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−0.0426%/8h= −46.7% APRnext payment $4.26 per $10,000 · paid last 24h −0.047%
Price spread now: Bitget against Variational Omni−0.107%7-day average +0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.068%−$7 on $10k
Price spread, last 7 days+0.105%+$10 · spread now −0.107%, 7d avg +0.010%
Together, before fees+0.036%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.117% cheaper against Variational Omni than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.068% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DRAM61.2160.0133pay 0.0133% / 8h2h 31m$2.3M$676K
ShortBitget DRAMUSDT61.150−0.0293pay 0.0293% / 8h2h 31m$25.8M$13.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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
−$89.55
Price spread: −0.107% → +0.010%
−$11.7
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$113.25
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bitget: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago3.12 bpdoesn't fit8.3 bp −$83doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.64 bp8.1 bp −$815.5 bp −$15535.0 bp −$3,49982.8 bp −$41.4K

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
Bitget DRAMUSDTshort−0.0293%8h61.150−0.107%$25.8M$13.9M20x
RISEx DRAM/USDC0.0000%1h61.102−0.185%$423K$507K20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.062−0.250%$36K$193K10xas long as short
SunX DRAM-USDT0.0000%8h61.130−0.140%$547$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.170−0.074%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.160−0.091%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0021%8h61.109−0.174%$9.4M$10.1M100xas long as short
Aftermath Perps DRAMUSD+0.0025%1h61.162−0.087%$1K$31K5xas long as short
OKX DRAM-USDT-SWAP+0.0036%8h61.130−0.140%$5.4M$5.3M50xas long as short
Arcus DRAM-USD+0.0040%1h61.110−0.172%$48K$75K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h61.100−0.189%10xas long as short
QFEX DRAM-USD+0.0050%1h61.110−0.172%$995K$84K10xas long as short
Entropy io:DRAM+0.0050%1h61.120−0.156%$169K$468K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.083−0.216%$256K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.089−0.207%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.020−0.319%$1.1M$3.0M10xas long as short
Aster DRAMUSDT+0.0071%8h61.130−0.140%$197K$35K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0077%1h61.120−0.156%$13K$3K20xas long as short
edgeX DRAMUSDC+0.0082%4h61.065−0.246%$148K$299K20xas long as short
Pacifica DRAM+0.0100%1h61.098−0.192%$73K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.090−0.205%$3.0M$404K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.060−0.254%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.110−0.172%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0101%8h61.091−0.203%5xas long as short
Aevo DRAM-PERP+0.0104%1h61.127−0.144%$4K10xas long as short
Gate DRAM_USDT+0.0116%8h61.140−0.123%$8.0M$3.6M75xas long as short
Variational Omni DRAMlong+0.0133%8h61.216long leg$2.3M$676K
tradeXYZ xyz:DRAM+0.0134%1h61.088−0.208%$79.2M$35.8M20xas long as short
BloFin DRAM-USDT+0.0163%8h61.140−0.123%$301K$26K20xas long as short
Extended DRAM-USD+0.0176%1h61.121−0.155%$76K$191K10xas long as short
Binance DRAMUSDT+0.0178%8h61.120−0.155%$43.8M$84.9M50xas long as short
MEXC DRAM_USDT+0.0180%8h61.100−0.189%$8.1M$5.6M100xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.060−0.254%$524K$74K20xas long as short
Lighter DRAM+0.0200%1h61.112−0.169%$1.1M$1.2M20xas long as short