Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0119%/8h= −13.0% APRnext payment $1.19 per $10,000 · paid last 24h −0.023%
Price spread now: Aster against Gate−0.097%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$590.595% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.097%, 7d avg −0.001%
Together, before fees+0.130%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.096% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DRAM_USDT61.4700.0210pay 0.0210% / 8h2h 42m$8.0M$3.6M75x
ShortAster DRAMUSDT61.4100.0091get 0.0091% / 8h2h 42m$198K$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$25
Price spread: −0.097% → −0.001%
−$9.57
Slippage, 4 orders
−$36.49
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$94.05
Costs to cover
0.595%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Aster: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago2.44 bp13.7 bp −$1429.1 bp −$29188.6 bp −$8,859doesn't fit
Sell Aster live order book, 4 min ago3.24 bp10.1 bp −$1011.2 bp −$112doesn't fitdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0030%8h61.410−0.098%$25.9M$13.9M20xas long as short
RISEx DRAM/USDC0.0000%1h61.394−0.124%$432K$503K20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.637+0.272%$36K$192K10xas long as short
SunX DRAM-USDT0.0000%8h61.440−0.049%$764$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.600+0.211%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.460−0.016%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0003%4h61.594+0.202%$149K$299K20xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.563+0.151%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.510+0.065%$48K$76K10xas long as short
Bybit DRAMUSDT+0.0045%8h61.400−0.114%$9.5M$10.0M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h61.400−0.114%10xas long as short
OKX DRAM-USDT-SWAP+0.0046%8h61.390−0.130%$5.4M$4.7M50xas long as short
QFEX DRAM-USD+0.0050%1h61.380−0.146%$1.0M$84K10xas long as short
Entropy io:DRAM+0.0050%1h61.477+0.011%$170K$466K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.356−0.185%$258K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.460−0.016%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.360−0.179%$1.1M$2.7M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0076%1h61.450−0.033%$13K$3K20xas long as short
Aster DRAMUSDTshort+0.0091%8h61.410−0.097%$198K$35K20x
Pacifica DRAM+0.0100%1h61.411−0.095%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.400−0.114%$3.0M$402K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.600+0.211%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.460−0.016%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.448−0.035%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0105%8h61.401−0.112%5xas long as short
Variational Omni DRAM+0.0157%8h61.624+0.251%$2.4M$618Kas long as short
tradeXYZ xyz:DRAM+0.0179%1h61.390−0.130%$79.7M$35.7M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.510+0.065%$528K$74K20xas long as short
Lighter DRAM+0.0192%1h61.409−0.099%$1.1M$1.2M20xas long as short
Extended DRAM-USD+0.0200%1h61.386−0.137%$74K$189K10xas long as short
Binance DRAMUSDT+0.0202%8h61.380−0.146%$44.1M$83.7M50xas long as short
MEXC DRAM_USDT+0.0203%8h61.400−0.114%$8.6M$5.6M100xas long as short
BloFin DRAM-USDT+0.0210%8h61.4700.000%$299K$26K20xas long as short
Gate DRAM_USDTlong+0.0210%8h61.470long leg$8.0M$3.6M75x