Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%

Price spread now: Gate against RISEx+0.085%7-day average −0.003% · 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−$30as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on RISEx Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.200%−$20 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.085%, 7d avg −0.003%

Together, before fees−0.306%−$31 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.088% dearer against RISEx than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	60.858	0	get 0.0000% / 1h	10m 40s	$421K	$340K	20x
Short	Gate DRAM_USDT	60.910	0	get 0.0000% / 8h	10m 40s	$8.0M	$3.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.085%Rate

Funding earned: $0
Price spread: +0.085% → −0.003%: $8.77
Slippage, 4 orders: −$18.13
Fee RISEx: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$30.36
Costs to cover: 0.391%
Break-even: never at this rate

Slippage from RISEx: live order book, 28 min ago; Gate: live order book, 3 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, 28 min ago	0.08 bp	3.1 bp −$3	4.3 bp −$43	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.64 bp	21.4 bp −$21	22.2 bp −$222	28.3 bp −$2,832	59.7 bp −$29.9K

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
Bitget DRAMUSDT	−0.0766%	8h	60.920	+0.101%	$26.6M	$15.2M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.866	+0.012%	$195K	$38K	20x	as long as short
RISEx DRAM/USDClong	0.0000%	1h	60.858	long leg	$421K	$340K	20x
Gate DRAM_USDTshort	0.0000%	8h	60.910	+0.085%	$8.0M	$3.8M	75x
Variational Omni DRAM	0.0000%	8h	60.847	−0.018%	$2.3M	$589K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.887	+0.047%	$36K	$208K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.860	+0.003%	$698	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	60.840	−0.030%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.840	−0.030%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.870	+0.019%	$1.7M	$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
OKX DRAM-USDT-SWAP	+0.0012%	8h	60.860	+0.003%	$5.4M	$6.0M	50x	as long as short
Binance DRAMUSDT	+0.0018%	8h	60.859	0.000%	$43.8M	$89.1M	50x	as long as short
MEXC DRAM_USDT	+0.0021%	8h	60.850	−0.014%	$8.4M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0024%	1h	60.830	−0.047%	$74K	$198K	10x	as long as short
Bybit DRAMUSDT	+0.0024%	8h	60.870	+0.019%	$9.6M	$10.4M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.858	−0.001%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.840	−0.030%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.860	+0.003%	$991K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.860	+0.003%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.819	−0.065%	$179K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.834	−0.040%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.851	−0.012%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.830	−0.047%	$1.1M	$3.5M	10x	as long as short
BloFin DRAM-USDT	+0.0051%	8h	60.900	+0.068%	$298K	$26K	20x	as long as short
edgeX DRAMUSDC	+0.0059%	4h	60.867	+0.015%	$148K	$300K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0096%	8h	60.838	−0.033%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.850	−0.013%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.840	−0.030%	$3.0M	$421K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.880	+0.036%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.880	+0.036%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.849	−0.015%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.940	+0.134%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0181%	1h	60.835	−0.038%	$78.7M	$35.9M	20x	as long as short
Lighter DRAM	+0.0360%	1h	60.873	+0.024%	$1.1M	$1.2M	20x	as long as short