Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0704%/8h= +77.1% APRpaid last 24h +0.096%

Price spread now: RISEx against Bitget−0.031%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.177%+$18 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.031%, 7d avg −0.014%

Together, before fees+0.226%+$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.177% in total (about 17.2% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DRAMUSDT	60.580	−0.0704	get 0.0704% / 8h	7h 46m	$26.4M	$15.1M	20x
Short	RISEx DRAM/USDC	60.561	0	get 0.0000% / 1h	46m 28s	$417K	$339K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee BitgetbpFee RISExbpOrdersPrice spread, now −0.031%Rate

Funding earned: $147.84
Price spread: −0.031% → −0.014%: −$1.77
Slippage, 4 orders: −$4.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $123.11
Costs to cover: 0.230%
Break-even: 1.2 days

Slippage from Bitget: live order book, 2 min ago; RISEx: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 2 min ago	1.65 bp	8.8 bp −$9	12.4 bp −$124	26.7 bp −$2,671	doesn't fit
Sell RISEx live order book, 52 min ago	0.08 bp	3.1 bp −$3	3.9 bp −$39	doesn't fit	doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DRAMUSDTlong	−0.0704%	8h	60.580	long leg	$26.4M	$15.1M	20x
Aster DRAMUSDT	0.0000%	8h	60.584	+0.007%	$194K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.548	−0.053%	$76K	$222K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.568	−0.020%	$43.6M	$89.6M	50x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.590	+0.017%	$9.6M	$10.4M	100x	as long as short
RISEx DRAM/USDCshort	0.0000%	1h	60.561	−0.031%	$417K	$339K	20x
Gate DRAM_USDT	0.0000%	8h	60.590	+0.017%	$7.9M	$3.6M	75x	as long as short
MEXC DRAM_USDT	0.0000%	8h	60.560	−0.033%	$8.4M	$5.4M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.635	+0.091%	$2.3M	$584K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.640	+0.099%	$35K	$209K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX DRAM-USDT	0.0000%	8h	60.580	0.000%	$737	$2.5M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.520	−0.099%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.580	0.000%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0003%	8h	60.610	+0.050%	$5.4M	$6.1M	50x	as long as short
BloFin DRAM-USDT	+0.0005%	8h	60.620	+0.066%	$298K	$25K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0038%	1h	60.584	+0.007%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.550	−0.050%	$47K	$67K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.540	−0.066%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.550	−0.050%	$177K	$471K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.492	−0.145%	$251K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.575	−0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.500	−0.132%	$1.0M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.570	−0.017%	$986K	$84K	10x	as long as short
edgeX DRAMUSDC	+0.0065%	4h	60.608	+0.047%	$147K	$299K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0095%	8h	60.541	−0.064%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0096%	1h	60.526	−0.089%	$78.2M	$35.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.514	−0.109%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.530	−0.083%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.600	+0.033%	$21K	$182K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.570	−0.017%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.559	−0.035%	$4K	—	10x	as long as short
Lighter DRAM	+0.0240%	1h	60.562	−0.030%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0246%	1h	60.560	−0.033%	$12K	$3K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.590	+0.017%	$532K	$86K	20x	as long as short