Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment −$3.00 per $10,000 · paid last 24h −0.023%
Price spread now: Aster against Gate−0.028%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.028%, 7d avg 0.000%
=Together, before fees+0.033%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.028% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DRAM_USDT | 62.490 | 0.0613 | pay 0.0613% / 8h | 4h 40m | $8.2M | $3.5M | 75x |
| Short | Aster DRAMUSDT | 62.473 | 0.0313 | get 0.0313% / 8h | 4h 40m | $201K | $35K | 20x |
Gate DRAM_USDT
Aster DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$62.9
- Price spread: −0.028% → 0.000%
- −$2.82
- Slippage, 4 orders
- −$27.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$116.46
- Costs to cover
- 0.508%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Aster: live order book, 16 min ago.
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 Gate live order book, 3 min ago | 1.60 bp | 15.8 bp −$16 | 28.3 bp −$283 | 83.8 bp −$8,381 | doesn't fit |
| Sell Aster live order book, 16 min ago | 2.40 bp | 7.9 bp −$8 | 8.8 bp −$88 | doesn't fit | doesn't fit |
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 | 62.454 | −0.057% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.460 | −0.048% | $635 | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.390 | −0.160% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.460 | −0.048% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0024% | 1h | 62.390 | −0.161% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.448 | −0.067% | $970K | $1.0M | 20x | as long as short |
| edgeX DRAMUSDC | +0.0040% | 4h | 62.437 | −0.085% | $151K | $296K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.360 | −0.208% | $51K | $79K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.410 | −0.128% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.416 | −0.118% | $267K | $1.3M | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Lighter DRAM
edgeX DRAMUSDC
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 62.456 | −0.054% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.400 | −0.144% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.440 | −0.080% | $1.0M | $78K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0081% | 8h | 62.402 | −0.141% | $37K | $167K | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0097% | 8h | 62.451 | −0.063% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.463 | −0.043% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.430 | −0.096% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.390 | −0.160% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.470 | −0.032% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.467 | −0.037% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0107% | 1h | 62.430 | −0.096% | $81.8M | $35.6M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0107% | 8h | 62.460 | −0.048% | $26.3M | $13.2M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0142% | 8h | 62.470 | −0.032% | $5.5M | $4.5M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | −0.256% | $535K | $75K | 20x | as long as short |
| Entropy io:DRAM | +0.0167% | 1h | 62.410 | −0.128% | $215K | $428K | 25x | as long as short |
| Bybit DRAMUSDT | +0.0203% | 8h | 62.494 | +0.006% | $9.7M | $9.8M | 100x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0231% | 1h | 62.440 | −0.080% | $13K | $3K | 20x | as long as short |
| Aster DRAMUSDTshort | +0.0313% | 8h | 62.473 | −0.028% | $201K | $35K | 20x | |
| Variational Omni DRAM | +0.0393% | 8h | 62.463 | −0.042% | $2.4M | $753K | — | as long as short |
| Binance DRAMUSDT | +0.0430% | 8h | 62.460 | −0.048% | $45.0M | $80.4M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0431% | 8h | 62.450 | −0.064% | $9.2M | $5.4M | 100x | as long as short |
| Extended DRAM-USD | +0.0432% | 1h | 62.444 | −0.073% | $75K | $636K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0575% | 8h | 62.450 | −0.064% | $302K | $26K | 20x | as long as short |
| Gate DRAM_USDTlong | +0.0613% | 8h | 62.490 | long leg | $8.2M | $3.5M | 75x |
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
GRVT DRAM_USDT_Perp
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Coinbase International DRAM-PERP-INTX
Entropy io:DRAM
Bybit DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
Extended DRAM-USD
BloFin DRAM-USDT