Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0038%/8h= −4.1% APRpaid last 24h +0.045%

Price spread now: Gate against Aftermath Perps+0.031%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 Gate

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

The price spread pays, funding is against you. Gate is 0.031% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps DRAMUSD	61.561	0.0038	pay 0.0005% / 1h	36m 12s	$1K	$36K	5x
Short	Gate DRAM_USDT	61.580	0	get 0.0000% / 8h	2h 36m	$8.2M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.031%Rate

Funding earned: −$7.92
Price spread: +0.031% → 0.000%: $3.13
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$28.79
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago	1.62 bp	13.9 bp −$14	19.8 bp −$198	25.0 bp −$2,503	53.2 bp −$26.6K

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_USDTshort	0.0000%	8h	61.580	+0.031%	$8.2M	$3.5M	75x
SunX DRAM-USDT	0.0000%	8h	61.590	+0.048%	$901	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.570	+0.015%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.590	+0.048%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0009%	4h	61.562	+0.003%	$152K	$289K	20x	as long as short
Aftermath Perps DRAMUSDlong	+0.0038%	1h	61.561	long leg	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.540	−0.034%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.567	+0.010%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.585	+0.039%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.490	−0.115%	$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
OKX DRAM-USDT-SWAP	+0.0053%	8h	61.590	+0.048%	$5.4M	$4.9M	50x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.590	+0.048%	$1.0M	$77K	10x	as long as short
Aster DRAMUSDT	+0.0083%	8h	61.516	−0.072%	$201K	$33K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.524	−0.060%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.540	−0.034%	$3.0M	$483K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.500	−0.099%	$22K	$181K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.590	+0.048%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.597	+0.058%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0106%	8h	61.580	+0.031%	$25.9M	$12.6M	20x	as long as short
Variational Omni DRAM	+0.0150%	8h	61.565	+0.007%	$2.4M	$1.0M	—	as long as short
GRVT DRAM_USDT_Perp	+0.0159%	8h	61.570	+0.015%	$36K	$192K	10x	as long as short
Bybit DRAMUSDT	+0.0161%	8h	61.620	+0.096%	$9.2M	$10.2M	100x	as long as short
Paradex DRAM-USD-PERP	+0.0162%	8h	61.586	+0.041%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0166%	1h	61.561	0.000%	$79.0M	$39.6M	20x	as long as short
BloFin DRAM-USDT	+0.0200%	8h	61.590	+0.048%	$295K	$26K	20x	as long as short
Entropy io:DRAM	+0.0208%	1h	61.541	−0.032%	$249K	$503K	25x	as long as short
MEXC DRAM_USDT	+0.0214%	8h	61.580	+0.031%	$11.1M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0216%	1h	61.578	+0.028%	$102K	$741K	10x	as long as short
Binance DRAMUSDT	+0.0216%	8h	61.586	+0.041%	$43.7M	$82.6M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.082%	$510K	$43K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.596	+0.057%	$990K	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0400%	1h	61.590	+0.048%	$13K	$9K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.585	+0.040%	$474K	$440K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.580	+0.031%	$50K	$96K	10x	as long as short