Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0792%/8h= +86.8% APRpaid last 24h −0.005%
Price spread now: Ondo Perps against Bitget−0.131%7-day average −0.108% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days−0.065%−$7 · spread now −0.131%, 7d avg −0.108%
Together, before fees−0.054%+ Points / potential airdropOndo Perps: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.023% cheaper against Bitget than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.108%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.011% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT61.010−0.0742get 0.0742% / 8h35m 31s$26.4M$15.0M20x
ShortOndo Perps DRAM-USD.P60.9300.0050get 0.0006% / 1h35m 31s$1.1M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
$166.4
Price spread: −0.131% → −0.108%
−$2.32
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$147.08
Costs to cover
0.170%
Break-even
0.8 days
Slippage unknown: Bitget: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago0.82 bp8.3 bp −$811.9 bp −$11921.8 bp −$2,18261.3 bp −$30.7K
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDTlong−0.0742%8h61.010long leg$26.4M$15.0M20x
Aster DRAMUSDT0.0000%8h60.948−0.101%$196K$35K20xas long as short
RISEx DRAM/USDC0.0000%1h60.956−0.088%$422K$341K20xas long as short
Gate DRAM_USDT0.0000%8h61.030+0.033%$8.0M$3.7M75xas long as short
Variational Omni DRAM0.0000%8h60.953−0.093%$2.3M$580Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.996−0.023%$36K$205K10xas long as short
SunX DRAM-USDT0.0000%8h60.980−0.049%$874$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.960−0.082%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.980−0.049%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0002%8h61.0100.000%$9.6M$10.4M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0010%8h60.990−0.033%$5.4M$6.0M50xas long as short
BloFin DRAM-USDT+0.0028%8h61.000−0.016%$297K$26K20xas long as short
Extended DRAM-USD+0.0032%1h60.943−0.110%$77K$196K10xas long as short
MEXC DRAM_USDT+0.0032%8h60.960−0.082%$7.7M$5.7M100xas long as short
Binance DRAMUSDT+0.0032%8h60.960−0.082%$43.7M$88.7M50xas long as short
Aftermath Perps DRAMUSD+0.0035%1h60.987−0.038%$1K$30K5xas long as short
edgeX DRAMUSDC+0.0037%4h60.963−0.076%$148K$298K20xas long as short
Arcus DRAM-USD+0.0040%1h60.950−0.098%$47K$67K10xas long as short
QFEX DRAM-USD+0.0040%1h60.970−0.066%$992K$84K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.940−0.115%10xas long as short
Entropy io:DRAM+0.0050%1h60.931−0.129%$179K$480K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.928−0.134%$253K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.973−0.061%$2K$15K20xas long as short
Ondo Perps DRAM-USD.Pshort+0.0050%1h60.930−0.131%$1.1M$3.5M10x
Pacifica DRAM+0.0100%1h60.986−0.039%$73K$38K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.950−0.098%$3.0M$422K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.960−0.082%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.970−0.066%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0102%8h60.970−0.065%5xas long as short
Aevo DRAM-PERP+0.0104%1h60.965−0.073%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0176%1h60.910−0.164%$523K$75K20xas long as short
tradeXYZ xyz:DRAM+0.0201%1h60.944−0.108%$78.8M$35.9M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0242%1h60.960−0.082%$13K$3K20xas long as short
Lighter DRAM+0.0368%1h60.995−0.025%$1.1M$1.2M20xas long as short