Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0295%/8h= +32.3% APRpaid last 24h +0.026%

Price spread now: RISEx against Gate−0.017%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$390.394% of the position

Long on Gate Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.172%+$17 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.017%, 7d avg +0.010%

Together, before fees+0.206%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.010%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DRAM_USDT	61.970	0	get 0.0000% / 8h	26m 50s	$8.3M	$3.5M	75x
Short	RISEx DRAM/USDC	61.959	0.0295	get 0.0037% / 1h	26m 50s	$456K	$476K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.017%Rate

Funding earned: $61.94
Price spread: −0.017% → +0.010%: −$2.71
Slippage, 4 orders: −$18.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee RISEx: 3 bp × 2 orders: −$6
Net: $19.82
Costs to cover: 0.394%
Break-even: 4.8 days

Slippage from Gate: live order book, 2 min ago; RISEx: live order book, 52 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 Gate live order book, 2 min ago	2.42 bp	18.4 bp −$18	36.0 bp −$360	140.8 bp −$14.1K	doesn't fit
Sell RISEx live order book, 52 min ago	0.49 bp	3.5 bp −$3	5.7 bp −$57	doesn't fit	doesn't fit

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
Gate DRAM_USDTlong	0.0000%	8h	61.970	long leg	$8.3M	$3.5M	75x
SunX DRAM-USDT	0.0000%	8h	61.940	−0.048%	$832	$3.2M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.960	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.790	−0.290%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0031%	4h	61.991	+0.034%	$153K	$291K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	61.940	−0.049%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.920	−0.081%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.945	−0.040%	$211K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.945	−0.040%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.920	−0.081%	$1.2M	$1.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0079%	1h	61.960	−0.016%	$1.0M	$80K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.956	−0.022%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.940	−0.048%	$3.0M	$473K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.910	−0.097%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.960	−0.016%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.964	−0.010%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0162%	8h	61.970	0.000%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0165%	8h	61.950	−0.032%	$26.0M	$12.6M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0192%	1h	61.580	−0.629%	$510K	$43K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0204%	8h	61.952	−0.029%	—	—	5x	as long as short
Lighter DRAM	+0.0224%	1h	61.955	−0.024%	$977K	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0234%	1h	61.960	−0.016%	$13K	$9K	20x	as long as short
Aster DRAMUSDT	+0.0241%	8h	61.993	+0.036%	$199K	$36K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0251%	8h	62.022	+0.085%	$36K	$172K	10x	as long as short
Bybit DRAMUSDT	+0.0286%	8h	61.989	+0.031%	$9.3M	$10.5M	100x	as long as short
RISEx DRAM/USDCshort	+0.0295%	1h	61.959	−0.017%	$456K	$476K	20x
tradeXYZ xyz:DRAM	+0.0319%	1h	61.950	−0.032%	$80.5M	$39.9M	20x	as long as short
Variational Omni DRAM	+0.0323%	8h	62.018	+0.077%	$2.4M	$957K	—	as long as short
Entropy io:DRAM	+0.0358%	1h	61.964	−0.010%	$255K	$501K	25x	as long as short
MEXC DRAM_USDT	+0.0374%	8h	61.950	−0.032%	$11.2M	$6.5M	100x	as long as short
Extended DRAM-USD	+0.0376%	1h	61.943	−0.043%	$77K	$767K	10x	as long as short
Binance DRAMUSDT	+0.0377%	8h	61.957	−0.022%	$43.7M	$82.3M	50x	as long as short
BloFin DRAM-USDT	+0.0656%	8h	61.960	−0.016%	$253K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0680%	1h	61.940	−0.048%	$50K	$91K	10x	as long as short