Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0290%/8h= +31.7% APRpaid last 24h −0.038%

Price spread now: Gate against Deribit+0.096%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Gate

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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.096% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	62.330	0.0392	pay 0.0049% / 1h	29m 09s	$13K	$3K	20x
Short	Gate DRAM_USDT	62.390	0.0682	get 0.0682% / 8h	7h 29m	$8.3M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Deribit. 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 DeribitbpFee GatebpOrdersPrice spread, now +0.096%Rate

Funding earned: $60.87
Price spread: +0.096% → 0.000%: $9.63
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $48.49
Costs to cover: 0.220%
Break-even: 1.4 days

Slippage unknown: Deribit: no order-book sample; Gate: live order book, 4 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 Deribit no order-book sample	—	—	—	—	—
Sell Gate live order book, 4 min ago	1.61 bp	19.4 bp −$19	23.1 bp −$231	28.1 bp −$2,811	57.9 bp −$29.0K

Deribit: 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
SunX DRAM-USDT	0.0000%	8h	62.350	+0.032%	$746	$3.0M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.330	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.380	+0.080%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0026%	4h	62.305	−0.040%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	62.317	−0.022%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.280	−0.080%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.314	−0.026%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.334	+0.006%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.280	−0.080%	$1.1M	$1.9M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.348	+0.030%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.300	−0.048%	$3.0M	$433K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.300	−0.048%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.350	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.352	+0.035%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.353	+0.037%	$965K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.340	+0.016%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.658%	$535K	$95K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0209%	8h	62.333	+0.005%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0229%	8h	62.410	+0.128%	$5.5M	$4.7M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0259%	1h	62.345	+0.024%	$81.8M	$39.5M	20x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0392%	1h	62.330	long leg	$13K	$3K	20x
Aster DRAMUSDT	+0.0397%	8h	62.266	−0.102%	$200K	$36K	20x	as long as short
Bybit DRAMUSDT	+0.0424%	8h	62.427	+0.156%	$9.6M	$10.5M	100x	as long as short
Bitget DRAMUSDT	+0.0453%	8h	62.370	+0.064%	$26.2M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0481%	8h	62.305	−0.040%	$2.4M	$751K	—	as long as short
Entropy io:DRAM	+0.0500%	1h	62.260	−0.112%	$254K	$462K	25x	as long as short
MEXC DRAM_USDT	+0.0523%	8h	62.370	+0.064%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0526%	8h	62.384	+0.086%	$44.6M	$81.5M	50x	as long as short
Extended DRAM-USD	+0.0528%	1h	62.346	+0.026%	$75K	$769K	10x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.300	−0.048%	$51K	$81K	10x	as long as short
Gate DRAM_USDTshort	+0.0682%	8h	62.390	+0.096%	$8.3M	$3.4M	75x
GRVT DRAM_USDT_Perp	+0.0771%	8h	62.312	−0.029%	$37K	$157K	10x	as long as short
BloFin DRAM-USDT	+0.0899%	8h	62.370	+0.064%	$298K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.347	+0.028%	$460K	$495K	20x	as long as short