Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h −0.012%

Price spread now: OKX against RISEx+0.057%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on RISEx Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.042%−$4 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.057%, 7d avg 0.000%

Together, before fees−0.094%−$9 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 OKX is 0.056% dearer against RISEx than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx DRAM/USDC	61.215	0	get 0.0000% / 1h	54m 04s	$424K	$419K	20x
Short	OKX DRAM-USDT-SWAP	61.250	0.0036	get 0.0036% / 8h	1h 54m	$5.4M	$5.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against RISEx. 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 RISExbpFee OKXbpOrdersPrice spread, now +0.057%Rate

Funding earned: $7.64
Price spread: +0.057% → 0.000%: $5.63
Slippage, 4 orders: −$9.27
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$12
Costs to cover: 0.253%
Break-even: 18.0 days

Slippage from RISEx: live order book, 54 min ago; OKX: live order book, 4 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 RISEx live order book, 54 min ago	1.70 bp	4.7 bp −$5	5.6 bp −$56	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.81 bp	7.4 bp −$7	14.7 bp −$147	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
Bitget DRAMUSDT	−0.0435%	8h	61.260	+0.073%	$26.0M	$14.5M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.252	+0.060%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDClong	0.0000%	1h	61.215	long leg	$424K	$419K	20x
Gate DRAM_USDT	0.0000%	8h	61.280	+0.106%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.360	+0.236%	$36K	$199K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.220	+0.008%	$834	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.200	−0.025%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.240	+0.040%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.240	+0.040%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.309	+0.152%	$1K	$31K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAPshort	+0.0036%	8h	61.250	+0.057%	$5.4M	$5.6M	50x
QFEX DRAM-USD	+0.0039%	1h	61.210	−0.009%	$997K	$84K	10x	as long as short
Aster DRAMUSDT	+0.0040%	8h	61.238	+0.037%	$197K	$35K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.290	+0.122%	$48K	$69K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.210	−0.009%	—	—	10x	as long as short
edgeX DRAMUSDC	+0.0049%	4h	61.407	+0.312%	$149K	$297K	20x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.267	+0.084%	$169K	$468K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.186	−0.048%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.230	+0.024%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.370	+0.253%	$1.1M	$3.4M	10x	as long as short
Lighter DRAM	+0.0056%	1h	61.249	+0.055%	$1.1M	$1.1M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0074%	1h	61.203	−0.020%	$79.3M	$35.8M	20x	as long as short
Variational Omni DRAM	+0.0091%	8h	61.274	+0.096%	$2.3M	$682K	—	as long as short
Pacifica DRAM	+0.0100%	1h	61.218	+0.004%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.210	−0.009%	$3.0M	$413K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.330	+0.187%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.220	+0.008%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.218	+0.004%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0108%	8h	61.232	+0.027%	—	—	5x	as long as short
Binance DRAMUSDT	+0.0144%	8h	61.216	+0.001%	$43.8M	$87.1M	50x	as long as short
Extended DRAM-USD	+0.0144%	1h	61.199	−0.027%	$74K	$190K	10x	as long as short
MEXC DRAM_USDT	+0.0146%	8h	61.210	−0.009%	$8.0M	$5.6M	100x	as long as short
BloFin DRAM-USDT	+0.0153%	8h	61.300	+0.138%	$299K	$26K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.172%	$525K	$75K	20x	as long as short