Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.97 per $10,000 · paid last 24h +0.031%
Price spread now: Gate against Aster+0.029%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.520% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.029%, 7d avg −0.003%
Together, before fees−0.040%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.032% dearer against Aster than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.003%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.054% in total) that is about 4.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT61.5720.0097pay 0.0097% / 8h2h 10m$201K$36K20x
ShortGate DRAM_USDT61.5900get 0.0000% / 8h2h 10m$8.2M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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
−$20.35
Price spread: +0.029% → −0.003%
$3.23
Slippage, 4 orders
−$28.98
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$69.1
Costs to cover
0.520%
Break-even
never at this rate
Slippage from Aster: live order book, 11 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 Aster live order book, 11 min ago4.06 bp14.8 bp −$1533.9 bp −$339doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago1.62 bp17.2 bp −$1723.0 bp −$23028.3 bp −$2,83256.4 bp −$28.2K

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
Gate DRAM_USDTshort0.0000%8h61.590+0.029%$8.2M$3.6M75x
SunX DRAM-USDT0.0000%8h61.570−0.003%$754$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.530−0.068%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.580+0.013%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0032%1h61.566−0.011%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.540−0.052%$79710xas long as short
Entropy io:DRAM+0.0050%1h61.552−0.032%$251K$506K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.550−0.036%$203K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.557−0.024%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.500−0.117%$1.2M$1.7M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAP+0.0052%8h61.600+0.045%$5.4M$4.9M50xas long as short
edgeX DRAMUSDC+0.0053%4h61.603+0.050%$152K$291K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0075%1h61.570−0.003%$13K$9K20xas long as short
QFEX DRAM-USD+0.0080%1h61.560−0.019%$1.0M$77K10xas long as short
Bitget DRAMUSDT+0.0088%8h61.570−0.003%$25.9M$12.6M20xas long as short
Aster DRAMUSDTlong+0.0097%8h61.572long leg$201K$36K20x
Pacifica DRAM+0.0100%1h61.585+0.021%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.560−0.019%$3.0M$483K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.580+0.013%$22K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.560−0.019%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.569−0.005%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0120%1h61.557−0.024%$78.9M$39.8M20xas long as short
Bybit DRAMUSDT+0.0133%8h61.616+0.071%$9.2M$10.3M100xas long as short
Paradex DRAM-USD-PERP+0.0135%8h61.5720.000%5xas long as short
Lighter DRAM+0.0152%1h61.568−0.006%$990K$1.2M20xas long as short
GRVT DRAM_USDT_Perp+0.0171%8h61.578+0.009%$36K$189K10xas long as short
Variational Omni DRAM+0.0187%8h61.627+0.090%$2.4M$978Kas long as short
BloFin DRAM-USDT+0.0208%8h61.600+0.045%$295K$26K20xas long as short
Binance DRAMUSDT+0.0228%8h61.576+0.006%$43.7M$82.9M50xas long as short
MEXC DRAM_USDT+0.0229%8h61.570−0.003%$11.1M$6.4M100xas long as short
Extended DRAM-USD+0.0232%1h61.568−0.006%$102K$741K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0232%1h61.580+0.013%$510K$44K20xas long as short
RISEx DRAM/USDC+0.0459%1h61.575+0.006%$474K$440K20xas long as short
Arcus DRAM-USD+0.0739%1h61.550−0.036%$50K$94K10xas long as short