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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0315%/8h= +34.5% APRpaid last 24h +0.046%
Price spread now: Extended against Bitget−0.072%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.072%, 7d avg −0.047%
Together, before fees+0.094%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.025% cheaper against Bitget than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.047%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.073% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT62.2900.0029pay 0.0029% / 8h4h 01m$26.2M$13.4M20x
ShortExtended DRAM-USD62.2450.0344get 0.0043% / 1h1m 48s$76K$622K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$66.15
Price spread: −0.072% → −0.047%
−$2.53
Slippage, 4 orders
−$5.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$41.4
Costs to cover
0.222%
Break-even
2.6 days
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 56 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, 2 min ago0.80 bp7.6 bp −$812.0 bp −$12026.3 bp −$2,62668.4 bp −$34.2K
Sell Extended live order book, 56 min ago0.48 bp3.3 bp −$36.3 bp −$63doesn't fitdoesn'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%1h62.257−0.052%$439K$502K20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h62.406+0.186%$37K$176K10xas long as short
SunX DRAM-USDT0.0000%8h62.2900.000%$927$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h62.230−0.096%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.280−0.016%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0020%1h62.327+0.060%$1K$32K5xas long as short
Bitget DRAMUSDTlong+0.0029%8h62.290long leg$26.2M$13.4M20x
Lighter DRAM+0.0032%1h62.259−0.050%$1.0M$1.1M20xas long as short
edgeX DRAMUSDC+0.0032%4h62.367+0.124%$151K$298K20xas long as short
Arcus DRAM-USD+0.0040%1h62.310+0.032%$49K$77K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h62.250−0.064%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.230−0.096%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.260−0.048%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.280−0.016%$1.1M$2.2M10xas long as short
QFEX DRAM-USD+0.0052%1h62.240−0.080%$1.0M$78K10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0071%1h62.250−0.064%$13K$3K20xas long as short
Paradex DRAM-USD-PERP+0.0079%8h62.270−0.032%5xas long as short
OKX DRAM-USDT-SWAP+0.0084%8h62.310+0.032%$5.5M$4.5M50xas long as short
tradeXYZ xyz:DRAM+0.0092%1h62.260−0.048%$81.6M$35.4M20xas long as short
Pacifica DRAM+0.0100%1h62.264−0.042%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.240−0.080%$3.0M$394K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.310+0.032%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.270−0.032%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.266−0.039%$4K10xas long as short
Bybit DRAMUSDT+0.0116%8h62.300+0.016%$9.7M$9.7M100xas long as short
Entropy io:DRAM+0.0143%1h62.288−0.003%$177K$443K25xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.330+0.064%$535K$75K20xas long as short
Aster DRAMUSDT+0.0225%8h62.266−0.038%$200K$35K20xas long as short
Variational Omni DRAM+0.0302%8h62.364+0.119%$2.4M$747Kas long as short
Binance DRAMUSDT+0.0342%8h62.278−0.019%$44.8M$80.1M50xas long as short
MEXC DRAM_USDT+0.0343%8h62.260−0.048%$8.9M$5.5M100xas long as short
Extended DRAM-USDshort+0.0344%1h62.245−0.072%$76K$622K10x
BloFin DRAM-USDT+0.0356%8h62.350+0.096%$302K$26K20xas long as short
Gate DRAM_USDT+0.0625%8h62.2900.000%$8.2M$3.5M75xas long as short