Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h −0.060%

Price spread now: OKX against Arcus−0.098%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. OKX is 0.098% cheaper against Arcus than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 2.5 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus DRAM-USD	61.160	0.0040	pay 0.0005% / 1h	50m 02s	$59K	$80K	10x
Short	OKX DRAM-USDT-SWAP	61.100	0.0169	get 0.0169% / 8h	4h 50m	$5.4M	$6.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Arcus. 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 ArcusbpFee OKXbpOrdersPrice spread, now −0.098%Rate

Funding earned: $26.93
Price spread: −0.098% → 0.000%: −$9.81
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee OKX: 5 bp × 2 orders: −$10
Net: $2.62
Costs to cover: 0.145%
Break-even: 6.3 days

Slippage unknown: Arcus: 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 Arcus no order-book sample	—	—	—	—	—
Sell OKX live order book, 1 min ago	0.82 bp	7.3 bp −$7	14.1 bp −$141	doesn't fit	doesn't fit

Arcus: 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 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.110	−0.082%	$9.5M	$11.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.204	+0.071%	$460K	$367K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.070	−0.147%	$26.7M	$17.0M	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.220	+0.098%	$972	$2.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.210	+0.082%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.080	−0.131%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.201	+0.068%	$1K	$26K	5x	as long as short
QFEX DRAM-USD	+0.0032%	1h	61.170	+0.016%	$1.0M	$98K	10x	as long as short
Lighter DRAM	+0.0032%	1h	61.070	−0.147%	$1.1M	$1.4M	20x	as long as short
Gate DRAM_USDT	+0.0032%	8h	61.110	−0.082%	$7.9M	$3.4M	75x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus DRAM-USDlong	+0.0040%	1h	61.160	long leg	$59K	$80K	10x
edgeX DRAMUSDC	+0.0046%	4h	61.218	+0.095%	$149K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.120	−0.065%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.144	−0.026%	$300K	$1.7M	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.195	+0.057%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.150	−0.016%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.150	−0.016%	$1.1M	$3.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.120	−0.065%	$12K	$4K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.201	+0.067%	$75K	$31K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.120	−0.065%	$3.0M	$409K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.190	+0.049%	$21K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.170	+0.016%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0103%	8h	61.185	+0.041%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.151	−0.015%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0119%	1h	61.080	−0.131%	$79.2M	$38.5M	20x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0169%	8h	61.100	−0.098%	$5.4M	$6.4M	50x
Aster DRAMUSDT	+0.0175%	8h	61.139	−0.034%	$195K	$28K	20x	as long as short
Variational Omni DRAM	+0.0214%	8h	61.209	+0.080%	$2.2M	$686K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0216%	1h	61.140	−0.033%	$536K	$91K	20x	as long as short
Binance DRAMUSDT	+0.0268%	8h	61.118	−0.069%	$44.1M	$98.6M	50x	as long as short
MEXC DRAM_USDT	+0.0270%	8h	61.120	−0.065%	$9.7M	$5.5M	100x	as long as short
Extended DRAM-USD	+0.0272%	1h	61.090	−0.115%	$101K	$504K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0297%	8h	61.240	+0.131%	$36K	$230K	10x	as long as short
BloFin DRAM-USDT	+0.0674%	8h	61.240	+0.131%	$307K	$27K	20x	as long as short