Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.083%

Price spread now: Arcus against Gate−0.050%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Arcus

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

Funding pays, the price is against you. Arcus is 0.050% cheaper against Gate than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DRAM_USDT	60.250	0	get 0.0000% / 8h	7h 22m	$7.9M	$3.7M	75x
Short	Arcus DRAM-USD	60.220	0.0040	get 0.0005% / 1h	22m 59s	$47K	$67K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Gate. 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 GatebpFee ArcusbpOrdersPrice spread, now −0.050%Rate

Funding earned: $8.46
Price spread: −0.050% → 0.000%: −$4.98
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$16.02
Costs to cover: 0.195%
Break-even: 20.3 days

Slippage unknown: Gate: live order book, just now; Arcus: no order-book sample. 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 Gate live order book, just now	2.49 bp	20.0 bp −$20	30.6 bp −$306	81.0 bp −$8,100	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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
Bitget DRAMUSDT	−0.0562%	8h	60.250	0.000%	$26.3M	$15.2M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.254	+0.006%	$193K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.224	−0.042%	$75K	$246K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.240	−0.016%	$43.5M	$91.4M	50x	as long as short
Bybit DRAMUSDT	0.0000%	8h	60.280	+0.050%	$9.5M	$10.5M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.198	−0.087%	$415K	$337K	20x	as long as short
Gate DRAM_USDTlong	0.0000%	8h	60.250	long leg	$7.9M	$3.7M	75x
MEXC DRAM_USDT	0.0000%	8h	60.230	−0.033%	$8.3M	$5.4M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.103	−0.244%	$2.2M	$687K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.150	−0.167%	$36K	$210K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX DRAM-USDT	0.0000%	8h	60.240	−0.017%	$790	$2.5M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.230	−0.033%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.240	−0.017%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0013%	8h	60.260	+0.017%	$5.3M	$6.1M	50x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	60.220	−0.050%	$47K	$67K	10x
Aftermath Perps DRAMUSD	+0.0041%	1h	60.176	−0.123%	$1K	$29K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.220	−0.050%	—	—	10x	as long as short
BloFin DRAM-USDT	+0.0047%	8h	60.250	0.000%	$301K	$26K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.126	−0.206%	$161K	$492K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.150	−0.166%	$250K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.240	−0.017%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.190	−0.100%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.170	−0.133%	$980K	$91K	10x	as long as short
edgeX DRAMUSDC	+0.0077%	4h	60.132	−0.195%	$146K	$299K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.205	−0.074%	$72K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.210	−0.066%	$2.9M	$400K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.180	−0.116%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.230	−0.033%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.219	−0.052%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0113%	8h	60.235	−0.025%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0183%	1h	60.231	−0.032%	$78.1M	$35.5M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.100	−0.249%	$527K	$87K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0249%	1h	60.210	−0.066%	$12K	$3K	20x	as long as short
Lighter DRAM	+0.0288%	1h	60.247	−0.005%	$1.1M	$1.2M	20x	as long as short