Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h +0.024%

Price spread now: Gate against tradeXYZ+0.093%7-day average +0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$630.628% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.166%−$17 on $10k

Price spread, last 7 days+0.009%+$1 · spread now +0.093%, 7d avg +0.080%

Together, before fees−0.157%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.080%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	60.963	0.0196	pay 0.0025% / 1h	37m 07s	$78.9M	$35.9M	20x
Short	Gate DRAM_USDT	61.020	0	get 0.0000% / 8h	37m 07s	$8.0M	$3.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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 tradeXYZbpFee GatebpOrdersPrice spread, now +0.093%Rate

Funding earned: −$41.25
Price spread: +0.093% → +0.080%: $1.36
Slippage, 4 orders: −$29.79
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$102.68
Costs to cover: 0.628%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 3 min ago; Gate: live order book, 1 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 tradeXYZ live order book, 3 min ago	0.33 bp	9.3 bp −$9	10.1 bp −$101	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	1.64 bp	24.4 bp −$24	28.4 bp −$284	34.9 bp −$3,492	65.6 bp −$32.8K

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	−0.0746%	8h	61.030	+0.110%	$26.4M	$15.0M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.955	−0.014%	$196K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.008	+0.074%	$9.5M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.964	+0.001%	$422K	$341K	20x	as long as short
Gate DRAM_USDTshort	0.0000%	8h	61.020	+0.093%	$8.0M	$3.7M	75x
Variational Omni DRAM	0.0000%	8h	61.033	+0.115%	$2.3M	$582K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.996	+0.054%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.980	+0.028%	$776	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.990	+0.044%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.970	+0.011%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0008%	8h	61.000	+0.061%	$5.4M	$6.0M	50x	as long as short
BloFin DRAM-USDT	+0.0028%	8h	61.000	+0.061%	$297K	$26K	20x	as long as short
Extended DRAM-USD	+0.0032%	1h	60.942	−0.034%	$77K	$196K	10x	as long as short
Binance DRAMUSDT	+0.0033%	8h	60.973	+0.017%	$43.7M	$88.7M	50x	as long as short
MEXC DRAM_USDT	+0.0034%	8h	60.960	−0.005%	$7.7M	$5.7M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	60.987	+0.039%	$1K	$30K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.960	−0.005%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.970	+0.011%	$993K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.950	−0.021%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.936	−0.044%	$179K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.942	−0.034%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.970	+0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.960	−0.005%	$1.1M	$3.5M	10x	as long as short
edgeX DRAMUSDC	+0.0070%	4h	60.968	+0.009%	$148K	$298K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0100%	8h	60.967	+0.007%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.993	+0.050%	$73K	$38K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.950	−0.021%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.040	+0.126%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.950	−0.021%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.949	−0.022%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.910	−0.087%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAMlong	+0.0196%	1h	60.963	long leg	$78.9M	$35.9M	20x
Deribit DRAM_USDC-PERPETUAL	+0.0243%	1h	60.940	−0.038%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0360%	1h	60.978	+0.025%	$1.1M	$1.2M	20x	as long as short