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−0.0146%/8h= −16.0% APRnext payment $1.46 per $10,000 · paid last 24h +0.030%
Price spread now: Bybit against Bitget+0.038%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.036%−$4 · spread now +0.038%, 7d avg +0.006%
Together, before fees−0.043%−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.032% dearer against Bitget than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of +0.006%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.008% in total) that is about 30 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT62.5600.0558pay 0.0558% / 8h7h 17m$26.2M$12.9M20x
ShortBybit DRAMUSDT62.5840.0412get 0.0412% / 8h7h 17m$9.6M$10.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$30.75
Price spread: +0.038% → +0.006%
$3.21
Slippage, 4 orders
−$8.73
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$59.27
Costs to cover
0.317%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: 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 Bitget live order book, 1 min ago0.80 bp7.7 bp −$812.6 bp −$12628.7 bp −$2,86966.4 bp −$33.2K
Sell Bybit live order book, 5 min ago0.80 bp7.5 bp −$712.0 bp −$12093.0 bp −$9,304doesn'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
SunX DRAM-USDT0.0000%8h62.530−0.048%$776$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.510−0.080%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.550−0.016%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0003%4h62.578+0.029%$151K$296K20xas long as short
Aftermath Perps DRAMUSD+0.0036%1h62.497−0.101%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.480−0.128%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.489−0.113%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.539−0.034%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.450−0.176%$1.1M$1.9M10xas long as short
Pacifica DRAM+0.0100%1h62.538−0.035%$76K$41K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.480−0.128%$3.0M$424K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.520−0.064%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.5600.000%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.556−0.007%$4K10xas long as short
Lighter DRAM+0.0120%1h62.536−0.038%$973K$1.3M20xas long as short
QFEX DRAM-USD+0.0160%1h62.490−0.112%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.390−0.272%$540K$96K20xas long as short
Paradex DRAM-USD-PERP+0.0222%8h62.547−0.020%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0230%1h62.530−0.048%$13K$3K20xas long as short
tradeXYZ xyz:DRAM+0.0230%1h62.521−0.062%$82.4M$37.6M20xas long as short
OKX DRAM-USDT-SWAP+0.0238%8h62.5600.000%$5.5M$4.7M50xas long as short
Bybit DRAMUSDTshort+0.0412%8h62.584+0.038%$9.6M$10.4M100x
Aster DRAMUSDT+0.0448%8h62.454−0.169%$201K$36K20xas long as short
Variational Omni DRAM+0.0530%8h62.585+0.039%$2.4M$750Kas long as short
Entropy io:DRAM+0.0533%1h62.452−0.173%$253K$455K25xas long as short
Bitget DRAMUSDTlong+0.0558%8h62.560long leg$26.2M$12.9M20x
MEXC DRAM_USDT+0.0573%8h62.550−0.016%$9.8M$6.7M100xas long as short
Binance DRAMUSDT+0.0575%8h62.547−0.021%$44.9M$81.9M50xas long as short
Extended DRAM-USD+0.0576%1h62.531−0.046%$76K$663K10xas long as short
Arcus DRAM-USD+0.0606%1h62.510−0.080%$51K$81K10xas long as short
Gate DRAM_USDT+0.0769%8h62.570+0.016%$8.3M$3.5M75xas long as short
BloFin DRAM-USDT+0.0949%8h62.520−0.064%$298K$26K20xas long as short
GRVT DRAM_USDT_Perp+0.1046%8h62.596+0.058%$37K$154K10xas long as short
RISEx DRAM/USDC+0.1096%1h62.540−0.032%$462K$495K20xas long as short