Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.005%

Price spread now: Bitget against SoDEX+0.034%49s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 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 +$2 a day on $10k at the current rate, and Bitget is 0.034% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX DRAM-USD	62.399	0.0050	pay 0.0006% / 1h	39m 22s	$2K	$15K	20x
Short	Bitget DRAMUSDT	62.420	0.0106	get 0.0106% / 8h	4h 39m	$26.3M	$13.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SoDEX. 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 SoDEXbpFee BitgetbpOrdersPrice spread, now +0.034%Rate

Funding earned: $11.76
Price spread: +0.034% → 0.000%: $3.37
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$4.87
Costs to cover: 0.200%
Break-even: 9.9 days

Slippage unknown: SoDEX: no order-book sample; Bitget: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	0.80 bp	8.3 bp −$8	14.6 bp −$146	42.9 bp −$4,289	95.3 bp −$47.7K

SoDEX: 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
RISEx DRAM/USDC	0.0000%	1h	62.413	+0.023%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.450	+0.082%	$703	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.400	+0.002%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	+0.018%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	62.398	−0.002%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.414	+0.024%	$970K	$1.0M	20x	as long as short
edgeX DRAMUSDC	+0.0040%	4h	62.437	+0.060%	$151K	$296K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.360	−0.063%	$51K	$79K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.390	−0.014%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.404	+0.008%	$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-USDlong	+0.0050%	1h	62.399	long leg	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.380	−0.030%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.400	+0.002%	$1.0M	$78K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0073%	8h	62.460	+0.098%	$37K	$167K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0096%	8h	62.411	+0.019%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.422	+0.037%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.410	+0.018%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.460	+0.098%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.440	+0.066%	$9K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0101%	1h	62.413	+0.022%	$81.8M	$35.4M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.439	+0.064%	$4K	—	10x	as long as short
Bitget DRAMUSDTshort	+0.0106%	8h	62.420	+0.034%	$26.3M	$13.2M	20x
OKX DRAM-USDT-SWAP	+0.0140%	8h	62.430	+0.050%	$5.5M	$4.4M	50x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.111%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0167%	1h	62.402	+0.005%	$198K	$436K	25x	as long as short
Bybit DRAMUSDT	+0.0200%	8h	62.460	+0.098%	$9.7M	$9.8M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.420	+0.034%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0310%	8h	62.437	+0.061%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0393%	8h	62.463	+0.103%	$2.4M	$753K	—	as long as short
Binance DRAMUSDT	+0.0427%	8h	62.420	+0.034%	$45.0M	$80.4M	50x	as long as short
MEXC DRAM_USDT	+0.0429%	8h	62.420	+0.034%	$9.2M	$5.4M	100x	as long as short
Extended DRAM-USD	+0.0432%	1h	62.396	−0.005%	$75K	$636K	10x	as long as short
BloFin DRAM-USDT	+0.0575%	8h	62.450	+0.082%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0613%	8h	62.460	+0.098%	$8.2M	$3.5M	75x	as long as short