Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0669%/8h= +73.3% APRpaid last 24h +0.032%

Price spread now: Gate against Pacifica+0.035%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.138%−$14 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Gate is 0.035% dearer against Pacifica than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.138%, 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 -0.138% in total (about -7.2% 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	Pacifica DRAM	62.538	0.0100	pay 0.0013% / 1h	18m 05s	$76K	$41K	10x
Short	Gate DRAM_USDT	62.560	0.0769	get 0.0769% / 8h	7h 18m	$8.3M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Pacifica. 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 PacificabpFee GatebpOrdersPrice spread, now +0.035%Rate

Funding earned: $140.49
Price spread: +0.035% → 0.000%: $3.51
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $121
Costs to cover: 0.230%
Break-even: 1.0 days

Slippage unknown: Pacifica: no order-book sample; Gate: live order book, just now. 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 Pacifica no order-book sample	—	—	—	—	—
Sell Gate live order book, just now	1.60 bp	16.3 bp −$16	23.1 bp −$231	30.2 bp −$3,015	63.0 bp −$31.5K

Pacifica: 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
SunX DRAM-USDT	0.0000%	8h	62.530	−0.013%	$776	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.510	−0.045%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.550	+0.019%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0003%	4h	62.578	+0.064%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	62.497	−0.066%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.480	−0.093%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.489	−0.078%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.539	+0.001%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.450	−0.141%	$1.1M	$1.9M	10x	as long as short
Pacifica DRAMlong	+0.0100%	1h	62.538	long leg	$76K	$41K	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.480	−0.093%	$3.0M	$424K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.520	−0.029%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.560	+0.035%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.556	+0.028%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.540	+0.003%	$973K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.490	−0.077%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.237%	$540K	$96K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0222%	8h	62.547	+0.015%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0230%	1h	62.530	−0.013%	$13K	$3K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0230%	1h	62.513	−0.040%	$82.4M	$37.6M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0238%	8h	62.560	+0.035%	$5.5M	$4.7M	50x	as long as short
Bybit DRAMUSDT	+0.0412%	8h	62.576	+0.061%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0448%	8h	62.442	−0.153%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0530%	8h	62.585	+0.075%	$2.4M	$750K	—	as long as short
Entropy io:DRAM	+0.0536%	1h	62.447	−0.146%	$254K	$454K	25x	as long as short
Bitget DRAMUSDT	+0.0558%	8h	62.520	−0.029%	$26.2M	$12.8M	20x	as long as short
MEXC DRAM_USDT	+0.0573%	8h	62.540	+0.003%	$9.8M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0575%	8h	62.542	+0.007%	$44.9M	$81.9M	50x	as long as short
Extended DRAM-USD	+0.0576%	1h	62.517	−0.033%	$76K	$663K	10x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.510	−0.045%	$51K	$81K	10x	as long as short
Gate DRAM_USDTshort	+0.0769%	8h	62.560	+0.035%	$8.3M	$3.5M	75x
BloFin DRAM-USDT	+0.0949%	8h	62.520	−0.029%	$298K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1046%	8h	62.596	+0.093%	$37K	$154K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.540	+0.003%	$462K	$495K	20x	as long as short