DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0201%/8h= −22.1% APRnext payment −$2.01 per $10,000 · paid last 24h +0.017%

Price spread now: Gate against Bybit−0.065%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$500.500% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days+0.050%+$5 · spread now −0.065%, 7d avg −0.007%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.058% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.007%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.01 per $10,000. 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	Bybit DRAMUSDT	61.800	0.0201	pay 0.0201% / 8h	1h 38m	$9.3M	$10.3M	100x
Short	Gate DRAM_USDT	61.760	0	get 0.0000% / 8h	1h 38m	$8.2M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now −0.065%Rate

Funding earned: −$42.32
Price spread: −0.065% → −0.007%: −$5.78
Slippage, 4 orders: −$24.03
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$98.13
Costs to cover: 0.500%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Gate: live order book, just now.

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 Bybit live order book, 5 min ago	0.81 bp	7.9 bp −$8	15.0 bp −$150	109.8 bp −$11.0K	doesn't fit
Sell Gate live order book, just now	1.62 bp	18.6 bp −$19	25.8 bp −$258	32.7 bp −$3,270	64.4 bp −$32.2K

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
Gate DRAM_USDTshort	0.0000%	8h	61.760	−0.065%	$8.2M	$3.5M	75x
SunX DRAM-USDT	0.0000%	8h	61.740	−0.097%	$806	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.720	−0.129%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.750	−0.081%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0027%	4h	61.727	−0.118%	$153K	$288K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	61.717	−0.135%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.660	−0.227%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.701	−0.160%	$254K	$503K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.724	−0.123%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.746	−0.087%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.210%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.730	−0.113%	$1.0M	$77K	10x	as long as short
Aster DRAMUSDT	+0.0098%	8h	61.740	−0.097%	$198K	$36K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.747	−0.085%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.730	−0.113%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.750	−0.081%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.750	−0.081%	$8K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0102%	8h	61.760	−0.065%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0104%	8h	61.750	−0.081%	$26.0M	$12.5M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.753	−0.076%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.731	−0.111%	$35K	$184K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0168%	8h	61.740	−0.097%	—	—	5x	as long as short
Variational Omni DRAM	+0.0180%	8h	61.728	−0.117%	$2.4M	$949K	—	as long as short
Bybit DRAMUSDTlong	+0.0201%	8h	61.800	long leg	$9.3M	$10.3M	100x
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.356%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0229%	8h	61.740	−0.097%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0231%	8h	61.750	−0.081%	$43.8M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.739	−0.099%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.744	−0.091%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0344%	1h	61.745	−0.089%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0345%	1h	61.740	−0.097%	$79.3M	$39.5M	20x	as long as short
BloFin DRAM-USDT	+0.0389%	8h	61.770	−0.049%	$295K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.740	−0.097%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.740	−0.097%	$50K	$92K	10x	as long as short