Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.024%

Price spread now: Bitget against Aevo−0.014%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	61.609	0.0104	pay 0.0013% / 1h	4m 02s	$4K	—	10x
Short	Bitget DRAMUSDT	61.600	0.0083	get 0.0083% / 8h	2h 04m	$25.9M	$12.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aevo. 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 AevobpFee BitgetbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$4.41
Price spread: −0.014% → 0.000%: −$1.43
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$33.84
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 5 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 Aevo no order-book sample	—	—	—	—	—
Sell Bitget live order book, 5 min ago	0.81 bp	11.4 bp −$11	18.3 bp −$183	36.8 bp −$3,683	97.1 bp −$48.5K

Aevo: 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_USDT	0.0000%	8h	61.600	−0.014%	$8.2M	$3.6M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.600	−0.014%	$684	$3.3M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.590	−0.031%	$13K	$9K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.580	−0.047%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.600	−0.014%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0001%	4h	61.574	−0.057%	$152K	$289K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0031%	1h	61.586	−0.037%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.550	−0.095%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.546	−0.102%	$251K	$503K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.578	−0.050%	$203K	$1.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	61.594	−0.024%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.530	−0.128%	$1.2M	$1.7M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0055%	8h	61.610	+0.002%	$5.4M	$4.9M	50x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.590	−0.031%	$1.0M	$77K	10x	as long as short
Bitget DRAMUSDTshort	+0.0083%	8h	61.600	−0.014%	$25.9M	$12.6M	20x
Aster DRAMUSDT	+0.0086%	8h	61.600	−0.014%	$198K	$36K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.609	0.000%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.580	−0.047%	$3.0M	$484K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.580	−0.047%	$22K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.590	−0.031%	$8K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	61.609	long leg	$4K	—	10x
tradeXYZ xyz:DRAM	+0.0124%	1h	61.586	−0.037%	$78.9M	$39.7M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0126%	8h	61.601	−0.012%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0132%	8h	61.630	+0.034%	$9.2M	$10.3M	100x	as long as short
Lighter DRAM	+0.0144%	1h	61.601	−0.013%	$990K	$1.2M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0158%	8h	61.580	−0.046%	$36K	$190K	10x	as long as short
Variational Omni DRAM	+0.0167%	8h	61.582	−0.043%	$2.4M	$978K	—	as long as short
BloFin DRAM-USDT	+0.0208%	8h	61.610	+0.002%	$295K	$26K	20x	as long as short
Extended DRAM-USD	+0.0216%	1h	61.601	−0.012%	$102K	$741K	10x	as long as short
MEXC DRAM_USDT	+0.0217%	8h	61.600	−0.014%	$11.1M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0217%	8h	61.600	−0.014%	$43.7M	$82.9M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.580	−0.047%	$510K	$44K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.602	−0.010%	$479K	$443K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.590	−0.031%	$50K	$94K	10x	as long as short