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+0.0110%/8h= +12.1% APRnext payment +$1.10 per $10,000 · paid last 24h +0.050%
Price spread now: Binance against Bitget+0.015%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 2 days (all we have)−0.065%−$7 · spread now +0.015%, 7d avg −0.014%
Together, before fees0.000%$0 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 Binance is 0.028% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT61.5800.0106pay 0.0106% / 8h2h 35m$25.9M$12.6M20x
ShortBinance DRAMUSDT61.5890.0216get 0.0216% / 8h2h 35m$43.7M$82.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$23.18
Price spread: +0.015% → −0.014%
$2.83
Slippage, 4 orders
−$6.84
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$2.83
Costs to cover
0.288%
Break-even
7.9 days
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 7 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 Bitget live order book, 3 min ago1.62 bp9.1 bp −$918.9 bp −$18928.6 bp −$2,85767.8 bp −$33.9K
Sell Binance live order book, 7 min ago0.81 bp5.8 bp −$68.0 bp −$8037.4 bp −$3,735doesn't fit

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_USDT0.0000%8h61.590+0.016%$8.2M$3.5M75xas long as short
SunX DRAM-USDT0.0000%8h61.590+0.016%$901$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.570−0.016%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.590+0.016%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0009%4h61.562−0.028%$152K$289K20xas long as short
Aftermath Perps DRAMUSD+0.0038%1h61.561−0.031%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.540−0.065%$79710xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.567−0.021%$203K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.585+0.008%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.490−0.146%$1.2M$1.7M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0053%8h61.600+0.032%$5.4M$4.9M50xas long as short
QFEX DRAM-USD+0.0080%1h61.590+0.016%$1.0M$77K10xas long as short
Aster DRAMUSDT+0.0083%8h61.518−0.101%$201K$33K20xas long as short
Pacifica DRAM+0.0100%1h61.524−0.091%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.540−0.065%$3.0M$483K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.500−0.130%$22K$181K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.590+0.016%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.597+0.027%$4K10xas long as short
Bitget DRAMUSDTlong+0.0106%8h61.580long leg$25.9M$12.6M20x
Variational Omni DRAM+0.0150%8h61.565−0.024%$2.4M$1.0Mas long as short
GRVT DRAM_USDT_Perp+0.0159%8h61.570−0.016%$36K$192K10xas long as short
Bybit DRAMUSDT+0.0161%8h61.620+0.065%$9.2M$10.2M100xas long as short
Paradex DRAM-USD-PERP+0.0162%8h61.586+0.010%5xas long as short
tradeXYZ xyz:DRAM+0.0168%1h61.538−0.068%$78.9M$39.6M20xas long as short
BloFin DRAM-USDT+0.0200%8h61.590+0.016%$295K$26K20xas long as short
Entropy io:DRAM+0.0208%1h61.541−0.063%$249K$503K25xas long as short
MEXC DRAM_USDT+0.0214%8h61.590+0.016%$11.1M$6.4M100xas long as short
Extended DRAM-USD+0.0216%1h61.583+0.005%$102K$741K10xas long as short
Binance DRAMUSDTshort+0.0216%8h61.589+0.015%$43.7M$82.6M50x
Coinbase International DRAM-PERP-INTX+0.0232%1h61.510−0.114%$510K$43K20xas long as short
Lighter DRAM+0.0240%1h61.596+0.026%$990K$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0400%1h61.590+0.016%$13K$9K20xas long as short
RISEx DRAM/USDC+0.0459%1h61.585+0.009%$474K$440K20xas long as short
Arcus DRAM-USD+0.0739%1h61.5800.000%$50K$96K10xas long as short