Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0218%/8h= +23.8% APRpaid last 24h +0.035%

Price spread now: Bybit against SoDEX+0.055%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.055% dearer against SoDEX than usual: you sell high and buy low: +$5 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	SoDEX DRAM-USD	62.216	0.0050	pay 0.0006% / 1h	28m 19s	$2K	$15K	20x
Short	Bybit DRAMUSDT	62.250	0.0268	get 0.0268% / 8h	5h 28m	$9.7M	$10.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SoDEX. 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 SoDEXbpFee BybitbpOrdersPrice spread, now +0.055%Rate

Funding earned: $45.7
Price spread: +0.055% → 0.000%: $5.46
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $32.16
Costs to cover: 0.190%
Break-even: 2.1 days

Slippage unknown: SoDEX: no order-book sample; Bybit: live order book, 5 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	0.80 bp	7.9 bp −$8	11.6 bp −$116	146.2 bp −$14.6K	doesn't fit

SoDEX: 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
RISEx DRAM/USDC	0.0000%	1h	62.214	−0.003%	$441K	$506K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.210	−0.010%	$958	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.240	+0.039%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.260	+0.071%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	62.203	−0.021%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.220	+0.006%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.190	−0.042%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.205	−0.018%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USDlong	+0.0050%	1h	62.216	long leg	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.130	−0.138%	$1.2M	$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	62.200	−0.026%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0063%	1h	62.182	−0.055%	$251K	$422K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0072%	1h	62.200	−0.026%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	62.261	+0.072%	$151K	$298K	20x	as long as short
Bitget DRAMUSDT	+0.0078%	8h	62.220	+0.006%	$26.2M	$13.2M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.210	−0.010%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.220	+0.006%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.210	−0.010%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.240	+0.039%	$9K	—	10x	as long as short
Lighter DRAM	+0.0104%	1h	62.192	−0.039%	$967K	$1.0M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.239	+0.037%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0134%	8h	62.198	−0.028%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0166%	8h	62.270	+0.087%	$37K	$157K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0178%	1h	62.202	−0.023%	$81.7M	$37.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.283%	$534K	$76K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0192%	8h	62.230	+0.023%	$5.5M	$4.4M	50x	as long as short
Bybit DRAMUSDTshort	+0.0268%	8h	62.250	+0.055%	$9.7M	$10.1M	100x
Aster DRAMUSDT	+0.0394%	8h	62.240	+0.039%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0480%	8h	62.252	+0.058%	$2.4M	$715K	—	as long as short
Extended DRAM-USD	+0.0512%	1h	62.203	−0.022%	$75K	$669K	10x	as long as short
MEXC DRAM_USDT	+0.0515%	8h	62.220	+0.006%	$9.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0515%	8h	62.220	+0.006%	$44.7M	$81.7M	50x	as long as short
Gate DRAM_USDT	+0.0540%	8h	62.270	+0.087%	$8.1M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0774%	8h	62.250	+0.055%	$301K	$26K	20x	as long as short