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+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h −0.015%
Price spread now: Orderly against OKX−0.113%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.113% cheaper against OKX than usual: you would sell low and buy high (spread −0.113% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 9.3 days of funding at the current rate (+$1 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DRAM-USDT-SWAP61.7700.0060pay 0.0060% / 8h2h 52m$5.5M$4.7M50x
ShortOrderly PERP_DRAM_USDC_mythos61.7000.0100get 0.0100% / 8h2h 52m$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$8.5
Price spread: −0.113% → 0.000%
−$11.33
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$18.84
Costs to cover
0.160%
Break-even
22.5 days
Slippage unknown: OKX: live order book, 5 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago0.81 bp7.8 bp −$815.2 bp −$152101.2 bp −$10.1Kdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx DRAM/USDC0.0000%1h61.740−0.048%$434K$501K20xas long as short
Bitget DRAMUSDT0.0000%8h61.730−0.065%$26.1M$13.9M20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.610−0.259%$37K$189K10xas long as short
SunX DRAM-USDT0.0000%8h61.710−0.097%$919$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.670−0.162%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.710−0.097%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0018%4h61.622−0.239%$149K$298K20xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.589−0.293%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.630−0.227%$48K$76K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.670−0.162%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0050%1h61.740−0.049%$1.0M$84K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.684−0.139%$259K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.703−0.108%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.700−0.113%$1.1M$2.6M10xas long as short
OKX DRAM-USDT-SWAPlong+0.0060%8h61.770long leg$5.5M$4.7M50x
Bybit DRAMUSDT+0.0062%8h61.767−0.005%$9.5M$10.0M100xas long as short
Entropy io:DRAM+0.0093%1h61.640−0.210%$170K$465K25xas long as short
Pacifica DRAM+0.0100%1h61.695−0.121%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.700−0.113%$3.0M$401K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.680−0.146%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythosshort+0.0100%8h61.700−0.113%$8K10x
Aevo DRAM-PERP+0.0104%1h61.706−0.104%$4K10xas long as short
Aster DRAMUSDT+0.0111%8h61.729−0.067%$199K$35K20xas long as short
Paradex DRAM-USD-PERP+0.0113%8h61.727−0.069%5xas long as short
Variational Omni DRAM+0.0175%8h61.664−0.171%$2.4M$618Kas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.510−0.421%$528K$74K20xas long as short
Binance DRAMUSDT+0.0224%8h61.744−0.043%$44.2M$83.2M50xas long as short
Extended DRAM-USD+0.0224%1h61.728−0.068%$74K$238K10xas long as short
MEXC DRAM_USDT+0.0224%8h61.750−0.032%$9.0M$5.5M100xas long as short
BloFin DRAM-USDT+0.0227%8h61.720−0.081%$300K$26K20xas long as short
Lighter DRAM+0.0248%1h61.739−0.050%$1.1M$1.2M20xas long as short
tradeXYZ xyz:DRAM+0.0256%1h61.719−0.083%$80.2M$35.5M20xas long as short
Gate DRAM_USDT+0.0265%8h61.7700.000%$8.1M$3.6M75xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0399%1h61.700−0.113%$13K$3K20xas long as short