Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0155%/8h= −17.0% APRpaid last 24h +0.039%

Price spread now: Arcus against OKX−0.064%47s7-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 Arcus

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

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Arcus is 0.064% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 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	OKX DRAM-USDT-SWAP	62.270	0.0196	pay 0.0196% / 8h	5h 31m	$5.5M	$4.5M	50x
Short	Arcus DRAM-USD	62.230	0.0040	get 0.0005% / 1h	31m 51s	$51K	$81K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.064%Rate

Funding earned: −$32.63
Price spread: −0.064% → 0.000%: −$6.42
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$53.55
Costs to cover: 0.145%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 1 min ago; Arcus: 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, 1 min ago	0.80 bp	7.7 bp −$8	15.6 bp −$156	98.7 bp −$9,871	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

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 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
RISEx DRAM/USDC	0.0000%	1h	62.265	−0.008%	$442K	$506K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.270	0.000%	$766	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.240	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.270	0.000%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	62.236	−0.055%	$1K	$33K	5x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	62.230	−0.064%	$51K	$81K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	62.200	−0.112%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.234	−0.058%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.258	−0.019%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.190	−0.128%	$1.1M	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.250	−0.032%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0059%	1h	62.203	−0.108%	$253K	$419K	25x	as long as short
edgeX DRAMUSDC	+0.0087%	4h	62.235	−0.057%	$151K	$297K	20x	as long as short
Bitget DRAMUSDT	+0.0088%	8h	62.270	0.000%	$26.2M	$13.2M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.275	+0.008%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.250	−0.032%	$3.0M	$402K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.190	−0.128%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.290	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.283	+0.021%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.255	−0.024%	$967K	$1.0M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0138%	8h	62.253	−0.027%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0169%	8h	62.246	−0.038%	$36K	$157K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0178%	1h	62.245	−0.040%	$81.8M	$37.1M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.369%	$534K	$76K	20x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0196%	8h	62.270	long leg	$5.5M	$4.5M	50x
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.240	−0.048%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0273%	8h	62.300	+0.048%	$9.7M	$10.1M	100x	as long as short
Aster DRAMUSDT	+0.0400%	8h	62.283	+0.021%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0488%	8h	62.263	−0.011%	$2.4M	$715K	—	as long as short
Extended DRAM-USD	+0.0520%	1h	62.251	−0.031%	$75K	$669K	10x	as long as short
Binance DRAMUSDT	+0.0520%	8h	62.260	−0.016%	$44.7M	$81.8M	50x	as long as short
MEXC DRAM_USDT	+0.0521%	8h	62.260	−0.016%	$9.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0546%	8h	62.300	+0.048%	$8.1M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0781%	8h	62.270	0.000%	$302K	$26K	20x	as long as short