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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.014%
Price spread now: Extended against RISEx−0.005%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$130.129% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.005%, 7d avg −0.034%
Together, before fees−0.070%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Extended is 0.028% dearer against RISEx than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx DRAM/USDC60.8690get 0.0000% / 1h8m 57s$421K$340K20x
ShortExtended DRAM-USD60.8660.0016get 0.0002% / 1h8m 57s$74K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$3.36
Price spread: −0.005% → −0.034%
$2.83
Slippage, 4 orders
−$1.88
Fee RISEx: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$6.69
Costs to cover
0.129%
Break-even
20.9 days
Slippage from RISEx: live order book, 29 min ago; Extended: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 29 min ago0.08 bp3.1 bp −$34.3 bp −$43doesn't fitdoesn't fit
Sell Extended live order book, 27 min ago0.41 bp3.4 bp −$37.1 bp −$71doesn't fitdoesn't fit

DRAM on 34 venues

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−0.0765%8h60.930+0.100%$26.6M$15.1M20xas long as short
Aster DRAMUSDT0.0000%8h60.893+0.039%$195K$38K20xas long as short
RISEx DRAM/USDClong0.0000%1h60.869long leg$421K$340K20x
Gate DRAM_USDT0.0000%8h60.930+0.100%$8.0M$3.8M75xas long as short
Variational Omni DRAM0.0000%8h60.847−0.036%$2.3M$589Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.880+0.018%$36K$209K10xas long as short
SunX DRAM-USDT0.0000%8h60.880+0.018%$720$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.880+0.018%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.900+0.051%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0012%8h60.890+0.034%$5.4M$6.0M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DRAM-USDshort+0.0016%1h60.866−0.005%$74K$198K10x
Binance DRAMUSDT+0.0018%8h60.880+0.018%$43.8M$89.1M50xas long as short
MEXC DRAM_USDT+0.0018%8h60.870+0.001%$8.4M$5.7M100xas long as short
Bybit DRAMUSDT+0.0024%8h60.906+0.061%$9.6M$10.4M100xas long as short
Aftermath Perps DRAMUSD+0.0038%1h60.859−0.017%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.840−0.048%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.870+0.001%$991K$84K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.860−0.015%10xas long as short
BloFin DRAM-USDT+0.0047%8h60.890+0.034%$297K$26K20xas long as short
Entropy io:DRAM+0.0050%1h60.837−0.053%$179K$479K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.849−0.033%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.885+0.026%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.830−0.064%$1.1M$3.5M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0079%1h60.870+0.001%$13K$3K20xas long as short
Paradex DRAM-USD-PERP+0.0096%8h60.876+0.012%5xas long as short
edgeX DRAMUSDC+0.0100%4h60.849−0.033%$147K$298K20xas long as short
Pacifica DRAM+0.0100%1h60.887+0.030%$73K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.860−0.015%$3.0M$421K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.870+0.001%$21K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.880+0.018%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.874+0.008%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.940+0.116%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0181%1h60.836−0.054%$78.7M$35.7M20xas long as short
Lighter DRAM+0.0360%1h60.903+0.056%$1.1M$1.2M20xas long as short