Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.036%

Price spread now: Gate against Aevo+0.087%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Gate is 0.087% dearer against Aevo than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	61.217	0.0104	pay 0.0013% / 1h	48m 21s	$4K	—	10x
Short	Gate DRAM_USDT	61.270	0	get 0.0000% / 8h	1h 48m	$8.0M	$3.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aevo. 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 AevobpFee GatebpOrdersPrice spread, now +0.087%Rate

Funding earned: −$21.84
Price spread: +0.087% → 0.000%: $8.71
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$44.13
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Gate: live order book, 5 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	1.63 bp	21.6 bp −$22	25.1 bp −$251	31.3 bp −$3,129	60.7 bp −$30.4K

Aevo: 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	−0.0452%	8h	61.250	+0.054%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.220	+0.005%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.238	+0.035%	$424K	$419K	20x	as long as short
Gate DRAM_USDTshort	0.0000%	8h	61.270	+0.087%	$8.0M	$3.7M	75x
GRVT DRAM_USDT_Perp	0.0000%	8h	61.270	+0.087%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.210	−0.011%	$843	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.180	−0.060%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.170	−0.076%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.210	−0.011%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.253	+0.059%	$1K	$31K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DRAMUSDT	+0.0032%	8h	61.235	+0.031%	$197K	$35K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0032%	8h	61.220	+0.005%	$5.4M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.250	+0.054%	$998K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.260	+0.071%	$48K	$68K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.260	+0.071%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.265	+0.079%	$169K	$469K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.201	−0.026%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.229	+0.020%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.220	+0.005%	$1.1M	$3.4M	10x	as long as short
Variational Omni DRAM	+0.0083%	8h	61.275	+0.095%	$2.3M	$682K	—	as long as short
edgeX DRAMUSDC	+0.0093%	4h	61.247	+0.049%	$148K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.280	+0.103%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.220	+0.005%	$3.0M	$414K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.290	+0.120%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.200	−0.027%	$8K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	61.217	long leg	$4K	—	10x
Paradex DRAM-USD-PERP	+0.0106%	8h	61.282	+0.107%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0107%	1h	61.188	−0.047%	$79.2M	$35.8M	20x	as long as short
Lighter DRAM	+0.0128%	1h	61.227	+0.017%	$1.1M	$1.2M	20x	as long as short
Binance DRAMUSDT	+0.0133%	8h	61.200	−0.028%	$43.8M	$87.3M	50x	as long as short
Extended DRAM-USD	+0.0136%	1h	61.180	−0.060%	$74K	$190K	10x	as long as short
MEXC DRAM_USDT	+0.0136%	8h	61.210	−0.011%	$8.0M	$5.6M	100x	as long as short
BloFin DRAM-USDT	+0.0146%	8h	61.330	+0.185%	$302K	$26K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.174%	$525K	$75K	20x	as long as short