Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0145%/8h= −15.9% APRpaid last 24h −0.040%

Price spread now: Aftermath Perps against OKX−0.030%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Aftermath Perps

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

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aftermath Perps is 0.030% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DRAM-USDT-SWAP	62.040	0.0185	pay 0.0185% / 8h	7h 58m	$5.4M	$4.6M	50x
Short	Aftermath Perps DRAMUSD	62.022	0.0040	get 0.0005% / 1h	58m 02s	$1K	$36K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against OKX. 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 OKXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$30.4
Price spread: −0.030% → 0.000%: −$2.95
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$52.36
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; Aftermath Perps: no order-book sample. 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 OKX live order book, 5 min ago	0.81 bp	8.8 bp −$9	16.3 bp −$163	118.3 bp −$11.8K	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

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	62.070	+0.048%	$8.3M	$3.3M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.040	0.000%	$581	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.010	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.050	+0.016%	$1.8M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0026%	8h	62.090	+0.081%	$9.4M	$10.5M	100x	as long as short
edgeX DRAMUSDC	+0.0032%	4h	62.048	+0.013%	$154K	$291K	20x	as long as short
Aftermath Perps DRAMUSDshort	+0.0040%	1h	62.022	−0.030%	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.920	−0.193%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.008	−0.052%	$265K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.033	−0.011%	$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	61.930	−0.177%	$1.2M	$1.8M	10x	as long as short
tradeXYZ xyz:DRAM	+0.0071%	1h	62.033	−0.011%	$81.2M	$41.1M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.011	−0.047%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.010	−0.048%	$3.0M	$469K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.060	+0.032%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.020	−0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.085	+0.072%	$4K	—	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.000	−0.064%	$1.0M	$80K	10x	as long as short
Lighter DRAM	+0.0176%	1h	62.038	−0.003%	$969K	$1.1M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.193%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0185%	8h	62.040	long leg	$5.4M	$4.6M	50x
Bitget DRAMUSDT	+0.0197%	8h	62.020	−0.032%	$26.3M	$12.5M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0217%	8h	62.055	+0.024%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0311%	8h	62.072	+0.052%	$37K	$170K	10x	as long as short
Aster DRAMUSDT	+0.0318%	8h	62.020	−0.033%	$200K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0395%	1h	62.020	−0.032%	$13K	$9K	20x	as long as short
Variational Omni DRAM	+0.0411%	8h	62.047	+0.011%	$2.4M	$948K	—	as long as short
Entropy io:DRAM	+0.0446%	1h	62.003	−0.060%	$253K	$494K	25x	as long as short
MEXC DRAM_USDT	+0.0450%	8h	62.030	−0.016%	$10.5M	$6.6M	100x	as long as short
Binance DRAMUSDT	+0.0453%	8h	62.040	0.000%	$44.1M	$83.1M	50x	as long as short
Extended DRAM-USD	+0.0456%	1h	62.029	−0.018%	$78K	$764K	10x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.020	−0.032%	$50K	$86K	10x	as long as short
BloFin DRAM-USDT	+0.0758%	8h	62.100	+0.097%	$295K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.060	+0.032%	$457K	$475K	20x	as long as short