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−0.0145%/8h= −15.9% APRnext payment $1.45 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against Bybit−0.064%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 7 days+0.070%+$7 · spread now −0.064%, 7d avg −0.007%
Together, before fees+0.078%+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.057% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DRAMUSDT62.4300.0248pay 0.0248% / 8h5h 03m$9.7M$10.0M100x
ShortBitget DRAMUSDT62.3900.0103get 0.0103% / 8h5h 03m$26.3M$13.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
−$30.51
Price spread: −0.064% → −0.007%
−$5.74
Slippage, 4 orders
−$8.24
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$67.5
Costs to cover
0.312%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago0.80 bp7.0 bp −$713.5 bp −$135119.6 bp −$12.0Kdoesn't fit
Sell Bitget live order book, 5 min ago0.80 bp7.5 bp −$812.2 bp −$12234.7 bp −$3,47288.0 bp −$44.0K

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
RISEx DRAM/USDC0.0000%1h62.390−0.064%$443K$501K20xas long as short
SunX DRAM-USDT0.0000%8h62.390−0.064%$704$2.7M10xas long as short
HTX DRAM-USDT0.0000%8h62.370−0.096%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.390−0.064%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0028%1h62.363−0.107%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.370−0.096%$51K$80K10xas long as short
edgeX DRAMUSDC+0.0043%4h62.379−0.082%$151K$297K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.350−0.128%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.365−0.104%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.379−0.082%$2K$15K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h62.330−0.160%$1.1M$2.2M10xas long as short
QFEX DRAM-USD+0.0055%1h62.370−0.096%$1.0M$78K10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0071%1h62.380−0.080%$13K$3K20xas long as short
Lighter DRAM+0.0088%1h62.359−0.114%$969K$1.0M20xas long as short
Entropy io:DRAM+0.0094%1h62.347−0.133%$246K$413K25xas long as short
Pacifica DRAM+0.0100%1h62.364−0.106%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.390−0.064%$3.0M$389K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.330−0.160%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.410−0.032%$9K10xas long as short
Bitget DRAMUSDTshort+0.0103%8h62.390−0.064%$26.3M$13.2M20x
Aevo DRAM-PERP+0.0104%1h62.407−0.037%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0120%8h62.398−0.051%5xas long as short
GRVT DRAM_USDT_Perp+0.0126%8h62.387−0.069%$36K$162K10xas long as short
OKX DRAM-USDT-SWAP+0.0171%8h62.390−0.064%$5.5M$4.4M50xas long as short
tradeXYZ xyz:DRAM+0.0175%1h62.357−0.117%$81.8M$36.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.625%$534K$74K20xas long as short
Bybit DRAMUSDTlong+0.0248%8h62.430long leg$9.7M$10.0M100x
Aster DRAMUSDT+0.0359%8h62.419−0.017%$201K$36K20xas long as short
Variational Omni DRAM+0.0441%8h62.393−0.060%$2.4M$717Kas long as short
Binance DRAMUSDT+0.0477%8h62.370−0.096%$44.9M$80.9M50xas long as short
MEXC DRAM_USDT+0.0479%8h62.380−0.080%$9.2M$5.6M100xas long as short
Extended DRAM-USD+0.0480%1h62.374−0.089%$76K$637K10xas long as short
Gate DRAM_USDT+0.0574%8h62.410−0.032%$8.2M$3.6M75xas long as short
BloFin DRAM-USDT+0.0696%8h62.380−0.080%$302K$26K20xas long as short