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+0.0785%/8h= +86.0% APRnext payment +$7.85 per $10,000 · paid last 24h +0.010%
Price spread now: Orderly against Bitget−0.049%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.049% cheaper against Bitget than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$24 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT60.950−0.0685get 0.0685% / 8h59m 32s$26.1M$14.7M20x
ShortOrderly PERP_DRAM_USDC_mythos60.9200.0100get 0.0100% / 8h59m 32s$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$164.85
Price spread: −0.049% → 0.000%
−$4.92
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$141.93
Costs to cover
0.180%
Break-even
1.0 days
Slippage unknown: Bitget: live order book, 4 min ago; Orderly: 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, 4 min ago0.82 bp8.0 bp −$812.1 bp −$12138.6 bp −$3,855doesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0685%8h60.950long leg$26.1M$14.7M20x
Aster DRAMUSDT0.0000%8h60.942−0.013%$196K$35K20xas long as short
Bybit DRAMUSDT0.0000%8h60.930−0.033%$9.4M$10.2M100xas long as short
OKX DRAM-USDT-SWAP0.0000%8h60.920−0.049%$5.4M$5.9M50xas long as short
RISEx DRAM/USDC0.0000%1h60.913−0.062%$422K$345K20xas long as short
Gate DRAM_USDT0.0000%8h60.970+0.033%$8.0M$3.7M75xas long as short
Variational Omni DRAM0.0000%8h60.944−0.009%$2.3M$581Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.965+0.025%$36K$203K10xas long as short
SunX DRAM-USDT0.0000%8h60.940−0.016%$519$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h60.9500.000%$27K$3K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex DRAMUSDT0.0000%8h60.970+0.033%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0010%4h60.951+0.001%$148K$300K20xas long as short
Aftermath Perps DRAMUSD+0.0030%1h60.941−0.015%$1K$30K5xas long as short
QFEX DRAM-USD+0.0039%1h60.910−0.066%$992K$84K10xas long as short
Arcus DRAM-USD+0.0040%1h60.930−0.033%$48K$67K10xas long as short
Binance DRAMUSDT+0.0046%8h60.890−0.098%$43.6M$88.0M50xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.930−0.033%10xas long as short
MEXC DRAM_USDT+0.0047%8h60.930−0.033%$7.7M$5.6M100xas long as short
Extended DRAM-USD+0.0048%1h60.904−0.076%$74K$190K10xas long as short
Entropy io:DRAM+0.0050%1h60.913−0.061%$179K$482K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.916−0.056%$253K$1.4M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.926−0.039%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.860−0.148%$1.1M$3.5M10xas long as short
Paradex DRAM-USD-PERP+0.0084%8h60.941−0.014%5xas long as short
Pacifica DRAM+0.0100%1h60.923−0.045%$73K$46K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.910−0.066%$3.0M$420K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.990+0.066%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythosshort+0.0100%8h60.920−0.049%$8K10x
Aevo DRAM-PERP+0.0104%1h60.925−0.041%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0108%1h60.907−0.071%$78.8M$35.9M20xas long as short
BloFin DRAM-USDT+0.0120%8h60.960+0.016%$298K$26K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0160%1h61.110+0.263%$525K$75K20xas long as short
Lighter DRAM+0.0248%1h60.940−0.016%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0407%1h60.910−0.066%$13K$3K20xas long as short