060%−$6 on $10k

Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.051%, 7d avg −0.006%

Together, before fees−0.169%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.057% dearer against RISEx than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	61.025	0	get 0.0000% / 1h	14m 30s	$423K	$351K	20x
Short	Aster DRAMUSDT	61.056	0	get 0.0000% / 8h	1h 14m	$196K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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 RISExbpFee AsterbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → −0.006%: $5.72
Slippage, 4 orders: −$19.48
Fee RISEx: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.76
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from RISEx: live order book, 29 min ago; Aster: live order book, 27 min ago.

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 RISEx live order book, 29 min ago	1.55 bp	4.6 bp −$5	5.8 bp −$58	doesn't fit	doesn't fit
Sell Aster live order book, 27 min ago	2.45 bp	10.5 bp −$10	12.0 bp −$120	doesn't fit	doesn't fit

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	−0.0607%	8h	61.100	+0.122%	$26.1M	$14.7M	20x	as long as short
Aster DRAMUSDTshort	0.0000%	8h	61.056	+0.051%	$196K	$35K	20x
Bybit DRAMUSDT	0.0000%	8h	61.067	+0.068%	$9.4M	$10.3M	100x	as long as short
OKX DRAM-USDT-SWAP	0.0000%	8h	61.050	+0.040%	$5.4M	$5.9M	50x	as long as short
RISEx DRAM/USDClong	0.0000%	1h	61.025	long leg	$423K	$351K	20x
Gate DRAM_USDT	0.0000%	8h	61.100	+0.122%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.134	+0.178%	$36K	$203K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.040	+0.024%	$730	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.020	−0.009%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.050	+0.040%	$1.7M	$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
Variational Omni DRAM	+0.0011%	8h	61.034	+0.015%	$2.3M	$683K	—	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.066	+0.066%	$1K	$30K	5x	as long as short
edgeX DRAMUSDC	+0.0031%	4h	61.104	+0.129%	$148K	$299K	20x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.020	−0.009%	$994K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.050	+0.040%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.030	+0.008%	—	—	10x	as long as short
BloFin DRAM-USDT	+0.0048%	8h	61.050	+0.040%	$298K	$26K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.025	0.000%	$180K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.019	−0.010%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.045	+0.032%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.990	−0.058%	$1.1M	$3.5M	10x	as long as short
Extended DRAM-USD	+0.0064%	1h	61.008	−0.029%	$74K	$190K	10x	as long as short
Binance DRAMUSDT	+0.0066%	8h	61.037	+0.019%	$43.7M	$88.0M	50x	as long as short
MEXC DRAM_USDT	+0.0067%	8h	61.020	−0.009%	$8.0M	$5.7M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0078%	1h	61.030	+0.008%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0085%	8h	61.016	−0.015%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0097%	1h	61.019	−0.010%	$79.0M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.038	+0.022%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.000	−0.041%	$3.0M	$418K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.110	+0.139%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.030	+0.008%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.045	+0.032%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.139%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0224%	1h	61.052	+0.044%	$1.1M	$1.2M	20x	as long as short