Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0105%/8h= −11.5% APRnext payment $1.05 per $10,000 · paid last 24h +0.031%
Price spread now: Gate against Aster+0.113%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$590.593% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.113%, 7d avg −0.002%
Together, before fees−0.146%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.116% dearer against Aster than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of −0.002%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.054% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT61.7400.0105pay 0.0105% / 8h1h 23m$198K$36K20x
ShortGate DRAM_USDT61.8100get 0.0000% / 8h1h 23m$8.2M$3.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$22.05
Price spread: +0.113% → −0.002%
$11.58
Slippage, 4 orders
−$36.28
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$69.76
Costs to cover
0.593%
Break-even
never at this rate
Slippage from Aster: live order book, 58 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 58 min ago4.06 bp14.8 bp −$1533.9 bp −$339doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago0.81 bp17.9 bp −$1822.3 bp −$22325.8 bp −$2,57557.8 bp −$28.9K

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DRAM_USDTshort0.0000%8h61.810+0.113%$8.2M$3.5M75x
SunX DRAM-USDT0.0000%8h61.780+0.065%$707$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.780+0.065%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.790+0.081%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0025%4h61.777+0.060%$153K$288K20xas long as short
Aftermath Perps DRAMUSD+0.0036%1h61.745+0.009%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.750+0.016%$79710xas long as short
Entropy io:DRAM+0.0050%1h61.694−0.075%$252K$505K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.755+0.024%$204K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.781+0.066%$2K$15K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h61.710−0.049%$1.2M$1.7M10xas long as short
QFEX DRAM-USD+0.0052%1h61.770+0.049%$1.0M$77K10xas long as short
Pacifica DRAM+0.0100%1h61.798+0.093%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.770+0.049%$3.0M$476K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.810+0.113%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.790+0.081%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.786+0.074%$4K10xas long as short
Aster DRAMUSDTlong+0.0105%8h61.740long leg$198K$36K20x
Bitget DRAMUSDT+0.0112%8h61.790+0.081%$26.0M$12.5M20xas long as short
OKX DRAM-USDT-SWAP+0.0114%8h61.800+0.097%$5.4M$4.6M50xas long as short
GRVT DRAM_USDT_Perp+0.0140%8h61.780+0.065%$36K$183K10xas long as short
Paradex DRAM-USD-PERP+0.0161%8h61.780+0.065%5xas long as short
Variational Omni DRAM+0.0192%8h61.757+0.028%$2.4M$949Kas long as short
Coinbase International DRAM-PERP-INTX+0.0208%1h61.580−0.259%$510K$43K20xas long as short
Bybit DRAMUSDT+0.0230%8h61.823+0.134%$9.3M$10.4M100xas long as short
MEXC DRAM_USDT+0.0237%8h61.780+0.065%$11.2M$6.4M100xas long as short
Binance DRAMUSDT+0.0238%8h61.785+0.074%$43.8M$82.6M50xas long as short
Extended DRAM-USD+0.0240%1h61.769+0.047%$77K$765K10xas long as short
RISEx DRAM/USDC+0.0257%1h61.789+0.080%$455K$475K20xas long as short
Lighter DRAM+0.0304%1h61.774+0.055%$979K$1.2M20xas long as short
tradeXYZ xyz:DRAM+0.0308%1h61.773+0.053%$79.3M$39.4M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0398%1h61.760+0.032%$13K$9K20xas long as short
BloFin DRAM-USDT+0.0454%8h61.750+0.016%$295K$27K20xas long as short
Arcus DRAM-USD+0.0649%1h61.770+0.049%$50K$91K10xas long as short