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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.100%
Price spread now: tradeXYZ against Bitget−0.026%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.370% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.191%+$19 on $10k
Price spread, last 7 days−0.047%−$5 · spread now −0.026%, 7d avg −0.078%
Together, before fees+0.144%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT61.2500get 0.0000% / 8h4h 58m$26.8M$17.0M20x
ShorttradeXYZ xyz:DRAM61.2340.0050get 0.0006% / 1h58m 27s$79.4M$38.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
$10.5
Price spread: −0.026% → −0.078%
$5.16
Slippage, 4 orders
−$6.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$21.3
Costs to cover
0.370%
Break-even
21.2 days
Slippage from Bitget: live order book, 3 min ago; tradeXYZ: live order book, 4 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 Bitget live order book, 3 min ago1.63 bp8.3 bp −$813.3 bp −$13329.1 bp −$2,91575.2 bp −$37.6K
Sell tradeXYZ live order book, 4 min ago0.08 bp11.4 bp −$11doesn't fitdoesn't fitdoesn't fit

DRAM on 34 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DRAMUSDT0.0000%8h61.270+0.033%$9.5M$11.2M100xas long as short
RISEx DRAM/USDC0.0000%1h61.260+0.016%$461K$367K20xas long as short
Bitget DRAMUSDTlong0.0000%8h61.250long leg$26.8M$17.0M20x
SunX DRAM-USDT0.0000%8h61.280+0.049%$682$2.4M10xas long as short
HTX DRAM-USDT0.0000%8h61.230−0.033%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.350+0.163%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0010%4h61.272+0.036%$149K$300K20xas long as short
Aftermath Perps DRAMUSD+0.0028%1h61.235−0.025%$1K$26K5xas long as short
QFEX DRAM-USD+0.0032%1h61.240−0.016%$1.0M$98K10xas long as short
Lighter DRAM+0.0040%1h61.257+0.011%$1.1M$1.4M20xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DRAM-USD+0.0040%1h61.260+0.016%$59K$80K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.240−0.016%10xas long as short
tradeXYZ xyz:DRAMshort+0.0050%1h61.234−0.026%$79.4M$38.8M20x
Polymarket Perps DRAM-USD+0.0050%1h61.229−0.034%$255K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.289+0.064%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.300+0.082%$1.1M$3.7M10xas long as short
Gate DRAM_USDT+0.0057%8h61.320+0.114%$8.0M$3.4M75xas long as short
Entropy io:DRAM+0.0062%1h61.247−0.005%$302K$1.7M25xas long as short
Pacifica DRAM+0.0100%1h61.291+0.066%$75K$31K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.260+0.016%$3.0M$412K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.230−0.033%$21K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.310+0.098%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.308+0.094%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0109%8h61.285+0.057%5xas long as short
OKX DRAM-USDT-SWAP+0.0170%8h61.290+0.065%$5.5M$6.4M50xas long as short
Aster DRAMUSDT+0.0186%8h61.275+0.042%$196K$28K20xas long as short
Coinbase International DRAM-PERP-INTX+0.0216%1h61.140−0.180%$536K$91K20xas long as short
Variational Omni DRAM+0.0225%8h61.269+0.031%$2.2M$698Kas long as short
MEXC DRAM_USDT+0.0279%8h61.230−0.033%$9.7M$5.5M100xas long as short
Binance DRAMUSDT+0.0280%8h61.240−0.016%$44.3M$98.3M50xas long as short
Extended DRAM-USD+0.0280%1h61.239−0.019%$98K$293K10xas long as short
GRVT DRAM_USDT_Perp+0.0326%8h61.280+0.049%$36K$229K10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0403%1h61.330+0.131%$13K$3K20xas long as short
BloFin DRAM-USDT+0.0680%8h61.290+0.065%$307K$27K20xas long as short