Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0066%/8h= +7.3% APRpaid last 24h −0.014%

Price spread now: Bitget against Aftermath Perps+0.027%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Bitget

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 +$2 a day on $10k at the current rate, and Bitget is 0.027% dearer against Aftermath Perps than usual: you sell high and buy low: +$3 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	Aftermath Perps DRAMUSD	61.554	0.0038	pay 0.0005% / 1h	38m 06s	$1K	$36K	5x
Short	Bitget DRAMUSDT	61.570	0.0104	get 0.0104% / 8h	2h 38m	$25.9M	$12.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aftermath Perps. 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 Aftermath PerpsbpFee BitgetbpOrdersPrice spread, now +0.027%Rate

Funding earned: $13.93
Price spread: +0.027% → 0.000%: $2.68
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$4.39
Costs to cover: 0.210%
Break-even: 9.2 days

Slippage unknown: Aftermath Perps: no order-book sample; Bitget: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	1.62 bp	8.1 bp −$8	14.8 bp −$148	38.0 bp −$3,804	100.7 bp −$50.3K

Aftermath Perps: 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
Gate DRAM_USDT	0.0000%	8h	61.560	+0.011%	$8.1M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.570	+0.027%	$817	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.570	+0.027%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.570	+0.027%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSDlong	+0.0038%	1h	61.554	long leg	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.520	−0.054%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.546	−0.012%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.566	+0.020%	$2K	$15K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0050%	8h	61.560	+0.011%	$5.4M	$4.9M	50x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.490	−0.103%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX DRAMUSDC	+0.0063%	4h	61.565	+0.019%	$152K	$288K	20x	as long as short
Aster DRAMUSDT	+0.0078%	8h	61.506	−0.077%	$201K	$33K	20x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.590	+0.059%	$1.0M	$77K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.515	−0.063%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.540	−0.022%	$3.0M	$483K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.500	−0.087%	$22K	$181K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.590	+0.059%	$8K	—	10x	as long as short
Bitget DRAMUSDTshort	+0.0104%	8h	61.570	+0.027%	$25.9M	$12.6M	20x
Aevo DRAM-PERP	+0.0104%	1h	61.583	+0.048%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0150%	8h	61.565	+0.019%	$2.4M	$1.0M	—	as long as short
GRVT DRAM_USDT_Perp	+0.0159%	8h	61.570	+0.027%	$36K	$192K	10x	as long as short
Bybit DRAMUSDT	+0.0159%	8h	61.600	+0.076%	$9.1M	$10.2M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0163%	8h	61.571	+0.028%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0167%	1h	61.558	+0.007%	$78.9M	$39.6M	20x	as long as short
BloFin DRAM-USDT	+0.0188%	8h	61.580	+0.043%	$295K	$26K	20x	as long as short
Entropy io:DRAM	+0.0209%	1h	61.531	−0.037%	$249K	$503K	25x	as long as short
MEXC DRAM_USDT	+0.0211%	8h	61.570	+0.027%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0213%	8h	61.578	+0.040%	$43.7M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0216%	1h	61.573	+0.032%	$102K	$741K	10x	as long as short
Lighter DRAM	+0.0232%	1h	61.576	+0.037%	$990K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.071%	$510K	$43K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0400%	1h	61.570	+0.027%	$13K	$9K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.576	+0.036%	$474K	$440K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.560	+0.011%	$50K	$96K	10x	as long as short