Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0318%/8h= +34.8% APRpaid last 24h +0.045%

Price spread now: Gate against edgeX−0.262%52s7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.527% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.262%, 7d avg +0.002%

Together, before fees+0.146%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.264% cheaper against edgeX than usual: you would sell low and buy high (spread −0.262% now, against its 7-day average of +0.002%). If the spread goes back, that is −$26 on $10k: about 2.8 days of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.050%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% 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	edgeX DRAMUSDC	61.742	0.0034	pay 0.0017% / 4h	3h 08m	$149K	$297K	20x
Short	Gate DRAM_USDT	61.580	0.0352	get 0.0352% / 8h	3h 08m	$8.1M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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 edgeXbpFee GatebpOrdersPrice spread, now −0.262%Rate

Funding earned: $66.78
Price spread: −0.262% → +0.002%: −$26.41
Slippage, 4 orders: −$28.67
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$12.29
Costs to cover: 0.527%
Break-even: 8.3 days

Slippage from edgeX: live order book, 44 min ago; Gate: live order book, 5 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 edgeX live order book, 44 min ago	2.41 bp	7.5 bp −$7	14.5 bp −$145	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.62 bp	22.8 bp −$23	25.1 bp −$251	30.0 bp −$2,997	58.5 bp −$29.3K

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	61.517	−0.364%	$433K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.530	−0.343%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.760	+0.030%	$37K	$189K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.520	−0.359%	$897	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.680	−0.100%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.520	−0.359%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0025%	1h	61.631	−0.179%	$1K	$31K	5x	as long as short
edgeX DRAMUSDClong	+0.0034%	4h	61.742	long leg	$149K	$297K	20x
QFEX DRAM-USD	+0.0036%	1h	61.510	−0.375%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.560	−0.294%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.490	−0.407%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.539	−0.328%	$169K	$464K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.501	−0.390%	$258K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.510	−0.375%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.490	−0.407%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0052%	8h	61.540	−0.326%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0067%	8h	61.550	−0.310%	$9.5M	$9.9M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.508	−0.378%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.470	−0.440%	$3.0M	$399K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.730	−0.019%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.510	−0.375%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.506	−0.381%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.510	−0.375%	$528K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0108%	8h	61.506	−0.382%	—	—	5x	as long as short
Aster DRAMUSDT	+0.0131%	8h	61.511	−0.374%	$198K	$35K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0134%	1h	61.515	−0.367%	$80.0M	$35.6M	20x	as long as short
Variational Omni DRAM	+0.0190%	8h	61.564	−0.288%	$2.4M	$740K	—	as long as short
Lighter DRAM	+0.0208%	1h	61.525	−0.351%	$1.1M	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0209%	8h	61.530	−0.343%	$299K	$26K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0238%	1h	61.490	−0.407%	$13K	$3K	20x	as long as short
Binance DRAMUSDT	+0.0246%	8h	61.510	−0.375%	$44.0M	$82.2M	50x	as long as short
MEXC DRAM_USDT	+0.0247%	8h	61.520	−0.359%	$9.0M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0248%	1h	61.502	−0.388%	$75K	$239K	10x	as long as short
Gate DRAM_USDTshort	+0.0352%	8h	61.580	−0.262%	$8.1M	$3.6M	75x