Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0604%/8h= +66.1% APRpaid last 24h −0.035%

Price spread now: Gate against Deribit+0.096%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Gate is 0.096% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	62.350	0	get 0.0000% / 1h	50m 18s	$13K	$3K	20x
Short	Gate DRAM_USDT	62.410	0.0604	get 0.0604% / 8h	4h 50m	$8.2M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Deribit. 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 DeribitbpFee GatebpOrdersPrice spread, now +0.096%Rate

Funding earned: $126.84
Price spread: +0.096% → 0.000%: $9.62
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $114.46
Costs to cover: 0.220%
Break-even: 0.7 days

Slippage unknown: Deribit: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	1.60 bp	15.3 bp −$15	22.4 bp −$224	28.7 bp −$2,873	59.5 bp −$29.7K

Deribit: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx DRAM/USDC	0.0000%	1h	62.390	+0.064%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.360	+0.016%	$972	$2.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUALlong	0.0000%	1h	62.350	long leg	$13K	$3K	20x
HTX DRAM-USDT	0.0000%	8h	62.370	+0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.370	+0.032%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	62.364	+0.022%	$1K	$32K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.380	+0.048%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.360	+0.016%	—	—	10x	as long as short
Lighter DRAM	+0.0048%	1h	62.353	+0.005%	$969K	$1.0M	20x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.349	−0.002%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.355	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.016%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.360	+0.016%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0089%	4h	62.402	+0.083%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.367	+0.028%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.360	+0.016%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.160%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.390	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.388	+0.061%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	62.389	+0.063%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0116%	8h	62.416	+0.106%	$36K	$164K	10x	as long as short
Bitget DRAMUSDT	+0.0117%	8h	62.370	+0.032%	$26.3M	$13.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0143%	1h	62.359	+0.014%	$81.8M	$35.5M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.032%	$535K	$74K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0157%	8h	62.400	+0.080%	$5.5M	$4.4M	50x	as long as short
Entropy io:DRAM	+0.0204%	1h	62.380	+0.048%	$238K	$417K	25x	as long as short
Bybit DRAMUSDT	+0.0230%	8h	62.407	+0.091%	$9.7M	$9.9M	100x	as long as short
Aster DRAMUSDT	+0.0341%	8h	62.400	+0.080%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0419%	8h	62.374	+0.039%	$2.4M	$717K	—	as long as short
Binance DRAMUSDT	+0.0456%	8h	62.369	+0.031%	$44.9M	$80.5M	50x	as long as short
Extended DRAM-USD	+0.0456%	1h	62.353	+0.005%	$75K	$636K	10x	as long as short
MEXC DRAM_USDT	+0.0460%	8h	62.350	0.000%	$9.2M	$5.4M	100x	as long as short
Gate DRAM_USDTshort	+0.0604%	8h	62.410	+0.096%	$8.2M	$3.5M	75x
BloFin DRAM-USDT	+0.0645%	8h	62.400	+0.080%	$303K	$26K	20x	as long as short