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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0673%/8h= +73.7% APRnext payment +$6.73 per $10,000 · paid last 24h +0.081%
Price spread now: BloFin against Bitget+0.016%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.016%, 7d avg −0.011%
Together, before fees+0.105%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BloFin is 0.027% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.011%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT62.2500.0102pay 0.0102% / 8h5h 39m$26.2M$13.2M20x
ShortBloFin DRAM-USDT62.2600.0775get 0.0775% / 8h5h 39m$302K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$141.27
Price spread: +0.016% → −0.011%
$2.73
Slippage, 4 orders
−$10.68
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$109.32
Costs to cover
0.347%
Break-even
1.6 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 82 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, 5 min ago0.80 bp7.8 bp −$812.7 bp −$12728.5 bp −$2,84567.8 bp −$33.9K
Sell BloFin live order book, 82 min ago1.60 bp7.9 bp −$89.6 bp −$9635.4 bp −$3,541doesn'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
RISEx DRAM/USDC0.0000%1h62.248−0.003%$442K$506K20xas long as short
SunX DRAM-USDT0.0000%8h62.240−0.016%$918$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.210−0.064%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.2500.000%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0029%1h62.213−0.059%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.210−0.064%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.190−0.096%10xas long as short
Entropy io:DRAM+0.0050%1h62.188−0.100%$253K$419K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.217−0.053%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.237−0.021%$2K$15K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h62.190−0.096%$1.1M$2.0M10xas long as short
QFEX DRAM-USD+0.0055%1h62.230−0.032%$1.0M$78K10xas long as short
Lighter DRAM+0.0080%1h62.208−0.067%$967K$1.0M20xas long as short
edgeX DRAMUSDC+0.0091%4h62.217−0.053%$151K$296K20xas long as short
Pacifica DRAM+0.0100%1h62.192−0.093%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.220−0.048%$3.0M$401K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.180−0.112%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.220−0.048%$9K10xas long as short
Bitget DRAMUSDTlong+0.0102%8h62.250long leg$26.2M$13.2M20x
Aevo DRAM-PERP+0.0104%1h62.228−0.035%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0130%8h62.228−0.035%5xas long as short
tradeXYZ xyz:DRAM+0.0136%1h62.213−0.059%$81.8M$37.0M20xas long as short
GRVT DRAM_USDT_Perp+0.0175%8h62.233−0.027%$36K$157K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.337%$534K$76K20xas long as short
OKX DRAM-USDT-SWAP+0.0194%8h62.2500.000%$5.5M$4.5M50xas long as short
Bybit DRAMUSDT+0.0261%8h62.271+0.034%$9.7M$10.0M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0394%1h62.200−0.080%$13K$3K20xas long as short
Aster DRAMUSDT+0.0405%8h62.249−0.002%$200K$36K20xas long as short
Variational Omni DRAM+0.0491%8h62.203−0.076%$2.4M$713Kas long as short
Binance DRAMUSDT+0.0524%8h62.239−0.018%$44.6M$81.6M50xas long as short
MEXC DRAM_USDT+0.0526%8h62.240−0.016%$9.6M$5.5M100xas long as short
Extended DRAM-USD+0.0528%1h62.215−0.057%$75K$669K10xas long as short
Gate DRAM_USDT+0.0534%8h62.290+0.064%$8.1M$3.5M75xas long as short
BloFin DRAM-USDTshort+0.0775%8h62.260+0.016%$302K$26K20x