Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0774%/8h= +84.8% APRpaid last 24h +0.051%

Price spread now: Gate against edgeX+0.062%67s7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$610.615% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 3 days (all we have)−0.115%−$12 · spread now +0.062%, 7d avg +0.002%

Together, before fees−0.159%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Gate is 0.060% dearer against edgeX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.002%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	62.481	0.0069	pay 0.0034% / 4h	3h 04m	$151K	$296K	20x
Short	Gate DRAM_USDT	62.520	0.0843	get 0.0843% / 8h	7h 04m	$8.3M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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 edgeXbpFee GatebpOrdersPrice spread, now +0.062%Rate

Funding earned: $162.64
Price spread: +0.062% → +0.002%: $5.95
Slippage, 4 orders: −$37.46
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $107.13
Costs to cover: 0.615%
Break-even: 2.4 days

Slippage from edgeX: 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 edgeX live order book, 4 min ago	6.40 bp	11.0 bp −$11	18.8 bp −$188	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.60 bp	21.1 bp −$21	24.7 bp −$247	30.6 bp −$3,059	62.3 bp −$31.2K

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
SunX DRAM-USDT	0.0000%	8h	62.490	+0.014%	$596	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.450	−0.050%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.490	+0.014%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.460	−0.035%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.430	−0.082%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.463	−0.029%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.488	+0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	−0.130%	$1.2M	$1.9M	10x	as long as short
edgeX DRAMUSDClong	+0.0069%	4h	62.481	long leg	$151K	$296K	20x
Pacifica DRAM	+0.0100%	1h	62.501	+0.031%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.460	−0.034%	$3.0M	$420K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.370	−0.178%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.510	+0.046%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.512	+0.049%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.478	−0.005%	$972K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.470	−0.018%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.146%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0227%	1h	62.469	−0.020%	$82.3M	$37.6M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0243%	8h	62.502	+0.033%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0249%	8h	62.490	+0.014%	$5.5M	$4.6M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.490	+0.014%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0480%	8h	62.530	+0.078%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0503%	8h	62.377	−0.167%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0520%	1h	62.381	−0.161%	$255K	$448K	25x	as long as short
Variational Omni DRAM	+0.0585%	8h	62.483	+0.003%	$2.4M	$749K	—	as long as short
Bitget DRAMUSDT	+0.0596%	8h	62.500	+0.030%	$26.2M	$12.8M	20x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.460	−0.034%	$51K	$82K	10x	as long as short
Extended DRAM-USD	+0.0624%	1h	62.475	−0.010%	$76K	$665K	10x	as long as short
MEXC DRAM_USDT	+0.0624%	8h	62.480	−0.002%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0629%	8h	62.480	−0.002%	$45.0M	$81.9M	50x	as long as short
Gate DRAM_USDTshort	+0.0843%	8h	62.520	+0.062%	$8.3M	$3.5M	75x
BloFin DRAM-USDT	+0.0980%	8h	62.500	+0.030%	$298K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1049%	8h	62.448	−0.053%	$37K	$153K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.482	+0.001%	$456K	$499K	20x	as long as short