Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.020%

Price spread now: KuCoin against tradeXYZ−0.005%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$960.959% of the position

Long on tradeXYZ Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days+0.007%+$1 · spread now −0.005%, 7d avg +0.026%

Together, before fees−0.025%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.031% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	62.393	0.0174	pay 0.0022% / 1h	0m 27s	$81.9M	$36.0M	20x
Short	KuCoin DRAMUSDTM	62.390	0.0100	get 0.0100% / 8h	5h 00m	$3.0M	$389K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against tradeXYZ. 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 tradeXYZbpFee KuCoinbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$15.59
Price spread: −0.005% → +0.026%: −$3.09
Slippage, 4 orders: −$65.85
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$114.53
Costs to cover: 0.959%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 9 min ago; KuCoin: live order book, 2 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 tradeXYZ live order book, 9 min ago	0.56 bp	10.3 bp −$10	12.2 bp −$122	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	0.80 bp	33.9 bp −$34	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/USDC	0.0000%	1h	62.405	+0.019%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.400	+0.011%	$868	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.370	−0.037%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.420	+0.043%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	62.385	−0.012%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.380	−0.021%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	−0.037%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.382	−0.018%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.407	+0.022%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.085%	$1.1M	$2.2M	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	62.390	−0.005%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0060%	4h	62.403	+0.016%	$151K	$298K	20x	as long as short
Entropy io:DRAM	+0.0095%	1h	62.357	−0.058%	$246K	$413K	25x	as long as short
Lighter DRAM	+0.0096%	1h	62.397	+0.006%	$970K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.418	+0.041%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTMshort	+0.0100%	8h	62.390	−0.005%	$3.0M	$389K	20x
ApeX Omni DRAMUSDT	+0.0100%	1h	62.430	+0.059%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.430	+0.059%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.423	+0.048%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0109%	8h	62.420	+0.043%	$26.3M	$13.2M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0115%	8h	62.394	+0.001%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0124%	8h	62.401	+0.012%	$37K	$163K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0167%	8h	62.420	+0.043%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAMlong	+0.0174%	1h	62.393	long leg	$81.9M	$36.0M	20x
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.566%	$534K	$74K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.390	−0.005%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0241%	8h	62.454	+0.098%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0355%	8h	62.418	+0.041%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0433%	8h	62.402	+0.015%	$2.4M	$717K	—	as long as short
Extended DRAM-USD	+0.0472%	1h	62.392	−0.002%	$76K	$637K	10x	as long as short
Binance DRAMUSDT	+0.0472%	8h	62.420	+0.043%	$45.0M	$80.8M	50x	as long as short
MEXC DRAM_USDT	+0.0473%	8h	62.410	+0.027%	$9.3M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0580%	8h	62.450	+0.091%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0669%	8h	62.420	+0.043%	$302K	$26K	20x	as long as short