Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h +0.064%

Price spread now: Arcus against Bitget−0.064%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.064% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DRAMUSDT	62.390	0.0091	pay 0.0091% / 8h	5h 09m	$26.3M	$13.2M	20x
Short	Arcus DRAM-USD	62.350	0.0040	get 0.0005% / 1h	9m 37s	$51K	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Bitget. 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 BitgetbpFee ArcusbpOrdersPrice spread, now −0.064%Rate

Funding earned: −$10.65
Price spread: −0.064% → 0.000%: −$6.41
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$33.56
Costs to cover: 0.165%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 4 min ago; Arcus: no order-book sample. 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 Bitget live order book, 4 min ago	0.80 bp	8.3 bp −$8	12.0 bp −$120	17.8 bp −$1,777	60.5 bp −$30.3K
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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
RISEx DRAM/USDC	0.0000%	1h	62.370	−0.032%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.390	0.000%	$892	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.360	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.400	+0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	62.334	−0.090%	$1K	$33K	5x	as long as short
edgeX DRAMUSDC	+0.0030%	4h	62.388	−0.003%	$151K	$296K	20x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	62.350	−0.064%	$51K	$80K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	62.350	−0.064%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.362	−0.045%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.389	−0.002%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.300	−0.144%	$1.1M	$2.1M	10x	as long as short
QFEX DRAM-USD	+0.0055%	1h	62.350	−0.064%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0088%	1h	62.330	−0.096%	$246K	$413K	25x	as long as short
Bitget DRAMUSDTlong	+0.0091%	8h	62.390	long leg	$26.3M	$13.2M	20x
Lighter DRAM	+0.0096%	1h	62.362	−0.045%	$969K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.333	−0.092%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.360	−0.048%	$3.0M	$389K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.340	−0.080%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.390	0.000%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.398	+0.014%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0119%	8h	62.368	−0.036%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0142%	8h	62.400	+0.016%	$37K	$162K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0175%	8h	62.390	0.000%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0175%	1h	62.354	−0.058%	$81.8M	$35.9M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.561%	$534K	$74K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.370	−0.032%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0241%	8h	62.418	+0.045%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0366%	8h	62.403	+0.021%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0449%	8h	62.353	−0.060%	$2.4M	$717K	—	as long as short
Binance DRAMUSDT	+0.0485%	8h	62.380	−0.016%	$44.9M	$81.2M	50x	as long as short
MEXC DRAM_USDT	+0.0486%	8h	62.360	−0.048%	$9.2M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0488%	1h	62.354	−0.058%	$76K	$637K	10x	as long as short
Gate DRAM_USDT	+0.0556%	8h	62.420	+0.048%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0708%	8h	62.370	−0.032%	$302K	$26K	20x	as long as short