ArbiLayer

DRAM arbitrage

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Live Roundhill Memory ETF (Backpack Securities) price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.08%KuCoin → Gate · Perp–Perp
Best perp–perp spread+0.08%KuCoin → Gate
Markets tracked1010 venues · 10 perp · 0 spot · 0 DEX
Price range0.12%$60.58 – $60.65

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoin$60.59Gate logoGate$60.64 +0.08%-0.08% +0.19%— +0.319%— LS Chart →
KuCoin logoKuCoin$60.59Binance logoBinance$60.62 +0.05%-0.11% +0.07%— +0.076%— LS Chart →
KuCoin logoKuCoin$60.59Bybit logoBybit$60.62 +0.05%-0.11% +0.05%— +0.004%— LS Chart →
KuCoin logoKuCoin$60.59MEXC logoMEXC$60.62 +0.05%-0.11% +0.07%— +0.076%— LS Chart →
KuCoin logoKuCoin$60.59HTX logoHTX$60.62 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
KuCoin logoKuCoin$60.59Bitget logoBitget$60.61 +0.03%-0.13% +0.11%— +0.228%— LS Chart →
KuCoin logoKuCoin$60.59OKX logoOKX$60.61 +0.03%-0.13% +0.04%— +0.035%— LS Chart →
KuCoin logoKuCoin$60.59Aster logoAster$60.61 +0.03%-0.13% +0.06%— +0.068%— LS Chart →
Bitget logoBitget$60.62Gate logoGate$60.64 +0.03%-0.13% +0.06%— +0.090%— LS Chart →
OKX logoOKX$60.62Gate logoGate$60.64 +0.03%-0.13% +0.13%— +0.283%— LS Chart →
Variational logoVariational$60.62Gate logoGate$60.64 +0.03%-0.13% +0.12%— +0.257%— LS Chart →
Binance logoBinance$60.63Gate logoGate$60.64 +0.02%-0.14% +0.10%— +0.242%— LS Chart →
Bybit logoBybit$60.63Gate logoGate$60.64 +0.02%-0.14% +0.12%— +0.315%— LS Chart →
MEXC logoMEXC$60.63Gate logoGate$60.64 +0.02%-0.14% +0.10%— +0.243%— LS Chart →
Aster logoAster$60.63Gate logoGate$60.64 +0.02%-0.14% +0.10%— +0.251%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

DRAM price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bitget logoBitgetPerpetual · DRAMUSDTPerpetual $60.61$60.62$60.61-0.01% +0.228%$8.43M
Bybit logoBybitPerpetual · DRAMUSDTPerpetual $60.62$60.63$60.63+0.00% +0.004%$7.77M
MEXC logoMEXCPerpetual · DRAM_USDTPerpetual $60.62$60.63$60.63+0.00% +0.076%$5.49M
OKX logoOKXPerpetual · DRAM-USDT-SWAPPerpetual $60.61$60.62$60.61-0.01% +0.035%$2.46M
Variational logoVariationalPerpetual · DRAMPerpetual $60.58$60.62$60.60-0.04% +0.062%$1.50M
Gate logoGatePerpetual · DRAM_USDTPerpetual $60.64$60.65$60.64+0.04% +0.319%$635.3K
KuCoin logoKuCoinPerpetual · DRAMUSDTMPerpetual $60.56$60.59$60.58-0.08% 0.000%$215.8K
HTX logoHTXPerpetual · DRAM-USDTPerpetual $60.62$60.68$60.65+0.05% 0.000%$9.9K
Binance logoBinancePerpetual · DRAMUSDTPerpetual $60.62$60.63$60.63+0.00% +0.076%—
Aster logoAsterPerpetual · DRAMUSDTPerpetual $60.61$60.63$60.62-0.00% +0.068%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

DRAM arbitrage explained

Right now Roundhill Memory ETF (Backpack Securities) (DRAM) trades on 10 venues we scan: 10 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on KuCoin perp at $60.59 and the highest bid on Gate perp at $60.64.

The widest DRAM perpetual spread is between KuCoin and Gate: long DRAM on KuCoin at $60.59 and short on Gate at $60.64 for +0.08% gross, or -0.08% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.319% per day, which the position collects while it is open.

Small DRAM gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: DRAM funding rates · DRAM spread charts · Roundhill Memory ETF (Backpack Securities) price · arbitrage scanner for all coins.

Is there a DRAM arbitrage opportunity right now?

The best DRAM route right now is to buy on KuCoin → sell on Gate (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest DRAM?

KuCoin (perp) has the lowest DRAM ask at $60.59, and Gate (perp) the highest bid at $60.64. Prices update every 15 seconds on this page.

How many exchanges list DRAM?

ArbiLayer tracks 10 DRAM markets on 10 venues: 10 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage DRAM without transferring coins?

Use two perpetual contracts: go long DRAM on the cheaper exchange (KuCoin now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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