Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0399%/8h= +43.7% APRpaid last 24h +0.037%

Price spread now: Gate against Pacifica+0.051%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

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

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Gate is 0.051% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% 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	Pacifica DRAM	62.318	0.0100	pay 0.0013% / 1h	57m 35s	$76K	$44K	10x
Short	Gate DRAM_USDT	62.350	0.0499	get 0.0499% / 8h	5h 57m	$8.2M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Pacifica. 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 PacificabpFee GatebpOrdersPrice spread, now +0.051%Rate

Funding earned: $83.79
Price spread: +0.051% → 0.000%: $5.09
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $65.88
Costs to cover: 0.230%
Break-even: 1.5 days

Slippage unknown: Pacifica: no order-book sample; Gate: live order book, 1 min ago. 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 Pacifica no order-book sample	—	—	—	—	—
Sell Gate live order book, 1 min ago	0.80 bp	20.1 bp −$20	28.0 bp −$280	34.5 bp −$3,453	63.3 bp −$31.6K

Pacifica: 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 33 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
RISEx DRAM/USDC	0.0000%	1h	62.314	−0.007%	$448K	$505K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.320	+0.003%	$790	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.190	−0.206%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.330	+0.019%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.171	−0.236%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.230	−0.142%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.240	−0.126%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.300	−0.029%	$266K	$1.3M	10x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.210	−0.174%	$1.2M	$1.9M	10x	as long as short
QFEX DRAM-USD	+0.0055%	1h	62.310	−0.013%	$1.0M	$78K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX DRAMUSDC	+0.0057%	4h	62.231	−0.139%	$151K	$298K	20x	as long as short
Pacifica DRAMlong	+0.0100%	1h	62.318	long leg	$76K	$44K	10x
KuCoin DRAMUSDTM	+0.0100%	8h	62.260	−0.094%	$3.0M	$402K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.190	−0.206%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.330	+0.019%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.331	+0.021%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0115%	8h	62.330	+0.019%	$26.2M	$13.1M	20x	as long as short
SoDEX DRAM-USD	+0.0128%	1h	62.279	−0.063%	$2K	$15K	20x	as long as short
Lighter DRAM	+0.0128%	1h	62.307	−0.018%	$968K	$1.0M	20x	as long as short
Entropy io:DRAM	+0.0135%	1h	62.212	−0.171%	$253K	$427K	25x	as long as short
Paradex DRAM-USD-PERP	+0.0154%	8h	62.299	−0.031%	—	—	5x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.447%	$534K	$81K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0214%	8h	62.330	+0.019%	$5.5M	$4.5M	50x	as long as short
GRVT DRAM_USDT_Perp	+0.0243%	8h	62.210	−0.174%	$36K	$155K	10x	as long as short
Bybit DRAMUSDT	+0.0279%	8h	62.369	+0.081%	$9.7M	$10.1M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0295%	1h	62.279	−0.063%	$82.2M	$37.0M	20x	as long as short
Aster DRAMUSDT	+0.0435%	8h	62.327	+0.014%	$200K	$36K	20x	as long as short
Gate DRAM_USDTshort	+0.0499%	8h	62.350	+0.051%	$8.2M	$3.5M	75x
Variational Omni DRAM	+0.0525%	8h	62.224	−0.151%	$2.4M	$710K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0553%	1h	62.310	−0.013%	$13K	$3K	20x	as long as short
MEXC DRAM_USDT	+0.0558%	8h	62.300	−0.029%	$9.6M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0559%	8h	62.320	+0.003%	$44.7M	$81.6M	50x	as long as short
Extended DRAM-USD	+0.0560%	1h	62.306	−0.020%	$75K	$665K	10x	as long as short