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+0.0233%/8h= +25.5% APRnext payment +$2.33 per $10,000 · paid last 24h +0.022%
Price spread now: Gate against OKX+0.016%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 7 days+0.005%$0 · spread now +0.016%, 7d avg +0.009%
Together, before fees−0.063%−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DRAM-USDT-SWAP61.6400.0056pay 0.0056% / 8h2h 57m$5.4M$4.7M50x
ShortGate DRAM_USDT61.6500.0289get 0.0289% / 8h2h 57m$8.1M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$48.93
Price spread: +0.016% → +0.009%
$0.73
Slippage, 4 orders
−$19.7
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$4.96
Costs to cover
0.447%
Break-even
6.3 days
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 1 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, 5 min ago0.81 bp7.6 bp −$814.3 bp −$143120.2 bp −$12.0Kdoesn't fit
Sell Gate live order book, 1 min ago1.62 bp15.6 bp −$1625.7 bp −$25729.9 bp −$2,98660.1 bp −$30.1K

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%1h61.580−0.097%$433K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h61.630−0.016%$26.0M$13.8M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.490−0.243%$36K$190K10xas long as short
SunX DRAM-USDT0.0000%8h61.620−0.032%$954$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.490−0.243%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.620−0.032%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.520−0.195%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.500−0.227%$48K$77K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.530−0.178%10xas long as short
QFEX DRAM-USD+0.0050%1h61.570−0.114%$1.0M$84K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DRAM-USD+0.0050%1h61.572−0.110%$258K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.560−0.130%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.490−0.243%$1.1M$2.5M10xas long as short
edgeX DRAMUSDC+0.0056%4h61.479−0.262%$149K$299K20xas long as short
OKX DRAM-USDT-SWAPlong+0.0056%8h61.640long leg$5.4M$4.7M50x
Bybit DRAMUSDT+0.0063%8h61.647+0.011%$9.5M$10.0M100xas long as short
Pacifica DRAM+0.0100%1h61.532−0.176%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.570−0.114%$3.0M$400K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.510−0.211%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.600−0.065%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.607−0.054%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0109%8h61.557−0.135%5xas long as short
Aster DRAMUSDT+0.0115%8h61.599−0.066%$198K$35K20xas long as short
Entropy io:DRAM+0.0142%1h61.504−0.221%$170K$466K25xas long as short
Variational Omni DRAM+0.0175%8h61.464−0.285%$2.4M$618Kas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.510−0.211%$528K$74K20xas long as short
BloFin DRAM-USDT+0.0204%8h61.560−0.130%$301K$26K20xas long as short
MEXC DRAM_USDT+0.0228%8h61.620−0.032%$9.0M$5.5M100xas long as short
Binance DRAMUSDT+0.0228%8h61.628−0.019%$44.1M$83.0M50xas long as short
Extended DRAM-USD+0.0232%1h61.606−0.055%$74K$241K10xas long as short
tradeXYZ xyz:DRAM+0.0248%1h61.573−0.109%$80.1M$35.7M20xas long as short
Lighter DRAM+0.0264%1h61.613−0.044%$1.1M$1.2M20xas long as short
Gate DRAM_USDTshort+0.0289%8h61.650+0.016%$8.1M$3.6M75x
Deribit DRAM_USDC-PERPETUAL+0.0562%1h61.610−0.049%$13K$3K20xas long as short