Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h +0.045%

Price spread now: OKX against Aftermath Perps−0.004%54s7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on OKX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 54 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	Aftermath Perps DRAMUSD	61.602	0.0036	pay 0.0004% / 1h	21m 35s	$1K	$36K	5x
Short	OKX DRAM-USDT-SWAP	61.600	0.0065	get 0.0065% / 8h	2h 21m	$5.4M	$4.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Aftermath Perps. 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 Aftermath PerpsbpFee OKXbpOrdersPrice spread, now −0.004%Rate

Funding earned: $6.1
Price spread: −0.004% → 0.000%: −$0.38
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$13.29
Costs to cover: 0.190%
Break-even: 22.3 days

Slippage unknown: Aftermath Perps: no order-book sample; OKX: live order book, 1 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell OKX live order book, 1 min ago	0.81 bp	7.5 bp −$7	12.8 bp −$128	70.9 bp −$7,093	doesn't fit

Aftermath Perps: 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
Gate DRAM_USDT	0.0000%	8h	61.640	+0.061%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.620	+0.029%	$487	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.610	+0.012%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.630	+0.045%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0035%	4h	61.623	+0.034%	$152K	$289K	20x	as long as short
Aftermath Perps DRAMUSDlong	+0.0036%	1h	61.602	long leg	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.610	+0.012%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.601	−0.002%	$203K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.616	+0.022%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.560	−0.069%	$1.2M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAPshort	+0.0065%	8h	61.600	−0.004%	$5.4M	$4.9M	50x
Deribit DRAM_USDC-PERPETUAL	+0.0075%	1h	61.630	+0.045%	$13K	$9K	20x	as long as short
QFEX DRAM-USD	+0.0080%	1h	61.630	+0.045%	$1.0M	$77K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.632	+0.048%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.610	+0.012%	$3.0M	$483K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.660	+0.094%	$22K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.640	+0.061%	$8K	—	10x	as long as short
Entropy io:DRAM	+0.0100%	1h	61.639	+0.059%	$249K	$503K	25x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.637	+0.057%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0109%	8h	61.610	+0.012%	$25.9M	$12.6M	20x	as long as short
Aster DRAMUSDT	+0.0115%	8h	61.629	+0.044%	$201K	$33K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0153%	1h	61.600	−0.004%	$79.0M	$39.6M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0159%	8h	61.630	+0.045%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0161%	8h	61.640	+0.061%	$9.1M	$10.2M	100x	as long as short
Variational Omni DRAM	+0.0188%	8h	61.643	+0.066%	$2.4M	$980K	—	as long as short
GRVT DRAM_USDT_Perp	+0.0201%	8h	61.630	+0.045%	$36K	$190K	10x	as long as short
Lighter DRAM	+0.0216%	1h	61.633	+0.050%	$991K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.510	−0.150%	$510K	$43K	20x	as long as short
Extended DRAM-USD	+0.0248%	1h	61.621	+0.031%	$102K	$741K	10x	as long as short
Binance DRAMUSDT	+0.0249%	8h	61.620	+0.029%	$43.7M	$82.6M	50x	as long as short
MEXC DRAM_USDT	+0.0249%	8h	61.620	+0.029%	$11.1M	$6.4M	100x	as long as short
BloFin DRAM-USDT	+0.0273%	8h	61.630	+0.045%	$295K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.0459%	1h	61.611	+0.015%	$475K	$439K	20x	as long as short
Arcus DRAM-USD	+0.0739%	1h	61.630	+0.045%	$50K	$95K	10x	as long as short