Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0399%/8h= +43.6% APRpaid last 24h +0.029%

Price spread now: Deribit against Gate−0.032%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.032% cheaper against Gate than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DRAM_USDT	61.730	0	get 0.0000% / 8h	1h 48m	$8.2M	$3.5M	75x
Short	Deribit DRAM_USDC-PERPETUAL	61.710	0.0399	get 0.0050% / 1h	48m 45s	$13K	$9K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Gate. 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 GatebpFee DeribitbpOrdersPrice spread, now −0.032%Rate

Funding earned: $83.71
Price spread: −0.032% → 0.000%: −$3.24
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $58.47
Costs to cover: 0.220%
Break-even: 2.1 days

Slippage unknown: Gate: live order book, 5 min ago; Deribit: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	2.43 bp	19.6 bp −$20	33.6 bp −$336	142.7 bp −$14.3K	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate DRAM_USDTlong	0.0000%	8h	61.730	long leg	$8.2M	$3.5M	75x
SunX DRAM-USDT	0.0000%	8h	61.720	−0.016%	$758	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.660	−0.113%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.720	−0.016%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0024%	4h	61.712	−0.029%	$153K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	61.660	−0.113%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.620	−0.178%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.674	−0.091%	$254K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.700	−0.049%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.721	−0.015%	$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	−0.146%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.690	−0.065%	$1.0M	$77K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0081%	8h	61.730	0.000%	$5.4M	$4.6M	50x	as long as short
Aster DRAMUSDT	+0.0090%	8h	61.737	+0.011%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0091%	8h	61.730	0.000%	$26.0M	$12.5M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.728	−0.002%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.700	−0.049%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.700	−0.049%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.710	−0.032%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.732	+0.003%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.721	−0.014%	$35K	$189K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0149%	8h	61.713	−0.027%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0167%	8h	61.762	+0.052%	$9.3M	$10.3M	100x	as long as short
Variational Omni DRAM	+0.0172%	8h	61.710	−0.033%	$2.4M	$969K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.243%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0221%	8h	61.720	−0.016%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0222%	8h	61.720	−0.016%	$43.7M	$82.7M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.721	−0.015%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.723	−0.011%	$480K	$442K	20x	as long as short
BloFin DRAM-USDT	+0.0316%	8h	61.740	+0.016%	$294K	$27K	20x	as long as short
Lighter DRAM	+0.0320%	1h	61.725	−0.008%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0334%	1h	61.704	−0.042%	$79.2M	$39.8M	20x	as long as short
Deribit DRAM_USDC-PERPETUALshort	+0.0399%	1h	61.710	−0.032%	$13K	$9K	20x
Arcus DRAM-USD	+0.0649%	1h	61.710	−0.032%	$50K	$93K	10x	as long as short