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-0.07%Variational → HTX · Perp–Perp

Best perp–perp spread+0.09%Variational → HTX

Markets tracked1010 venues · 10 perp · 0 spot · 0 DEX

Price range0.21%$59.57 – $59.69

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart

No venue pairs for this coin in this mode right now.

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

BitgetPerpetual · DRAMUSDTPerpetual $59.61$59.62$59.610.00% 0.000%$8.87M

BybitPerpetual · DRAMUSDTPerpetual $59.61$59.62$59.610.00% 0.000%$8.50M

MEXCPerpetual · DRAM_USDTPerpetual $59.61$59.62$59.610.00% +0.040%$5.55M

OKXPerpetual · DRAM-USDT-SWAPPerpetual $59.60$59.61$59.61-0.02% 0.000%$2.48M

VariationalPerpetual · DRAMPerpetual $59.55$59.59$59.57-0.08% +0.023%$1.40M

GatePerpetual · DRAM_USDTPerpetual $59.63$59.64$59.64+0.03% +0.006%$670.7K

KuCoinPerpetual · DRAMUSDTMPerpetual $59.59$59.60$59.60-0.03% 0.000%$230.9K

HTXPerpetual · DRAM-USDTPerpetual $59.64$59.74$59.69+0.13% 0.000%$12.9K

BinancePerpetual · DRAMUSDTPerpetual $59.61$59.62$59.610.00% +0.040%—

AsterPerpetual · DRAMUSDTPerpetual $59.60$59.64$59.62+0.01% +0.003%—

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 Variational perp at $59.59 and the highest bid on HTX perp at $59.64.

The widest DRAM perpetual spread is between Variational and HTX: long DRAM on Variational at $59.59 and short on HTX at $59.64 for +0.09% gross, or -0.07% 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 -0.023% per day, which the position pays 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.

Is there a DRAM arbitrage opportunity right now?

The best DRAM route right now is to buy on Variational → sell on HTX (Perp–Perp): +0.09% gross and -0.07% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest DRAM?

Variational (perp) has the lowest DRAM ask at $59.59, and HTX (perp) the highest bid at $59.64. 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 (Variational now) and short it on the more expensive one (HTX), then close both legs when the spread converges. The coins never move between exchanges.

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