DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0504%/8h= −55.2% APRnext payment −$5.04 per $10,000 · paid last 24h −0.047%

Price spread now: Bitget against Gate−0.032%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$470.467% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days+0.008%+$1 · spread now −0.032%, 7d avg −0.001%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bitget is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.001%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.04 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	62.470	0.0609	pay 0.0609% / 8h	4h 41m	$8.2M	$3.5M	75x
Short	Bitget DRAMUSDT	62.450	0.0105	get 0.0105% / 8h	4h 41m	$26.3M	$13.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$105.84
Price spread: −0.032% → −0.001%: −$3.13
Slippage, 4 orders: −$19.73
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$155.7
Costs to cover: 0.467%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago	1.60 bp	15.8 bp −$16	28.3 bp −$283	83.8 bp −$8,381	doesn't fit
Sell Bitget live order book, 2 min ago	0.80 bp	8.3 bp −$8	14.6 bp −$146	42.9 bp −$4,289	95.3 bp −$47.7K

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	62.440	−0.048%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.450	−0.032%	$878	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.390	−0.128%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.450	−0.032%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	62.378	−0.147%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.443	−0.043%	$970K	$1.0M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.360	−0.176%	$51K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.410	−0.096%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.416	−0.086%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.447	−0.037%	$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	62.390	−0.128%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.430	−0.064%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0069%	4h	62.383	−0.139%	$151K	$298K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0081%	8h	62.402	−0.109%	$37K	$167K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0098%	8h	62.438	−0.051%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0100%	1h	62.422	−0.077%	$81.8M	$35.6M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.455	−0.024%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.420	−0.080%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.390	−0.128%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.470	0.000%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.460	−0.016%	$4K	—	10x	as long as short
Bitget DRAMUSDTshort	+0.0105%	8h	62.450	−0.032%	$26.3M	$13.2M	20x
OKX DRAM-USDT-SWAP	+0.0144%	8h	62.450	−0.032%	$5.5M	$4.5M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.224%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0163%	1h	62.403	−0.107%	$233K	$420K	25x	as long as short
Bybit DRAMUSDT	+0.0206%	8h	62.493	+0.037%	$9.7M	$9.9M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.440	−0.048%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0319%	8h	62.465	−0.009%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0405%	8h	62.383	−0.139%	$2.4M	$738K	—	as long as short
Extended DRAM-USD	+0.0432%	1h	62.434	−0.058%	$75K	$636K	10x	as long as short
Binance DRAMUSDT	+0.0434%	8h	62.440	−0.048%	$45.0M	$80.5M	50x	as long as short
MEXC DRAM_USDT	+0.0436%	8h	62.440	−0.048%	$9.2M	$5.4M	100x	as long as short
BloFin DRAM-USDT	+0.0589%	8h	62.420	−0.080%	$303K	$26K	20x	as long as short
Gate DRAM_USDTlong	+0.0609%	8h	62.470	long leg	$8.2M	$3.5M	75x