Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0199%/8h= −21.8% APRpaid last 24h −0.043%

Price spread now: Gate against tradeXYZ+0.038%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$560.556% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$17 on $10k

Price spread, last 7 days+0.070%+$7 · spread now +0.038%, 7d avg +0.079%

Together, before fees−0.095%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.041% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.079%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	60.367	0.0199	pay 0.0025% / 1h	20m 26s	$78.4M	$35.8M	20x
Short	Gate DRAM_USDT	60.390	0	get 0.0000% / 8h	7h 20m	$7.9M	$3.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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 tradeXYZbpFee GatebpOrdersPrice spread, now +0.038%Rate

Funding earned: −$41.88
Price spread: +0.038% → +0.079%: −$4.14
Slippage, 4 orders: −$22.6
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$101.62
Costs to cover: 0.556%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago	0.50 bp	10.9 bp −$11	12.0 bp −$120	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.49 bp	14.6 bp −$15	22.8 bp −$228	29.0 bp −$2,902	57.5 bp −$28.7K

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
Bitget DRAMUSDT	−0.0538%	8h	60.390	+0.038%	$26.4M	$15.2M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.376	+0.015%	$193K	$39K	20x	as long as short
Extended DRAM-USD	0.0000%	1h	60.376	+0.014%	$75K	$248K	10x	as long as short
Binance DRAMUSDT	0.0000%	8h	60.390	+0.038%	$43.6M	$91.5M	50x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.374	+0.011%	$416K	$337K	20x	as long as short
Gate DRAM_USDTshort	0.0000%	8h	60.390	+0.038%	$7.9M	$3.7M	75x
MEXC DRAM_USDT	0.0000%	8h	60.380	+0.022%	$8.4M	$5.4M	100x	as long as short
Variational Omni DRAM	0.0000%	8h	60.406	+0.065%	$2.2M	$688K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.230	−0.227%	$36K	$210K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.360	−0.012%	$727	$2.5M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DRAM-USDT	0.0000%	8h	60.230	−0.227%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.400	+0.055%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0017%	8h	60.410	+0.071%	$5.4M	$6.2M	50x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.380	+0.022%	$47K	$67K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0041%	1h	60.234	−0.220%	$1K	$29K	5x	as long as short
edgeX DRAMUSDC	+0.0043%	4h	60.225	−0.236%	$146K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.340	−0.045%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.260	−0.177%	$161K	$502K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.367	0.000%	$251K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.367	0.000%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.300	−0.111%	$1.1M	$3.5M	10x	as long as short
QFEX DRAM-USD	+0.0053%	1h	60.300	−0.111%	$983K	$91K	10x	as long as short
Bybit DRAMUSDT	+0.0056%	8h	60.400	+0.055%	$9.5M	$10.5M	100x	as long as short
BloFin DRAM-USDT	+0.0060%	8h	60.360	−0.012%	$301K	$26K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.316	−0.084%	$72K	$30K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.310	−0.094%	$2.9M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.250	−0.194%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.340	−0.045%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.322	−0.075%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0128%	8h	60.389	+0.036%	—	—	5x	as long as short
tradeXYZ xyz:DRAMlong	+0.0199%	1h	60.367	long leg	$78.4M	$35.8M	20x
Coinbase International DRAM-PERP-INTX	+0.0248%	1h	60.100	−0.442%	$527K	$87K	20x	as long as short
Lighter DRAM	+0.0296%	1h	60.381	+0.023%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0745%	1h	60.360	−0.012%	$12K	$3K	20x	as long as short