Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.052%

Price spread now: OKX against edgeX+0.037%91s7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.298% of the position

Long on edgeX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$2 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.037%, 7d avg +0.013%

Together, before fees−0.036%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.024% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.013%. The two prices were read 91 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	edgeX DRAMUSDC	61.777	0.0025	pay 0.0013% / 4h	1h 20m	$153K	$288K	20x
Short	OKX DRAM-USDT-SWAP	61.800	0.0120	get 0.0120% / 8h	1h 20m	$5.4M	$4.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against edgeX. 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 edgeXbpFee OKXbpOrdersPrice spread, now +0.037%Rate

Funding earned: $19.77
Price spread: +0.037% → +0.013%: $2.42
Slippage, 4 orders: −$10.81
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$7.61
Costs to cover: 0.298%
Break-even: 9.7 days

Slippage from edgeX: live order book, 63 min ago; OKX: live order book, 3 min ago.

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 edgeX live order book, 63 min ago	2.43 bp	7.2 bp −$7	14.0 bp −$140	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.81 bp	7.9 bp −$8	14.4 bp −$144	77.0 bp −$7,700	doesn't fit

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	61.810	+0.053%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.790	+0.021%	$824	$3.3M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.770	−0.012%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.790	+0.021%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDClong	+0.0025%	4h	61.777	long leg	$153K	$288K	20x
Aftermath Perps DRAMUSD	+0.0037%	1h	61.760	−0.027%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.700	−0.125%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.699	−0.127%	$253K	$505K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.764	−0.021%	$210K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.790	+0.021%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.710	−0.109%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.770	−0.012%	$1.0M	$77K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.743	−0.055%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.780	+0.004%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.810	+0.053%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	+0.004%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.801	+0.038%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0107%	8h	61.740	−0.060%	$198K	$36K	20x	as long as short
Bitget DRAMUSDT	+0.0115%	8h	61.800	+0.037%	$26.0M	$12.5M	20x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0120%	8h	61.800	+0.037%	$5.4M	$4.6M	50x
GRVT DRAM_USDT_Perp	+0.0140%	8h	61.780	+0.004%	$36K	$183K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0164%	8h	61.767	−0.016%	—	—	5x	as long as short
Variational Omni DRAM	+0.0196%	8h	61.777	0.000%	$2.4M	$949K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.319%	$510K	$43K	20x	as long as short
Bybit DRAMUSDT	+0.0233%	8h	61.830	+0.085%	$9.3M	$10.4M	100x	as long as short
MEXC DRAM_USDT	+0.0239%	8h	61.790	+0.021%	$11.2M	$6.4M	100x	as long as short
Extended DRAM-USD	+0.0240%	1h	61.778	+0.001%	$77K	$765K	10x	as long as short
Binance DRAMUSDT	+0.0241%	8h	61.790	+0.021%	$43.8M	$82.6M	50x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.796	+0.030%	$455K	$475K	20x	as long as short
Lighter DRAM	+0.0296%	1h	61.790	+0.021%	$968K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0312%	1h	61.788	+0.017%	$79.3M	$39.4M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.780	+0.004%	$13K	$9K	20x	as long as short
BloFin DRAM-USDT	+0.0467%	8h	61.800	+0.037%	$295K	$27K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.770	−0.012%	$50K	$91K	10x	as long as short