DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0485%/8h= +53.1% APRnext payment +$4.85 per $10,000 · paid last 24h +0.057%

Price spread now: Gate against Bitget+0.049%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$500.496% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.049%, 7d avg +0.001%

Together, before fees+0.019%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Gate is 0.048% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.001%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.85 per $10,000. 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	Bitget DRAMUSDT	60.840	−0.0311	get 0.0311% / 8h	6h 54m	$26.8M	$15.4M	20x
Short	Gate DRAM_USDT	60.870	0.0174	get 0.0174% / 8h	6h 54m	$7.9M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.049%Rate

Funding earned: $101.85
Price spread: +0.049% → +0.001%: $4.79
Slippage, 4 orders: −$22.6
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $57.04
Costs to cover: 0.496%
Break-even: 3.1 days

Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 4 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 Bitget live order book, 4 min ago	0.82 bp	8.5 bp −$8	15.6 bp −$156	23.4 bp −$2,339	64.6 bp −$32.3K
Sell Gate live order book, 4 min ago	1.64 bp	11.6 bp −$12	23.9 bp −$239	30.1 bp −$3,007	60.7 bp −$30.4K

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
Entropy io:DRAM	−0.0593%	1h	60.830	−0.016%	$996K	$1.2M	25x	as long as short
Bitget DRAMUSDTlong	−0.0311%	8h	60.840	long leg	$26.8M	$15.4M	20x
SunX DRAM-USDT	0.0000%	8h	60.870	+0.049%	$1K	$2.4M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.900	+0.099%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.880	+0.066%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0025%	4h	60.887	+0.076%	$148K	$298K	20x	as long as short
Aster DRAMUSDT	+0.0035%	8h	60.873	+0.054%	$195K	$27K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.834	−0.010%	$1K	$28K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.840	0.000%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0048%	1h	60.880	+0.066%	$992K	$95K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	60.849	+0.015%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.879	+0.064%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.850	+0.016%	$1.1M	$3.5M	10x	as long as short
Variational Omni DRAM	+0.0059%	8h	60.933	+0.153%	$2.2M	$736K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0079%	1h	60.830	−0.016%	$13K	$3K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0084%	8h	60.860	+0.033%	$5.4M	$6.4M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	60.869	+0.047%	$73K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.800	−0.066%	$3.0M	$415K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.830	−0.016%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.880	+0.066%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.869	+0.048%	$4K	—	10x	as long as short
RISEx DRAM/USDC	+0.0107%	1h	60.848	+0.013%	$466K	$365K	20x	as long as short
Extended DRAM-USD	+0.0112%	1h	60.842	+0.003%	$74K	$257K	10x	as long as short
MEXC DRAM_USDT	+0.0113%	8h	60.860	+0.033%	$8.7M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0121%	8h	60.869	+0.048%	$44.1M	$92.9M	50x	as long as short
Lighter DRAM	+0.0128%	1h	60.844	+0.007%	$1.1M	$1.3M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0134%	1h	60.841	+0.002%	$79.0M	$36.7M	20x	as long as short
Bybit DRAMUSDT	+0.0161%	8h	60.863	+0.038%	$9.6M	$10.6M	100x	as long as short
Gate DRAM_USDTshort	+0.0174%	8h	60.870	+0.049%	$7.9M	$3.6M	75x
Paradex DRAM-USD-PERP	+0.0206%	8h	60.856	+0.026%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0280%	1h	60.100	−1.216%	$527K	$87K	20x	as long as short
BloFin DRAM-USDT	+0.0321%	8h	60.950	+0.181%	$299K	$26K	20x	as long as short
Arcus DRAM-USD	+0.0540%	1h	60.830	−0.016%	$48K	$69K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0827%	8h	60.910	+0.115%	$36K	$213K	10x	as long as short