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−0.0046%/8h= −5.1% APRnext payment $0.46 per $10,000 · paid last 24h +0.060%
Price spread now: OKX against Bitget+0.065%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$350.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 7 days−0.059%−$6 · spread now +0.065%, 7d avg −0.007%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.071% dearer against Bitget than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.007%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT61.6300.0112pay 0.0112% / 8h2h 26m$25.9M$12.6M20x
ShortOKX DRAM-USDT-SWAP61.6700.0066get 0.0066% / 8h2h 26m$5.4M$4.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
−$9.73
Price spread: +0.065% → −0.007%
$7.14
Slippage, 4 orders
−$13.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$37.85
Costs to cover
0.353%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 1 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 Bitget live order book, 2 min ago0.81 bp8.3 bp −$813.8 bp −$13819.1 bp −$1,91259.8 bp −$29.9K
Sell OKX live order book, 1 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%8h61.640+0.016%$8.2M$3.5M75xas long as short
SunX DRAM-USDT0.0000%8h61.620−0.016%$799$3.3M10xas long as short
HTX DRAM-USDT0.0000%8h61.610−0.032%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.640+0.016%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0036%4h61.628−0.004%$152K$290K20xas long as short
Aftermath Perps DRAMUSD+0.0037%1h61.594−0.058%$1K$36K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.560−0.114%$79710xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.603−0.044%$203K$1.2M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.635+0.008%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.550−0.130%$1.2M$1.7M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DRAM-USDT-SWAPshort+0.0066%8h61.670+0.065%$5.4M$4.9M50x
QFEX DRAM-USD+0.0080%1h61.6300.000%$1.0M$77K10xas long as short
Pacifica DRAM+0.0100%1h61.563−0.109%$75K$40K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.570−0.097%$3.0M$483K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.540−0.146%$22K$182K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.6300.000%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.641+0.018%$4K10xas long as short
Aster DRAMUSDT+0.0105%8h61.605−0.040%$201K$33K20xas long as short
Bitget DRAMUSDTlong+0.0112%8h61.630long leg$25.9M$12.6M20x
Bybit DRAMUSDT+0.0168%8h61.660+0.049%$9.1M$10.2M100xas long as short
tradeXYZ xyz:DRAM+0.0168%1h61.619−0.018%$79.0M$39.7M20xas long as short
Paradex DRAM-USD-PERP+0.0168%8h61.634+0.007%5xas long as short
Variational Omni DRAM+0.0170%8h61.632+0.004%$2.4M$998Kas long as short
GRVT DRAM_USDT_Perp+0.0177%8h61.621−0.015%$36K$190K10xas long as short
Entropy io:DRAM+0.0186%1h61.574−0.091%$249K$503K25xas long as short
Coinbase International DRAM-PERP-INTX+0.0232%1h61.510−0.195%$510K$43K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0237%1h61.640+0.016%$13K$9K20xas long as short
MEXC DRAM_USDT+0.0238%8h61.620−0.016%$11.1M$6.4M100xas long as short
Lighter DRAM+0.0240%1h61.648+0.029%$991K$1.2M20xas long as short
Extended DRAM-USD+0.0240%1h61.630−0.001%$102K$741K10xas long as short
Binance DRAMUSDT+0.0242%8h61.636+0.010%$43.7M$82.6M50xas long as short
BloFin DRAM-USDT+0.0263%8h61.640+0.016%$295K$26K20xas long as short
RISEx DRAM/USDC+0.0459%1h61.6300.000%$475K$439K20xas long as short
Arcus DRAM-USD+0.0739%1h61.620−0.016%$50K$96K10xas long as short