Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.053%

Price spread now: KuCoin against RISEx−0.028%7-day average −0.040% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$800.800% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.028%, 7d avg −0.040%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	62.238	0	get 0.0000% / 1h	24m 07s	$442K	$506K	20x
Short	KuCoin DRAMUSDTM	62.220	0.0100	get 0.0100% / 8h	5h 24m	$3.0M	$400K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.028%Rate

Funding earned: $21
Price spread: −0.028% → −0.040%: $1.13
Slippage, 4 orders: −$62.03
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$57.9
Costs to cover: 0.800%
Break-even: 26.3 days

Slippage from RISEx: live order book, 39 min ago; KuCoin: live order book, 3 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, 39 min ago	1.37 bp	4.4 bp −$4	5.2 bp −$52	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	0.80 bp	36.8 bp −$37	doesn't fit	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
RISEx DRAM/USDClong	0.0000%	1h	62.238	long leg	$442K	$506K	20x
SunX DRAM-USDT	0.0000%	8h	62.260	+0.036%	$895	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.240	+0.004%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.280	+0.068%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	62.224	−0.022%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.210	−0.044%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.190	−0.076%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.230	−0.012%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.244	+0.010%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.160	−0.125%	$1.1M	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.230	−0.012%	$1.0M	$78K	10x	as long as short
Bitget DRAMUSDT	+0.0063%	8h	62.280	+0.068%	$26.3M	$13.2M	20x	as long as short
Entropy io:DRAM	+0.0066%	1h	62.183	−0.088%	$251K	$411K	25x	as long as short
edgeX DRAMUSDC	+0.0093%	4h	62.192	−0.074%	$151K	$296K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.242	+0.006%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	62.220	−0.028%	$3.0M	$400K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	62.210	−0.044%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.260	+0.036%	$9K	—	10x	as long as short
Lighter DRAM	+0.0104%	1h	62.251	+0.022%	$967K	$1.0M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.262	+0.039%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0129%	8h	62.222	−0.024%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0153%	8h	62.233	−0.007%	$36K	$158K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0174%	1h	62.247	+0.015%	$81.7M	$36.5M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.317%	$534K	$74K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0188%	8h	62.280	+0.068%	$5.5M	$4.4M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.250	+0.020%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0254%	8h	62.299	+0.099%	$9.7M	$10.1M	100x	as long as short
Aster DRAMUSDT	+0.0387%	8h	62.261	+0.038%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0469%	8h	62.222	−0.025%	$2.4M	$717K	—	as long as short
Extended DRAM-USD	+0.0504%	1h	62.244	+0.010%	$75K	$669K	10x	as long as short
Binance DRAMUSDT	+0.0507%	8h	62.270	+0.052%	$44.7M	$81.6M	50x	as long as short
MEXC DRAM_USDT	+0.0508%	8h	62.260	+0.036%	$9.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0530%	8h	62.300	+0.100%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0751%	8h	62.230	−0.012%	$302K	$26K	20x	as long as short