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−0.0786%/8h= −86.1% APRnext payment $7.86 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against Bybit+0.033%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 7 days−0.042%−$4 · spread now +0.033%, 7d avg −0.008%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.041% dearer against Bybit than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.008%): +$4 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 4 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $7.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DRAMUSDT60.8800.0022pay 0.0022% / 8h1m 23s$9.6M$10.4M100x
ShortBitget DRAMUSDT60.900−0.0764pay 0.0764% / 8h1m 23s$26.6M$15.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
−$165.08
Price spread: +0.033% → −0.008%
$4.11
Slippage, 4 orders
−$7.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$191.17
Costs to cover
0.302%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago0.82 bp7.6 bp −$811.9 bp −$119120.4 bp −$12.0Kdoesn't fit
Sell Bitget live order book, 2 min ago0.82 bp8.1 bp −$814.8 bp −$14844.8 bp −$4,48095.4 bp −$47.7K

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 DRAMUSDTshort−0.0764%8h60.900+0.033%$26.6M$15.2M20x
Aster DRAMUSDT0.0000%8h60.859−0.035%$195K$39K20xas long as short
RISEx DRAM/USDC0.0000%1h60.839−0.068%$421K$339K20xas long as short
Gate DRAM_USDT0.0000%8h60.890+0.016%$8.0M$3.8M75xas long as short
Variational Omni DRAM0.0000%8h60.867−0.022%$2.3M$589Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.884+0.006%$36K$209K10xas long as short
SunX DRAM-USDT0.0000%8h60.850−0.049%$840$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.800−0.131%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.860−0.033%$1.7M$1.3M10xas long as short
Extended DRAM-USD+0.0008%1h60.838−0.070%$74K$198K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DRAMUSDT+0.0010%8h60.857−0.038%$43.8M$89.0M50xas long as short
MEXC DRAM_USDT+0.0010%8h60.850−0.049%$8.4M$5.7M100xas long as short
OKX DRAM-USDT-SWAP+0.0014%8h60.8800.000%$5.4M$6.0M50xas long as short
Bybit DRAMUSDTlong+0.0022%8h60.880long leg$9.6M$10.4M100x
Aftermath Perps DRAMUSD+0.0038%1h60.847−0.054%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.830−0.082%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.850−0.049%$991K$84K10xas long as short
BloFin DRAM-USDT+0.0041%8h60.890+0.016%$298K$26K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.820−0.099%10xas long as short
Entropy io:DRAM+0.0050%1h60.813−0.110%$179K$479K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.829−0.084%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.852−0.046%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.820−0.099%$1.1M$3.5M10xas long as short
edgeX DRAMUSDC+0.0067%4h60.866−0.022%$148K$299K20xas long as short
Paradex DRAM-USD-PERP+0.0094%8h60.825−0.090%5xas long as short
Pacifica DRAM+0.0100%1h60.861−0.031%$73K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.830−0.082%$3.0M$419K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.890+0.016%$21K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.850−0.049%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.848−0.053%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.940+0.099%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0185%1h60.826−0.089%$78.7M$35.7M20xas long as short
Lighter DRAM+0.0336%1h60.841−0.064%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0408%1h60.840−0.066%$13K$3K20xas long as short