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+0.0131%/8h= +14.3% APRnext payment +$1.31 per $10,000 · paid last 24h +0.037%
Price spread now: Gate against KuCoin+0.097%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1211.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.130%−$13 on $10k
Price spread, last 7 days−0.044%−$4 · spread now +0.097%, 7d avg +0.053%
Together, before fees−0.174%−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.044% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DRAMUSDTM61.6000.0100pay 0.0100% / 8h2h 45m$3.0M$402K20x
ShortGate DRAM_USDT61.6600.0231get 0.0231% / 8h2h 45m$8.1M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
$27.51
Price spread: +0.097% → +0.053%
$4.42
Slippage, 4 orders
−$94.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$89.48
Costs to cover
1.214%
Break-even
29.8 days
Slippage from KuCoin: live order book, 7 min ago; Gate: live order book, 3 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 KuCoin live order book, 7 min ago0.81 bp48.4 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.43 bp21.2 bp −$2125.6 bp −$25629.1 bp −$2,90758.7 bp −$29.4K

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%1h61.636+0.059%$434K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h61.6000.000%$26.0M$13.9M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.6000.000%$36K$191K10xas long as short
SunX DRAM-USDT0.0000%8h61.610+0.016%$795$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.6000.000%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.6000.000%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0003%4h61.594−0.010%$149K$299K20xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.626+0.041%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.610+0.016%$48K$76K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.6000.000%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0050%1h61.630+0.049%$1.0M$84K10xas long as short
Entropy io:DRAM+0.0050%1h61.6000.000%$170K$466K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.619+0.031%$259K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.605+0.008%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.590−0.016%$1.1M$2.6M10xas long as short
OKX DRAM-USDT-SWAP+0.0052%8h61.610+0.016%$5.4M$4.7M50xas long as short
Bybit DRAMUSDT+0.0053%8h61.610+0.016%$9.5M$10.0M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0075%1h61.620+0.032%$13K$3K20xas long as short
Aster DRAMUSDT+0.0097%8h61.587−0.020%$198K$35K20xas long as short
Pacifica DRAM+0.0100%1h61.602+0.003%$74K$49K10xas long as short
KuCoin DRAMUSDTMlong+0.0100%8h61.600long leg$3.0M$402K20x
ApeX Omni DRAMUSDT+0.0100%1h61.640+0.065%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.630+0.049%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.610+0.016%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0109%8h61.629+0.046%5xas long as short
Variational Omni DRAM+0.0157%8h61.624+0.039%$2.4M$618Kas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.510−0.146%$528K$74K20xas long as short
Extended DRAM-USD+0.0208%1h61.614+0.022%$74K$238K10xas long as short
tradeXYZ xyz:DRAM+0.0208%1h61.565−0.057%$80.0M$35.6M20xas long as short
MEXC DRAM_USDT+0.0210%8h61.590−0.016%$9.0M$5.5M100xas long as short
Binance DRAMUSDT+0.0210%8h61.580−0.032%$44.2M$83.4M50xas long as short
BloFin DRAM-USDT+0.0214%8h61.630+0.049%$300K$26K20xas long as short
Gate DRAM_USDTshort+0.0231%8h61.660+0.097%$8.1M$3.6M75x
Lighter DRAM+0.0232%1h61.613+0.021%$1.1M$1.2M20xas long as short