Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.037%

Price spread now: Gate against ApeX Omni+0.293%51s7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1131.125% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.146%−$15 on $10k

Price spread, last 4 days (all we have)−0.377%−$38 · spread now +0.293%, 7d avg −0.020%

Together, before fees−0.523%−$52 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.312% dearer against ApeX Omni than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.146%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	61.510	0.0100	pay 0.0013% / 1h	56m 29s	$21K	$184K	50x
Short	Gate DRAM_USDT	61.690	0.0285	get 0.0285% / 8h	2h 56m	$8.1M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. 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 ApeX OmnibpFee GatebpOrdersPrice spread, now +0.293%Rate

Funding earned: $38.85
Price spread: +0.293% → −0.020%: $31.22
Slippage, 4 orders: −$87.5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$42.44
Costs to cover: 1.125%
Break-even: 14.6 days

Slippage from ApeX Omni: live order book, 55 min ago; Gate: 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 ApeX Omni live order book, 55 min ago	22.53 bp	35.3 bp −$35	208.5 bp −$2,085	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.62 bp	15.6 bp −$16	25.7 bp −$257	29.9 bp −$2,986	60.1 bp −$30.1K

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	61.664	+0.251%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.690	+0.293%	$26.0M	$13.8M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.490	−0.033%	$36K	$190K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.620	+0.179%	$954	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.490	−0.033%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.620	+0.179%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.520	+0.016%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.530	+0.033%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.620	+0.179%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.660	+0.244%	$1.0M	$84K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	61.646	+0.221%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.560	+0.081%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.610	+0.163%	$1.1M	$2.5M	10x	as long as short
edgeX DRAMUSDC	+0.0056%	4h	61.479	−0.051%	$149K	$299K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.690	+0.293%	$5.4M	$4.7M	50x	as long as short
Bybit DRAMUSDT	+0.0065%	8h	61.705	+0.317%	$9.5M	$10.0M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.610	+0.162%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.600	+0.146%	$3.0M	$400K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.510	long leg	$21K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.600	+0.146%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.607	+0.158%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0112%	8h	61.643	+0.216%	—	—	5x	as long as short
Aster DRAMUSDT	+0.0115%	8h	61.657	+0.240%	$198K	$35K	20x	as long as short
Entropy io:DRAM	+0.0162%	1h	61.560	+0.081%	$170K	$466K	25x	as long as short
Variational Omni DRAM	+0.0175%	8h	61.464	−0.074%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	0.000%	$528K	$74K	20x	as long as short
BloFin DRAM-USDT	+0.0204%	8h	61.560	+0.081%	$301K	$26K	20x	as long as short
MEXC DRAM_USDT	+0.0228%	8h	61.650	+0.228%	$9.0M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0228%	8h	61.684	+0.283%	$44.2M	$83.0M	50x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.648	+0.225%	$74K	$241K	10x	as long as short
Lighter DRAM	+0.0264%	1h	61.654	+0.234%	$1.1M	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0271%	1h	61.636	+0.205%	$80.2M	$35.7M	20x	as long as short
Gate DRAM_USDTshort	+0.0285%	8h	61.690	+0.293%	$8.1M	$3.6M	75x
Deribit DRAM_USDC-PERPETUAL	+0.0562%	1h	61.610	+0.163%	$13K	$3K	20x	as long as short