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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.001%
Price spread now: Aster against OKX+0.028%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.028%, 7d avg −0.007%
Together, before fees−0.084%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.036% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DRAM-USDT-SWAP61.2400.0037pay 0.0037% / 8h2h 20m$5.4M$5.6M50x
ShortAster DRAMUSDT61.2570.0066get 0.0066% / 8h2h 20m$197K$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
$6.18
Price spread: +0.028% → −0.007%
$3.56
Slippage, 4 orders
−$21.68
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$29.94
Costs to cover
0.397%
Break-even
40.9 days
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 26 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 OKX live order book, 3 min ago1.64 bp8.0 bp −$814.0 bp −$140109.0 bp −$10.9Kdoesn't fit
Sell Aster live order book, 26 min ago3.24 bp10.1 bp −$1011.2 bp −$112doesn't fitdoesn'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
Bitget DRAMUSDT−0.0487%8h61.230−0.016%$25.9M$14.1M20xas long as short
RISEx DRAM/USDC0.0000%1h61.183−0.094%$424K$507K20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.112−0.209%$36K$194K10xas long as short
SunX DRAM-USDT0.0000%8h61.180−0.098%$963$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.160−0.131%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.230−0.016%$1.7M$1.3M10xas long as short
Bybit DRAMUSDT+0.0003%8h61.244+0.007%$9.4M$10.2M100xas long as short
Aftermath Perps DRAMUSD+0.0025%1h61.130−0.180%$1K$31K5xas long as short
OKX DRAM-USDT-SWAPlong+0.0037%8h61.240long leg$5.4M$5.6M50x
Gate DRAM_USDT+0.0039%8h61.280+0.065%$8.0M$3.7M75xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus DRAM-USD+0.0040%1h61.120−0.196%$48K$73K10xas long as short
edgeX DRAMUSDC+0.0045%4h61.127−0.184%$148K$298K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.160−0.131%10xas long as short
QFEX DRAM-USD+0.0050%1h61.190−0.082%$997K$84K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.169−0.116%$254K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.195−0.073%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.150−0.147%$1.1M$3.2M10xas long as short
Entropy io:DRAM+0.0065%1h61.120−0.196%$168K$469K25xas long as short
Aster DRAMUSDTshort+0.0066%8h61.257+0.028%$197K$35K20x
Pacifica DRAM+0.0100%1h61.154−0.141%$73K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.180−0.098%$3.0M$407K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.070−0.278%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.220−0.033%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.237−0.005%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0105%8h61.166−0.120%5xas long as short
Variational Omni DRAM+0.0110%8h61.134−0.173%$2.3M$675Kas long as short
tradeXYZ xyz:DRAM+0.0136%1h61.199−0.067%$79.3M$36.0M20xas long as short
BloFin DRAM-USDT+0.0155%8h61.220−0.033%$301K$26K20xas long as short
Binance DRAMUSDT+0.0172%8h61.210−0.049%$43.8M$86.0M50xas long as short
MEXC DRAM_USDT+0.0173%8h61.220−0.033%$8.1M$5.7M100xas long as short
Extended DRAM-USD+0.0176%1h61.207−0.054%$76K$188K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.110−0.212%$525K$75K20xas long as short
Lighter DRAM+0.0232%1h61.229−0.018%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0404%1h61.210−0.049%$13K$3K20xas long as short