DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +11.0% APRnext payment +$1.00 per $10,000 · paid last 24h +0.014%

Price spread now: Bybit against Aster+0.161%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$330.325% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$4 on $10k

Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.161%, 7d avg +0.019%

Together, before fees−0.115%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.143% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DRAMUSDT	61.518	0.0054	pay 0.0054% / 8h	2h 50m	$201K	$33K	20x
Short	Bybit DRAMUSDT	61.617	0.0155	get 0.0155% / 8h	2h 50m	$9.2M	$10.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now +0.161%Rate

Funding earned: $21.09
Price spread: +0.161% → +0.019%: $14.29
Slippage, 4 orders: −$13.53
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $2.85
Costs to cover: 0.325%
Break-even: 6.1 days

Slippage from Aster: live order book, 36 min ago; Bybit: live order book, 3 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 Aster live order book, 36 min ago	2.44 bp	11.2 bp −$11	30.0 bp −$300	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.81 bp	7.5 bp −$8	12.7 bp −$127	99.5 bp −$9,948	doesn't fit

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	61.590	+0.118%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.550	+0.053%	$656	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.650	+0.215%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.570	+0.085%	$1.8M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0039%	8h	61.590	+0.118%	$5.4M	$4.9M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	61.512	−0.009%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.520	+0.004%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.523	+0.009%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.552	+0.056%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.520	+0.004%	$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
Aster DRAMUSDTlong	+0.0054%	8h	61.518	long leg	$201K	$33K	20x
edgeX DRAMUSDC	+0.0055%	4h	61.538	+0.032%	$152K	$289K	20x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.580	+0.101%	$1.0M	$71K	10x	as long as short
Bitget DRAMUSDT	+0.0096%	8h	61.580	+0.101%	$25.9M	$12.6M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.588	+0.114%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.520	+0.004%	$3.0M	$482K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.570	+0.085%	$22K	$180K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.570	+0.085%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.566	+0.078%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0126%	8h	61.555	+0.061%	$2.4M	$1.0M	—	as long as short
GRVT DRAM_USDT_Perp	+0.0130%	8h	61.540	+0.036%	$36K	$195K	10x	as long as short
BloFin DRAM-USDT	+0.0146%	8h	61.540	+0.036%	$294K	$26K	20x	as long as short
Bybit DRAMUSDTshort	+0.0155%	8h	61.617	+0.161%	$9.2M	$10.2M	100x
Paradex DRAM-USD-PERP	+0.0164%	8h	61.598	+0.130%	—	—	5x	as long as short
Extended DRAM-USD	+0.0184%	1h	61.590	+0.118%	$102K	$741K	10x	as long as short
MEXC DRAM_USDT	+0.0185%	8h	61.590	+0.118%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0186%	8h	61.590	+0.118%	$43.7M	$82.6M	50x	as long as short
Entropy io:DRAM	+0.0190%	1h	61.530	+0.020%	$253K	$514K	25x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.012%	$510K	$44K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0235%	1h	61.571	+0.087%	$79.0M	$39.8M	20x	as long as short
Lighter DRAM	+0.0256%	1h	61.600	+0.134%	$990K	$1.2M	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.590	+0.118%	$474K	$440K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0563%	1h	61.560	+0.069%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.580	+0.101%	$50K	$97K	10x	as long as short