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+0.0807%/8h= +88.4% APRpaid last 24h −0.005%
Price spread now: Ondo Perps against Bitget−0.196%7-day average −0.108% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.196%, 7d avg −0.108%
Together, before fees+0.011%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.089% cheaper against Bitget than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.108%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.011% in total) that is about 57 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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 DRAMUSDT61.070−0.0757get 0.0757% / 8h41m 59s$26.4M$15.0M20x
ShortOndo Perps DRAM-USD.P60.9500.0050get 0.0006% / 1h41m 59s$1.1M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$169.55
Price spread: −0.196% → −0.108%
−$8.86
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$143.7
Costs to cover
0.170%
Break-even
1.1 days
Slippage unknown: Bitget: live order book, 2 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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 ago0.82 bp6.8 bp −$76.8 bp −$6812.8 bp −$1,28253.1 bp −$26.5K
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget DRAMUSDTlong−0.0757%8h61.070long leg$26.4M$15.0M20x
Aster DRAMUSDT0.0000%8h61.018−0.086%$196K$35K20xas long as short
Bybit DRAMUSDT0.0000%8h61.067−0.005%$9.5M$10.3M100xas long as short
RISEx DRAM/USDC0.0000%1h61.007−0.103%$422K$344K20xas long as short
Gate DRAM_USDT0.0000%8h61.0700.000%$8.0M$3.7M75xas long as short
Variational Omni DRAM0.0000%8h60.983−0.142%$2.3M$582Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.949−0.198%$36K$205K10xas long as short
SunX DRAM-USDT0.0000%8h61.030−0.065%$630$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.950−0.196%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.040−0.049%$1.7M$1.3M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0007%8h61.030−0.065%$5.4M$6.0M50xas long as short
Extended DRAM-USD+0.0032%1h61.014−0.092%$77K$196K10xas long as short
MEXC DRAM_USDT+0.0033%8h61.030−0.065%$7.7M$5.7M100xas long as short
Aftermath Perps DRAMUSD+0.0034%1h60.971−0.162%$1K$30K5xas long as short
Binance DRAMUSDT+0.0034%8h61.027−0.070%$43.7M$88.7M50xas long as short
Arcus DRAM-USD+0.0040%1h60.950−0.196%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h61.000−0.115%$993K$84K10xas long as short
BloFin DRAM-USDT+0.0040%8h61.040−0.049%$298K$26K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.980−0.147%10xas long as short
Entropy io:DRAM+0.0050%1h60.923−0.241%$179K$481K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.992−0.128%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.010−0.098%$2K$15K20xas long as short
Ondo Perps DRAM-USD.Pshort+0.0050%1h60.950−0.196%$1.1M$3.5M10x
edgeX DRAMUSDC+0.0052%4h60.971−0.162%$148K$299K20xas long as short
Paradex DRAM-USD-PERP+0.0095%8h60.987−0.136%5xas long as short
Pacifica DRAM+0.0100%1h61.010−0.098%$73K$39K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.970−0.164%$3.0M$421K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.900−0.278%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.010−0.098%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.995−0.122%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.910−0.262%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0187%1h61.006−0.105%$78.9M$36.0M20xas long as short
Lighter DRAM+0.0344%1h61.027−0.070%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0570%1h61.000−0.115%$13K$3K20xas long as short