Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0197%/8h= +21.6% APRpaid last 24h +0.007%

Price spread now: Gate against Extended+0.039%7-day average +0.026% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$410.408% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.117%−$12 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.039%, 7d avg +0.026%

Together, before fees−0.130%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.117%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.117% in total (about -6.1% 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	62.496	0.0592	pay 0.0074% / 1h	14m 07s	$76K	$663K	10x
Short	Gate DRAM_USDT	62.520	0.0789	get 0.0789% / 8h	7h 14m	$8.3M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.039%Rate

Funding earned: $41.37
Price spread: +0.039% → +0.026%: $1.27
Slippage, 4 orders: −$20.81
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $1.83
Costs to cover: 0.408%
Break-even: 6.7 days

Slippage from Extended: live order book, 59 min ago; Gate: live order book, 4 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, 59 min ago	0.49 bp	3.3 bp −$3	6.0 bp −$60	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.60 bp	16.3 bp −$16	23.1 bp −$231	30.2 bp −$3,015	63.0 bp −$31.5K

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
SunX DRAM-USDT	0.0000%	8h	62.510	+0.023%	$800	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.370	−0.202%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.520	+0.039%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	62.508	+0.020%	$1K	$35K	5x	as long as short
edgeX DRAMUSDC	+0.0040%	4h	62.534	+0.062%	$151K	$297K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.480	−0.025%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.488	−0.013%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.515	+0.031%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.520	+0.039%	$1.1M	$1.9M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.547	+0.081%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.500	+0.007%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.570	+0.119%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.560	+0.103%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.536	+0.064%	$4K	—	10x	as long as short
Lighter DRAM	+0.0112%	1h	62.516	+0.032%	$973K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.490	−0.009%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.170%	$540K	$91K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0225%	8h	62.528	+0.052%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0229%	1h	62.496	0.000%	$82.3M	$37.7M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0230%	1h	62.510	+0.023%	$13K	$3K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0240%	8h	62.520	+0.039%	$5.5M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0422%	8h	62.560	+0.103%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0461%	8h	62.448	−0.076%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0529%	1h	62.457	−0.062%	$254K	$455K	25x	as long as short
Variational Omni DRAM	+0.0544%	8h	62.545	+0.079%	$2.4M	$750K	—	as long as short
MEXC DRAM_USDT	+0.0584%	8h	62.500	+0.007%	$9.7M	$6.7M	100x	as long as short
Bitget DRAMUSDT	+0.0590%	8h	62.520	+0.039%	$26.2M	$12.9M	20x	as long as short
Binance DRAMUSDT	+0.0591%	8h	62.512	+0.026%	$44.8M	$82.0M	50x	as long as short
Extended DRAM-USDlong	+0.0592%	1h	62.496	long leg	$76K	$663K	10x
Arcus DRAM-USD	+0.0606%	1h	62.530	+0.055%	$51K	$81K	10x	as long as short
Gate DRAM_USDTshort	+0.0789%	8h	62.520	+0.039%	$8.3M	$3.5M	75x
BloFin DRAM-USDT	+0.0952%	8h	62.610	+0.183%	$298K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1024%	8h	62.543	+0.075%	$37K	$153K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.510	+0.023%	$461K	$496K	20x	as long as short