DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0167%/8h= −18.3% APRnext payment −$1.67 per $10,000 · paid last 24h +0.017%

Price spread now: Gate against Bybit−0.063%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$560.565% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days+0.048%+$5 · spread now −0.063%, 7d avg −0.007%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.056% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	61.759	0.0167	pay 0.0167% / 8h	1h 48m	$9.3M	$10.3M	100x
Short	Gate DRAM_USDT	61.720	0	get 0.0000% / 8h	1h 48m	$8.2M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now −0.063%Rate

Funding earned: −$35.1
Price spread: −0.063% → −0.007%: −$5.62
Slippage, 4 orders: −$30.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$97.19
Costs to cover: 0.565%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 5 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 Bybit live order book, 5 min ago	1.62 bp	7.9 bp −$8	14.7 bp −$147	119.9 bp −$12.0K	doesn't fit
Sell Gate live order book, 5 min ago	2.43 bp	20.0 bp −$20	21.2 bp −$212	26.7 bp −$2,668	56.6 bp −$28.3K

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
Gate DRAM_USDTshort	0.0000%	8h	61.720	−0.063%	$8.2M	$3.5M	75x
SunX DRAM-USDT	0.0000%	8h	61.720	−0.063%	$758	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.660	−0.160%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.720	−0.063%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0024%	4h	61.712	−0.076%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	61.660	−0.160%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.620	−0.225%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.674	−0.138%	$254K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.700	−0.096%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.721	−0.062%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.640	−0.193%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.710	−0.079%	$1.0M	$77K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0082%	8h	61.720	−0.063%	$5.4M	$4.6M	50x	as long as short
Aster DRAMUSDT	+0.0090%	8h	61.731	−0.045%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0091%	8h	61.730	−0.047%	$26.0M	$12.5M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.728	−0.049%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.700	−0.096%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.700	−0.096%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.710	−0.079%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.732	−0.044%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.721	−0.061%	$35K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0148%	8h	61.717	−0.069%	—	—	5x	as long as short
Bybit DRAMUSDTlong	+0.0167%	8h	61.759	long leg	$9.3M	$10.3M	100x
Variational Omni DRAM	+0.0172%	8h	61.710	−0.080%	$2.4M	$969K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.290%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0221%	8h	61.720	−0.063%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0222%	8h	61.710	−0.079%	$43.7M	$82.7M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.711	−0.078%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.720	−0.063%	$480K	$442K	20x	as long as short
BloFin DRAM-USDT	+0.0316%	8h	61.740	−0.031%	$294K	$27K	20x	as long as short
Lighter DRAM	+0.0320%	1h	61.725	−0.055%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0334%	1h	61.704	−0.089%	$79.2M	$39.8M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.710	−0.079%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.710	−0.079%	$50K	$92K	10x	as long as short