Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.44 per $10,000 · paid last 24h +0.031%
Price spread now: OKX against Aster+0.060%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$350.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.060%, 7d avg +0.008%
Together, before fees+0.004%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.052% dearer against Aster than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.008%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DRAMUSDT61.5930.0112pay 0.0112% / 8h2h 25m$201K$33K20x
ShortOKX DRAM-USDT-SWAP61.6300.0068get 0.0068% / 8h2h 25m$5.4M$4.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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

Funding earned
−$9.25
Price spread: +0.060% → +0.008%
$5.21
Slippage, 4 orders
−$16.56
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$38.6
Costs to cover
0.346%
Break-even
never at this rate
Slippage from Aster: live order book, 60 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 60 min ago2.44 bp11.2 bp −$1130.0 bp −$300doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.81 bp9.0 bp −$914.9 bp −$14972.7 bp −$7,270doesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DRAM_USDT0.0000%8h61.630+0.060%$8.2M$3.5M75xas long as short
SunX DRAM-USDT0.0000%8h61.630+0.060%$674$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.610+0.027%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.640+0.076%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0036%4h61.628+0.056%$152K$290K20xas long as short
Aftermath Perps DRAMUSD+0.0036%1h61.601+0.013%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.580−0.021%$79710xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.601+0.013%$203K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.635+0.068%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.560−0.054%$1.2M$1.7M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAPshort+0.0068%8h61.630+0.060%$5.4M$4.9M50x
QFEX DRAM-USD+0.0080%1h61.630+0.060%$1.0M$77K10xas long as short
Pacifica DRAM+0.0100%1h61.632+0.063%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.580−0.021%$3.0M$483K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.540−0.086%$22K$182K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.630+0.060%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.643+0.081%$4K10xas long as short
Aster DRAMUSDTlong+0.0112%8h61.593long leg$201K$33K20x
Bitget DRAMUSDT+0.0112%8h61.630+0.060%$25.9M$12.6M20xas long as short
Entropy io:DRAM+0.0157%1h61.613+0.032%$249K$503K25xas long as short
Paradex DRAM-USD-PERP+0.0167%8h61.617+0.038%5xas long as short
Variational Omni DRAM+0.0170%8h61.632+0.063%$2.4M$998Kas long as short
Bybit DRAMUSDT+0.0170%8h61.660+0.108%$9.1M$10.2M100xas long as short
tradeXYZ xyz:DRAM+0.0171%1h61.612+0.031%$79.0M$39.7M20xas long as short
GRVT DRAM_USDT_Perp+0.0177%8h61.621+0.045%$36K$190K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0232%1h61.510−0.135%$510K$43K20xas long as short
Lighter DRAM+0.0240%1h61.638+0.073%$991K$1.2M20xas long as short
MEXC DRAM_USDT+0.0241%8h61.630+0.060%$11.1M$6.4M100xas long as short
Binance DRAMUSDT+0.0246%8h61.640+0.076%$43.7M$82.6M50xas long as short
Extended DRAM-USD+0.0248%1h61.628+0.056%$102K$741K10xas long as short
BloFin DRAM-USDT+0.0263%8h61.640+0.076%$295K$26K20xas long as short
RISEx DRAM/USDC+0.0459%1h61.632+0.063%$475K$439K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0562%1h61.630+0.060%$13K$9K20xas long as short
Arcus DRAM-USD+0.0739%1h61.610+0.027%$50K$95K10xas long as short