Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0680%/8h= −74.5% APRpaid last 24h −0.001%

Price spread now: Gate against Arcus+0.081%7-day average — · you sell dearer than you buy

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

Long on Arcus 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 0.081% dearer against Arcus than usual: you sell high and buy low (spread +0.081% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus DRAM-USD	62.020	0.0680	pay 0.0085% / 1h	5m 45s	$50K	$90K	10x
Short	Gate DRAM_USDT	62.070	0	get 0.0000% / 8h	5m 45s	$8.3M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Arcus. 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 ArcusbpFee GatebpOrdersPrice spread, now +0.081%Rate

Funding earned: −$142.83
Price spread: +0.081% → 0.000%: $8.06
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$154.27
Costs to cover: 0.195%
Break-even: never at this rate

Slippage unknown: Arcus: no order-book sample; Gate: live order book, 3 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 Arcus no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	1.61 bp	15.6 bp −$16	19.8 bp −$198	23.3 bp −$2,327	55.5 bp −$27.8K

Arcus: 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	62.070	+0.081%	$8.3M	$3.5M	75x
SunX DRAM-USDT	0.0000%	8h	62.020	0.000%	$760	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.010	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.050	+0.048%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	61.980	−0.065%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.960	−0.097%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.017	−0.005%	$215K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.045	+0.040%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.970	−0.081%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0069%	4h	61.977	−0.070%	$153K	$289K	20x	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	+0.0079%	1h	62.020	0.000%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.980	−0.065%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.990	−0.048%	$3.0M	$470K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.040	+0.032%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.040	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.051	+0.049%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0183%	8h	62.060	+0.064%	$5.4M	$4.6M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.880	−0.226%	$535K	$94K	20x	as long as short
Bitget DRAMUSDT	+0.0194%	8h	62.050	+0.048%	$26.2M	$12.6M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0222%	8h	62.041	+0.034%	—	—	5x	as long as short
Lighter DRAM	+0.0248%	1h	62.052	+0.052%	$960K	$1.2M	20x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	62.048	+0.046%	$457K	$476K	20x	as long as short
Bybit DRAMUSDT	+0.0300%	8h	62.080	+0.097%	$9.3M	$10.5M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0303%	8h	61.990	−0.048%	$36K	$170K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0305%	1h	62.033	+0.021%	$81.1M	$40.7M	20x	as long as short
Aster DRAMUSDT	+0.0312%	8h	62.010	−0.016%	$199K	$36K	20x	as long as short
Entropy io:DRAM	+0.0326%	1h	62.033	+0.021%	$252K	$492K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0395%	1h	62.020	0.000%	$13K	$9K	20x	as long as short
Variational Omni DRAM	+0.0410%	8h	62.037	+0.027%	$2.4M	$948K	—	as long as short
MEXC DRAM_USDT	+0.0444%	8h	62.020	0.000%	$11.2M	$6.5M	100x	as long as short
Binance DRAMUSDT	+0.0447%	8h	62.052	+0.052%	$43.8M	$82.7M	50x	as long as short
Extended DRAM-USD	+0.0448%	1h	62.036	+0.026%	$78K	$768K	10x	as long as short
Arcus DRAM-USDlong	+0.0680%	1h	62.020	long leg	$50K	$90K	10x
BloFin DRAM-USDT	+0.0720%	8h	62.020	0.000%	$295K	$27K	20x	as long as short