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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Bitget−0.032%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$860.856% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 7 days+0.011%+$1 · spread now −0.032%, 7d avg −0.052%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT62.1600get 0.0000% / 8h3h 51m$26.1M$13.4M20x
ShortKuCoin DRAMUSDTM62.1400.0100get 0.0100% / 8h3h 51m$3.0M$394K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.032% → −0.052%
$1.97
Slippage, 4 orders
−$61.57
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$62.6
Costs to cover
0.856%
Break-even
27.9 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: 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, 2 min ago1.61 bp7.6 bp −$812.6 bp −$12637.9 bp −$3,79394.4 bp −$47.2K
Sell KuCoin live order book, 5 min ago0.80 bp32.4 bp −$32doesn't fitdoesn'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%1h62.170+0.016%$438K$502K20xas long as short
Bitget DRAMUSDTlong0.0000%8h62.160long leg$26.1M$13.4M20x
GRVT DRAM_USDT_Perp0.0000%8h62.241+0.130%$36K$178K10xas long as short
SunX DRAM-USDT0.0000%8h62.170+0.016%$1K$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h62.190+0.048%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.150−0.016%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0011%4h62.186+0.042%$151K$297K20xas long as short
Aftermath Perps DRAMUSD+0.0020%1h62.182+0.036%$1K$32K5xas long as short
QFEX DRAM-USD+0.0036%1h62.1600.000%$1.0M$78K10xas long as short
Arcus DRAM-USD+0.0040%1h62.180+0.032%$48K$77K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h62.140−0.032%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.144−0.026%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.153−0.011%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.180+0.032%$1.1M$2.3M10xas long as short
Entropy io:DRAM+0.0052%1h62.184+0.039%$160K$451K25xas long as short
OKX DRAM-USDT-SWAP+0.0073%8h62.170+0.016%$5.4M$4.5M50xas long as short
Paradex DRAM-USD-PERP+0.0078%8h62.154−0.010%5xas long as short
Pacifica DRAM+0.0100%1h62.179+0.031%$76K$44K10xas long as short
KuCoin DRAMUSDTMshort+0.0100%8h62.140−0.032%$3.0M$394K20x
ApeX Omni DRAMUSDT+0.0100%1h62.260+0.161%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.170+0.016%$9K10xas long as short
Lighter DRAM+0.0104%1h62.158−0.003%$1.0M$1.1M20xas long as short
Aevo DRAM-PERP+0.0104%1h62.163+0.004%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0104%1h62.110−0.080%$533K$75K20xas long as short
Bybit DRAMUSDT+0.0111%8h62.190+0.048%$9.7M$9.7M100xas long as short
tradeXYZ xyz:DRAM+0.0144%1h62.143−0.027%$81.4M$35.4M20xas long as short
Aster DRAMUSDT+0.0202%8h62.165+0.009%$200K$35K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0233%1h62.150−0.016%$13K$3K20xas long as short
Variational Omni DRAM+0.0276%8h62.194+0.055%$2.4M$748Kas long as short
BloFin DRAM-USDT+0.0298%8h62.180+0.032%$301K$26K20xas long as short
Binance DRAMUSDT+0.0317%8h62.164+0.007%$44.6M$80.2M50xas long as short
Extended DRAM-USD+0.0320%1h62.145−0.024%$76K$622K10xas long as short
MEXC DRAM_USDT+0.0320%8h62.1600.000%$8.2M$5.5M100xas long as short
Gate DRAM_USDT+0.0591%8h62.190+0.048%$8.1M$3.5M75xas long as short