ArbiLayer

DRAM arbitrage

live

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

Best net spread-0.06%KuCoin → Binance · Perp–Perp
Best perp–perp spread+0.10%KuCoin → Binance
Markets tracked1010 venues · 10 perp · 0 spot · 0 DEX
Price range0.17%$59.96 – $60.07

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoin$59.97Binance logoBinance$60.03 +0.10%-0.06% +0.10%— +0.003%— LS Chart →
KuCoin logoKuCoin$59.97Bybit logoBybit$60.03 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
KuCoin logoKuCoin$59.97Bitget logoBitget$60.03 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
KuCoin logoKuCoin$59.97MEXC logoMEXC$60.03 +0.10%-0.06% +0.10%— +0.003%— LS Chart →
KuCoin logoKuCoin$59.97Gate logoGate$60.03 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
KuCoin logoKuCoin$59.97HTX logoHTX$60.03 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
KuCoin logoKuCoin$59.97Aster logoAster$60.02 +0.08%-0.08% +0.09%— +0.006%— LS Chart →
KuCoin logoKuCoin$59.97OKX logoOKX$60.01 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
KuCoin logoKuCoin$59.97Variational logoVariational$59.98 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
OKX logoOKX$60.02Binance logoBinance$60.03 +0.02%-0.14% +0.02%— +0.003%— LS Chart →
OKX logoOKX$60.02Bybit logoBybit$60.03 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
OKX logoOKX$60.02Bitget logoBitget$60.03 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
OKX logoOKX$60.02MEXC logoMEXC$60.03 +0.02%-0.14% +0.02%— +0.003%— LS Chart →
OKX logoOKX$60.02Gate logoGate$60.03 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
OKX logoOKX$60.02HTX logoHTX$60.03 +0.02%-0.14% +0.02%— 0.000%— 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 $60.03$60.04$60.040.00% 0.000%$10.60M
Bybit logoBybitPerpetual · DRAMUSDTPerpetual $60.03$60.04$60.040.00% 0.000%$9.70M
MEXC logoMEXCPerpetual · DRAM_USDTPerpetual $60.03$60.04$60.040.00% +0.003%$5.52M
OKX logoOKXPerpetual · DRAM-USDT-SWAPPerpetual $60.01$60.02$60.02-0.03% 0.000%$3.40M
Variational logoVariationalPerpetual · DRAMPerpetual $59.98$60.02$60.00-0.06% 0.000%$2.46M
Gate logoGatePerpetual · DRAM_USDTPerpetual $60.03$60.04$60.040.00% 0.000%$871.5K
KuCoin logoKuCoinPerpetual · DRAMUSDTMPerpetual $59.95$59.97$59.96-0.12% 0.000%$305.9K
HTX logoHTXPerpetual · DRAM-USDTPerpetual $60.03$60.10$60.07+0.05% 0.000%$5.6K
Binance logoBinancePerpetual · DRAMUSDTPerpetual $60.03$60.04$60.040.00% +0.003%—
Aster logoAsterPerpetual · DRAMUSDTPerpetual $60.02$60.05$60.040.00% +0.006%—
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 $59.97 and the highest bid on Bitget perp at $60.03.

The widest DRAM perpetual spread is between KuCoin and Binance: long DRAM on KuCoin at $59.97 and short on Binance at $60.03 for +0.10% gross, or -0.06% 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 +0.003% 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 Binance (Perp–Perp): +0.10% gross and -0.06% 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 $59.97, and Bitget (perp) the highest bid at $60.03. 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 (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

CRO +16.96%OKB +14.58%POWER +14.49%BLAST +10.52%UPC +7.62%ESPORTS +6.79%C98 +6.18%OPENAI +6.14%ONE +4.89%BDX +4.86%AI +4.27%ANTHROPIC +3.38%CATE +3.25%H100 +3.13%ZIL +2.95%EGLD +2.92%SPCX +2.82%OURA +2.73%