Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0345%/8h= −37.8% APRpaid last 24h −0.046%

Price spread now: Bitget against Extended+0.027%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$230.228% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.027%, 7d avg +0.047%

Together, before fees−0.029%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bitget is 0.020% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.047%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% 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	Extended DRAM-USD	62.393	0.0464	pay 0.0058% / 1h	52m 07s	$75K	$636K	10x
Short	Bitget DRAMUSDT	62.410	0.0119	get 0.0119% / 8h	4h 52m	$26.3M	$13.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$72.45
Price spread: +0.027% → +0.047%: −$2
Slippage, 4 orders: −$5.79
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$97.24
Costs to cover: 0.228%
Break-even: never at this rate

Slippage from Extended: live order book, 6 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 6 min ago	0.48 bp	3.3 bp −$3	7.1 bp −$71	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.80 bp	8.0 bp −$8	13.4 bp −$134	33.1 bp −$3,306	77.9 bp −$39.0K

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	62.422	+0.046%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.410	+0.027%	$650	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.370	−0.037%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.400	+0.011%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0024%	4h	62.425	+0.050%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	62.389	−0.006%	$1K	$32K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.390	−0.005%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	−0.037%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.389	−0.007%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.389	−0.007%	$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	62.340	−0.085%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.410	+0.027%	$1.0M	$78K	10x	as long as short
Lighter DRAM	+0.0072%	1h	62.382	−0.018%	$969K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.370	−0.037%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.410	+0.027%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.091%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.075%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.432	+0.062%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0109%	8h	62.404	+0.018%	—	—	5x	as long as short
Bitget DRAMUSDTshort	+0.0119%	8h	62.410	+0.027%	$26.3M	$13.2M	20x
GRVT DRAM_USDT_Perp	+0.0119%	8h	62.423	+0.048%	$36K	$164K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.040	−0.566%	$534K	$74K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0161%	8h	62.420	+0.043%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0165%	1h	62.402	+0.014%	$81.9M	$35.5M	20x	as long as short
Entropy io:DRAM	+0.0212%	1h	62.383	−0.016%	$242K	$415K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.410	+0.027%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0238%	8h	62.440	+0.075%	$9.7M	$9.9M	100x	as long as short
Aster DRAMUSDT	+0.0343%	8h	62.440	+0.074%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0427%	8h	62.425	+0.051%	$2.4M	$717K	—	as long as short
Binance DRAMUSDT	+0.0462%	8h	62.399	+0.009%	$44.9M	$80.6M	50x	as long as short
MEXC DRAM_USDT	+0.0463%	8h	62.390	−0.005%	$9.2M	$5.4M	100x	as long as short
Extended DRAM-USDlong	+0.0464%	1h	62.393	long leg	$75K	$636K	10x
Gate DRAM_USDT	+0.0602%	8h	62.460	+0.107%	$8.2M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0652%	8h	62.450	+0.091%	$303K	$26K	20x	as long as short