Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h −0.024%

Price spread now: edgeX against OKX−0.099%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.099%, 7d avg −0.009%

Together, before fees+0.120%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.090% cheaper against OKX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DRAM-USDT-SWAP	62.510	0.0112	pay 0.0112% / 8h	4h 22m	$5.5M	$4.5M	50x
Short	edgeX DRAMUSDC	62.448	0.0095	get 0.0047% / 4h	22m 49s	$151K	$297K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.099%Rate

Funding earned: −$3.57
Price spread: −0.099% → −0.009%: −$9
Slippage, 4 orders: −$11.02
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$42.58
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 35 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 OKX live order book, 5 min ago	0.80 bp	7.0 bp −$7	14.6 bp −$146	93.8 bp −$9,384	doesn't fit
Sell edgeX live order book, 35 min ago	2.40 bp	6.9 bp −$7	14.4 bp −$144	doesn't fit	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
RISEx DRAM/USDC	0.0000%	1h	62.480	−0.048%	$442K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.480	−0.048%	$744	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.420	−0.144%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.480	−0.048%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.422	−0.140%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.466	−0.070%	$971K	$1.0M	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0037%	8h	62.460	−0.080%	$37K	$171K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.440	−0.112%	$49K	$78K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.430	−0.128%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.448	−0.099%	$267K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX DRAM-USD	+0.0050%	1h	62.478	−0.051%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.410	−0.160%	$1.1M	$2.2M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.470	−0.064%	$1.0M	$78K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0066%	1h	62.463	−0.075%	$81.9M	$35.3M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0082%	8h	62.464	−0.074%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0093%	8h	62.490	−0.032%	$26.3M	$13.2M	20x	as long as short
edgeX DRAMUSDCshort	+0.0095%	4h	62.448	−0.099%	$151K	$297K	20x
Pacifica DRAM	+0.0100%	1h	62.434	−0.121%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.450	−0.096%	$3.0M	$393K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.470	−0.064%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.490	−0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.486	−0.038%	$4K	—	10x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0112%	8h	62.510	long leg	$5.5M	$4.5M	50x
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.288%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0158%	1h	62.443	−0.107%	$183K	$441K	25x	as long as short
Bybit DRAMUSDT	+0.0159%	8h	62.506	−0.006%	$9.8M	$9.7M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0230%	1h	62.470	−0.064%	$13K	$3K	20x	as long as short
Aster DRAMUSDT	+0.0274%	8h	62.461	−0.079%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0355%	8h	62.443	−0.106%	$2.4M	$747K	—	as long as short
Extended DRAM-USD	+0.0384%	1h	62.469	−0.066%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0388%	8h	62.486	−0.038%	$45.0M	$80.0M	50x	as long as short
MEXC DRAM_USDT	+0.0391%	8h	62.480	−0.048%	$8.9M	$5.5M	100x	as long as short
BloFin DRAM-USDT	+0.0454%	8h	62.510	0.000%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0634%	8h	62.510	0.000%	$8.2M	$3.5M	75x	as long as short