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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0142%/8h= +15.5% APRnext payment +$1.42 per $10,000 · paid last 24h −0.034%
Price spread now: Gate against BloFin+0.016%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$560.563% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.016%, 7d avg −0.008%
Together, before fees−0.178%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.024% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DRAM-USDT60.7900.0055pay 0.0055% / 8h7h 57m$300K$26K20x
ShortGate DRAM_USDT60.8000.0197get 0.0197% / 8h7h 57m$7.9M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
$29.74
Price spread: +0.016% → −0.008%
$2.45
Slippage, 4 orders
−$29.32
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$24.14
Costs to cover
0.563%
Break-even
12.7 days
Slippage from BloFin: live order book, 18 min ago; Gate: live order book, 1 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 BloFin live order book, 18 min ago0.82 bp10.8 bp −$1114.4 bp −$14440.1 bp −$4,010doesn't fit
Sell Gate live order book, 1 min ago1.64 bp23.1 bp −$2325.3 bp −$25328.7 bp −$2,87460.9 bp −$30.5K

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 DRAMUSDT−0.0756%8h60.800+0.016%$26.5M$15.2M20xas long as short
Entropy io:DRAM−0.0553%1h60.786−0.007%$178K$480K25xas long as short
Aster DRAMUSDT0.0000%8h60.819+0.047%$195K$39K20xas long as short
RISEx DRAM/USDC0.0000%1h60.794+0.007%$421K$339K20xas long as short
Variational Omni DRAM0.0000%8h60.847+0.093%$2.3M$589Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.840+0.082%$36K$209K10xas long as short
SunX DRAM-USDT0.0000%8h60.780−0.016%$1K$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.870+0.132%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.7900.000%$1.7M$1.3M10xas long as short
Extended DRAM-USD+0.0008%1h60.788−0.004%$74K$198K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DRAMUSDT+0.0009%8h60.7900.000%$43.7M$89.1M50xas long as short
MEXC DRAM_USDT+0.0010%8h60.7900.000%$8.4M$5.4M100xas long as short
OKX DRAM-USDT-SWAP+0.0014%8h60.810+0.033%$5.4M$6.0M50xas long as short
Aftermath Perps DRAMUSD+0.0039%1h60.780−0.016%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.780−0.016%$47K$67K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.890+0.165%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.759−0.051%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.784−0.010%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.680−0.181%$1.1M$3.5M10xas long as short
QFEX DRAM-USD+0.0053%1h60.830+0.066%$992K$84K10xas long as short
BloFin DRAM-USDTlong+0.0055%8h60.790long leg$300K$26K20x
tradeXYZ xyz:DRAM+0.0060%1h60.780−0.016%$78.8M$35.9M20xas long as short
edgeX DRAMUSDC+0.0099%4h60.817+0.044%$147K$298K20xas long as short
Paradex DRAM-USD-PERP+0.0099%8h60.745−0.074%5xas long as short
Pacifica DRAM+0.0100%1h60.772−0.029%$73K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.080+0.477%$3.0M$409K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.820+0.049%$21K$182K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.800+0.016%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.789−0.001%$4K10xas long as short
Gate DRAM_USDTshort+0.0197%8h60.800+0.016%$7.9M$3.6M75x
Deribit DRAM_USDC-PERPETUAL+0.0244%1h60.780−0.016%$13K$3K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0248%1h60.750−0.066%$521K$75K20xas long as short
Lighter DRAM+0.0264%1h60.813+0.038%$1.1M$1.2M20xas long as short
Bybit DRAMUSDT+0.0476%8h60.826+0.059%$9.6M$10.5M100xas long as short