Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h +0.024%

Price spread now: Aevo against Bitget+0.032%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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. Aevo is 0.032% dearer against Bitget than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DRAMUSDT	62.040	0.0195	pay 0.0195% / 8h	3m 20s	$26.2M	$12.7M	20x
Short	Aevo DRAM-PERP	62.060	0.0104	get 0.0013% / 1h	3m 20s	$4K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now +0.032%Rate

Funding earned: −$19.11
Price spread: +0.032% → 0.000%: $3.25
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$43.86
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; Aevo: no order-book sample. 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 Bitget live order book, 5 min ago	0.81 bp	8.3 bp −$8	11.4 bp −$114	17.4 bp −$1,739	58.7 bp −$29.3K
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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_USDT	0.0000%	8h	62.050	+0.016%	$8.3M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.010	−0.048%	$477	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.020	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.030	−0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	61.998	−0.068%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.960	−0.129%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.012	−0.045%	$215K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.042	+0.003%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.950	−0.145%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0058%	4h	62.029	−0.018%	$153K	$290K	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	62.010	−0.048%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.976	−0.104%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.980	−0.097%	$3.0M	$470K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.060	+0.032%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.030	−0.016%	$9K	—	10x	as long as short
Aevo DRAM-PERPshort	+0.0104%	1h	62.060	+0.032%	$4K	—	10x
OKX DRAM-USDT-SWAP	+0.0187%	8h	62.040	0.000%	$5.4M	$4.6M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.880	−0.258%	$535K	$94K	20x	as long as short
Bitget DRAMUSDTlong	+0.0195%	8h	62.040	long leg	$26.2M	$12.7M	20x
Paradex DRAM-USD-PERP	+0.0218%	8h	62.009	−0.050%	—	—	5x	as long as short
Lighter DRAM	+0.0248%	1h	62.031	−0.015%	$960K	$1.2M	20x	as long as short
Entropy io:DRAM	+0.0265%	1h	62.051	+0.018%	$252K	$492K	25x	as long as short
RISEx DRAM/USDC	+0.0295%	1h	62.042	+0.004%	$457K	$476K	20x	as long as short
Bybit DRAMUSDT	+0.0298%	8h	62.053	+0.021%	$9.3M	$10.6M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0301%	1h	62.008	−0.052%	$81.1M	$40.7M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0314%	8h	62.070	+0.048%	$37K	$170K	10x	as long as short
Aster DRAMUSDT	+0.0315%	8h	62.010	−0.048%	$199K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0395%	1h	62.030	−0.016%	$13K	$9K	20x	as long as short
Variational Omni DRAM	+0.0410%	8h	62.037	−0.005%	$2.4M	$948K	—	as long as short
Extended DRAM-USD	+0.0448%	1h	62.016	−0.038%	$78K	$768K	10x	as long as short
MEXC DRAM_USDT	+0.0449%	8h	62.010	−0.048%	$11.2M	$6.5M	100x	as long as short
Binance DRAMUSDT	+0.0449%	8h	62.027	−0.021%	$43.7M	$82.8M	50x	as long as short
Arcus DRAM-USD	+0.0680%	1h	62.010	−0.048%	$50K	$89K	10x	as long as short
BloFin DRAM-USDT	+0.0736%	8h	62.060	+0.032%	$295K	$27K	20x	as long as short