Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0501%/8h= +54.9% APRpaid last 24h +0.004%

Price spread now: Aftermath Perps against Bitget−0.056%46s7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Aftermath Perps

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

Funding pays, the price is against you. Aftermath Perps is 0.056% cheaper against Bitget than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$15 a day). The two prices were read 46 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	Bitget DRAMUSDT	61.250	−0.0473	get 0.0473% / 8h	1h 44m	$26.0M	$14.5M	20x
Short	Aftermath Perps DRAMUSD	61.215	0.0028	get 0.0004% / 1h	44m 39s	$1K	$31K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.056%Rate

Funding earned: $105.29
Price spread: −0.056% → 0.000%: −$5.65
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $78.65
Costs to cover: 0.210%
Break-even: 1.8 days

Slippage unknown: Bitget: live order book, 4 min ago; Aftermath Perps: 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, 4 min ago	0.82 bp	8.3 bp −$8	13.6 bp −$136	35.7 bp −$3,566	82.2 bp −$41.1K
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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
Bitget DRAMUSDTlong	−0.0473%	8h	61.250	long leg	$26.0M	$14.5M	20x
Bybit DRAMUSDT	0.0000%	8h	61.228	−0.036%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.213	−0.060%	$424K	$367K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.260	+0.016%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.243	−0.011%	$36K	$200K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.230	−0.033%	$864	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.170	−0.131%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.220	−0.049%	$1.7M	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0023%	8h	61.226	−0.039%	$197K	$35K	20x	as long as short
Aftermath Perps DRAMUSDshort	+0.0028%	1h	61.215	−0.056%	$1K	$31K	5x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0030%	8h	61.240	−0.016%	$5.4M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.200	−0.082%	$997K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.200	−0.082%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.200	−0.082%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.200	−0.082%	$169K	$469K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.195	−0.090%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.206	−0.072%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.170	−0.131%	$1.1M	$3.4M	10x	as long as short
Variational Omni DRAM	+0.0076%	8h	61.194	−0.091%	$2.3M	$682K	—	as long as short
edgeX DRAMUSDC	+0.0090%	4h	61.214	−0.060%	$148K	$299K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0097%	1h	61.198	−0.085%	$79.3M	$35.9M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.235	−0.024%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.190	−0.098%	$3.0M	$414K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.250	0.000%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.220	−0.049%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0103%	8h	61.201	−0.080%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.220	−0.050%	$4K	—	10x	as long as short
BloFin DRAM-USDT	+0.0117%	8h	61.250	0.000%	$301K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0125%	8h	61.221	−0.048%	$43.8M	$87.4M	50x	as long as short
MEXC DRAM_USDT	+0.0125%	8h	61.210	−0.065%	$8.0M	$5.6M	100x	as long as short
Lighter DRAM	+0.0128%	1h	61.226	−0.039%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0128%	1h	61.186	−0.104%	$74K	$190K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.229%	$525K	$75K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0240%	1h	61.200	−0.082%	$13K	$3K	20x	as long as short