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+0.0181%/8h= +19.8% APRnext payment +$1.81 per $10,000 · paid last 24h +0.027%
Price spread now: Binance against OKX−0.050%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 7 days+0.056%+$6 · spread now −0.050%, 7d avg +0.004%
Together, before fees+0.109%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.054% cheaper against OKX than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.004%). If the spread goes back, that is −$5 on $10k: about 24 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.053% in total) that is about 7.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DRAM-USDT-SWAP61.4800.0051pay 0.0051% / 8h2h 59m$5.4M$4.7M50x
ShortBinance DRAMUSDT61.4490.0232get 0.0232% / 8h2h 59m$44.0M$82.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$37.94
Price spread: −0.050% → +0.004%
−$5.41
Slippage, 4 orders
−$7.26
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$5.28
Costs to cover
0.273%
Break-even
6.0 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 13 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 ago0.81 bp7.6 bp −$814.3 bp −$143120.2 bp −$12.0Kdoesn't fit
Sell Binance live order book, 13 min ago0.81 bp5.8 bp −$68.1 bp −$8137.0 bp −$3,702doesn'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
RISEx DRAM/USDC0.0000%1h61.505+0.041%$433K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h61.4800.000%$25.9M$13.8M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.601+0.196%$37K$189K10xas long as short
SunX DRAM-USDT0.0000%8h61.490+0.016%$924$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.510+0.049%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.4800.000%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0007%4h61.583+0.168%$149K$299K20xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.520+0.064%$1K$31K5xas long as short
QFEX DRAM-USD+0.0036%1h61.510+0.049%$1.0M$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.510+0.049%$48K$77K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h61.4800.000%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.486+0.010%$258K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.487+0.011%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.450−0.049%$1.1M$2.5M10xas long as short
OKX DRAM-USDT-SWAPlong+0.0051%8h61.480long leg$5.4M$4.7M50x
Bybit DRAMUSDT+0.0059%8h61.471−0.015%$9.5M$10.0M100xas long as short
Pacifica DRAM+0.0100%1h61.487+0.012%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.450−0.049%$3.0M$399K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.540+0.098%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.510+0.049%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.488+0.014%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0104%1h61.510+0.049%$528K$74K20xas long as short
Paradex DRAM-USD-PERP+0.0108%8h61.488+0.013%5xas long as short
Aster DRAMUSDT+0.0118%8h61.494+0.023%$198K$35K20xas long as short
Variational Omni DRAM+0.0175%8h61.464−0.026%$2.4M$618Kas long as short
Lighter DRAM+0.0200%1h61.508+0.046%$1.1M$1.2M20xas long as short
BloFin DRAM-USDT+0.0207%8h61.530+0.081%$299K$26K20xas long as short
Extended DRAM-USD+0.0232%1h61.440−0.066%$75K$239K10xas long as short
Binance DRAMUSDTshort+0.0232%8h61.449−0.050%$44.0M$82.7M50x
MEXC DRAM_USDT+0.0233%8h61.440−0.065%$9.0M$5.7M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0238%1h61.490+0.016%$13K$3K20xas long as short
Gate DRAM_USDT+0.0303%8h61.510+0.049%$8.1M$3.6M75xas long as short
Entropy io:DRAM+0.0449%1h61.465−0.024%$169K$465K25xas long as short
tradeXYZ xyz:DRAM+0.0699%1h61.485+0.008%$80.0M$35.7M20xas long as short