Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h −0.056%

Price spread now: Bitget against RISEx0.000%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$250.247% of the position

Long on RISEx Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.101%−$10 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now 0.000%, 7d avg +0.013%

Together, before fees−0.117%−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	62.420	0	get 0.0000% / 1h	38m 20s	$442K	$501K	20x
Short	Bitget DRAMUSDT	62.420	0.0105	get 0.0105% / 8h	4h 38m	$26.3M	$13.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against RISEx. 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 RISExbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $22.05
Price spread: 0.000% → +0.013%: −$1.25
Slippage, 4 orders: −$6.66
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$3.87
Costs to cover: 0.247%
Break-even: 8.2 days

Slippage from RISEx: live order book, 20 min ago; Bitget: live order book, 5 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 RISEx live order book, 20 min ago	1.36 bp	4.4 bp −$4	5.7 bp −$57	doesn't fit	doesn't fit
Sell Bitget live order book, 5 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/USDClong	0.0000%	1h	62.420	long leg	$442K	$501K	20x
SunX DRAM-USDT	0.0000%	8h	62.420	0.000%	$730	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	−0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	62.394	−0.042%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.412	−0.013%	$970K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0040%	4h	62.437	+0.027%	$151K	$296K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.360	−0.096%	$51K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.048%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.394	−0.042%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.414	−0.010%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.380	−0.064%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.400	−0.032%	$1.0M	$78K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.410	−0.016%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0073%	8h	62.460	+0.064%	$37K	$167K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0094%	8h	62.416	−0.007%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0095%	1h	62.401	−0.030%	$81.8M	$35.4M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.421	+0.002%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.410	−0.016%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.460	+0.064%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.433	+0.020%	$4K	—	10x	as long as short
Bitget DRAMUSDTshort	+0.0105%	8h	62.420	0.000%	$26.3M	$13.2M	20x
OKX DRAM-USDT-SWAP	+0.0140%	8h	62.430	+0.016%	$5.5M	$4.4M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.144%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0170%	1h	62.403	−0.027%	$198K	$436K	25x	as long as short
Bybit DRAMUSDT	+0.0197%	8h	62.440	+0.032%	$9.7M	$9.8M	100x	as long as short
Aster DRAMUSDT	+0.0307%	8h	62.439	+0.030%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0393%	8h	62.463	+0.070%	$2.4M	$753K	—	as long as short
Extended DRAM-USD	+0.0424%	1h	62.404	−0.025%	$75K	$636K	10x	as long as short
Binance DRAMUSDT	+0.0426%	8h	62.420	0.000%	$45.0M	$80.3M	50x	as long as short
MEXC DRAM_USDT	+0.0427%	8h	62.420	0.000%	$9.2M	$5.4M	100x	as long as short
BloFin DRAM-USDT	+0.0569%	8h	62.470	+0.080%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0615%	8h	62.460	+0.064%	$8.2M	$3.5M	75x	as long as short