Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Paradex against SoDEX+0.042%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.042% dearer against SoDEX than usual: you sell high and buy low: +$4 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	61.975	0.0050	pay 0.0006% / 1h	40m 47s	$2K	$15K	20x
Short	Paradex DRAM-USD-PERP	62.001	0.0082	get 0.0082% / 8h	3h 40m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.042%Rate

Funding earned: $6.68
Price spread: +0.042% → 0.000%: $4.24
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$1.08
Costs to cover: 0.120%
Break-even: 8.1 days

Slippage unknown: SoDEX: no order-book sample; Paradex: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

SoDEX and Paradex: 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	61.984	+0.014%	$436K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.970	−0.008%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.020	+0.073%	$36K	$182K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.970	−0.008%	$558	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.960	−0.024%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.980	+0.008%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.970	−0.008%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.010	+0.057%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.990	+0.024%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.010	+0.056%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.970	−0.008%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.997	+0.035%	$165K	$455K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.960	−0.024%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USDlong	+0.0050%	1h	61.975	long leg	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.950	−0.040%	$1.1M	$2.4M	10x	as long as short
edgeX DRAMUSDC	+0.0061%	4h	62.013	+0.061%	$150K	$297K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0067%	8h	61.980	+0.008%	$5.4M	$4.5M	50x	as long as short
Paradex DRAM-USD-PERPshort	+0.0082%	8h	62.001	+0.042%	—	—	5x
Bybit DRAMUSDT	+0.0095%	8h	61.970	−0.008%	$9.7M	$9.7M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.996	+0.033%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.930	−0.073%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.050	+0.121%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.990	+0.024%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.983	+0.014%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.218%	$533K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0130%	1h	61.931	−0.071%	$81.0M	$35.6M	20x	as long as short
Lighter DRAM	+0.0152%	1h	61.975	0.000%	$1.0M	$1.2M	20x	as long as short
Aster DRAMUSDT	+0.0178%	8h	61.969	−0.009%	$199K	$35K	20x	as long as short
Variational Omni DRAM	+0.0236%	8h	61.984	+0.015%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0277%	8h	62.000	+0.040%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0292%	8h	61.941	−0.055%	$44.4M	$80.6M	50x	as long as short
MEXC DRAM_USDT	+0.0294%	8h	61.940	−0.056%	$8.2M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0296%	1h	61.921	−0.086%	$76K	$657K	10x	as long as short
Gate DRAM_USDT	+0.0530%	8h	61.990	+0.024%	$8.1M	$3.5M	75x	as long as short