Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.036%

Price spread now: Gate against Aevo+0.077%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Gate is 0.077% dearer against Aevo than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	60.993	0.0104	pay 0.0013% / 1h	42m 39s	$4K	—	10x
Short	Gate DRAM_USDT	61.040	0	get 0.0000% / 8h	42m 39s	$8.0M	$3.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aevo. 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 AevobpFee GatebpOrdersPrice spread, now +0.077%Rate

Funding earned: −$21.84
Price spread: +0.077% → 0.000%: $7.69
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$45.15
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Gate: live order book, 1 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 Aevo no order-book sample	—	—	—	—	—
Sell Gate live order book, 1 min ago	2.46 bp	16.4 bp −$16	23.8 bp −$238	27.7 bp −$2,769	58.9 bp −$29.4K

Aevo: 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
Bitget DRAMUSDT	−0.0757%	8h	61.030	+0.061%	$26.4M	$15.0M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.001	+0.013%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.043	+0.082%	$9.5M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.007	+0.022%	$422K	$344K	20x	as long as short
Gate DRAM_USDTshort	0.0000%	8h	61.040	+0.077%	$8.0M	$3.7M	75x
Variational Omni DRAM	0.0000%	8h	60.983	−0.016%	$2.3M	$582K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.949	−0.073%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.010	+0.028%	$630	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.950	−0.071%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.000	+0.011%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0005%	8h	61.030	+0.061%	$5.4M	$6.0M	50x	as long as short
Extended DRAM-USD	+0.0032%	1h	60.974	−0.032%	$77K	$196K	10x	as long as short
MEXC DRAM_USDT	+0.0033%	8h	60.990	−0.005%	$7.7M	$5.7M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0033%	1h	60.969	−0.040%	$1K	$30K	5x	as long as short
Binance DRAMUSDT	+0.0034%	8h	60.996	+0.004%	$43.7M	$88.6M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.950	−0.071%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	61.000	+0.011%	$993K	$84K	10x	as long as short
BloFin DRAM-USDT	+0.0040%	8h	61.040	+0.077%	$298K	$26K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.970	−0.038%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.923	−0.115%	$179K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.976	−0.028%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.000	+0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.950	−0.071%	$1.1M	$3.5M	10x	as long as short
edgeX DRAMUSDC	+0.0052%	4h	60.971	−0.036%	$148K	$299K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0095%	8h	60.987	−0.011%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.010	+0.028%	$73K	$39K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.950	−0.071%	$3.0M	$421K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.900	−0.153%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.000	+0.011%	$8K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	60.993	long leg	$4K	—	10x
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.910	−0.136%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0178%	1h	60.986	−0.012%	$78.9M	$36.0M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0242%	1h	60.990	−0.005%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0344%	1h	60.994	+0.002%	$1.1M	$1.2M	20x	as long as short