Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.052%

Price spread now: Ondo Perps against Gate−0.146%7-day average −0.112% · you buy dearer than you sell

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

Long on Gate Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days+0.062%+$6 · spread now −0.146%, 7d avg −0.112%

Together, before fees+0.122%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.034% cheaper against Gate than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of −0.112%). If the spread goes back, that is −$3 on $10k: about 2.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DRAM_USDT	61.470	0	get 0.0000% / 8h	2h 04m	$8.0M	$3.7M	75x
Short	Ondo Perps DRAM-USD.P	61.380	0.0050	get 0.0006% / 1h	4m 23s	$1.1M	$3.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.146%Rate

Funding earned: $10.58
Price spread: −0.146% → −0.112%: −$3.42
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$12.83
Costs to cover: 0.200%
Break-even: 15.5 days

Slippage unknown: Gate: live order book, 4 min ago; Ondo Perps: 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, 4 min ago	1.63 bp	15.7 bp −$16	25.2 bp −$252	78.9 bp −$7,891	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Bitget DRAMUSDT	−0.0471%	8h	61.430	−0.065%	$26.1M	$14.4M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.404	−0.108%	$425K	$506K	20x	as long as short
Gate DRAM_USDTlong	0.0000%	8h	61.470	long leg	$8.0M	$3.7M	75x
GRVT DRAM_USDT_Perp	0.0000%	8h	61.462	−0.013%	$36K	$196K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.440	−0.049%	$847	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.310	−0.260%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.420	−0.081%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0014%	8h	61.434	−0.059%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.358	−0.182%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.390	−0.130%	$48K	$69K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.400	−0.114%	—	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0046%	8h	61.420	−0.081%	$5.5M	$5.7M	50x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.400	−0.114%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.394	−0.124%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.415	−0.089%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Pshort	+0.0050%	1h	61.380	−0.146%	$1.1M	$3.4M	10x
Aster DRAMUSDT	+0.0060%	8h	61.433	−0.061%	$198K	$35K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	61.428	−0.068%	$149K	$298K	20x	as long as short
Entropy io:DRAM	+0.0077%	1h	61.366	−0.169%	$170K	$470K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.374	−0.156%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.390	−0.130%	$3.0M	$411K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.490	+0.033%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.410	−0.098%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.410	−0.098%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.444	−0.042%	$2.3M	$669K	—	as long as short
Paradex DRAM-USD-PERP	+0.0120%	8h	61.395	−0.122%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0146%	1h	61.400	−0.114%	$79.5M	$36.1M	20x	as long as short
Binance DRAMUSDT	+0.0165%	8h	61.403	−0.109%	$44.0M	$87.0M	50x	as long as short
MEXC DRAM_USDT	+0.0167%	8h	61.400	−0.114%	$8.1M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.383	−0.142%	$76K	$188K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.586%	$525K	$75K	20x	as long as short
BloFin DRAM-USDT	+0.0191%	8h	61.470	0.000%	$298K	$26K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0239%	1h	61.420	−0.081%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.413	−0.093%	$1.1M	$1.2M	20x	as long as short