Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.005%

Price spread now: OKX against tradeXYZ+0.059%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on tradeXYZ Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.059%, 7d avg +0.070%

Together, before fees−0.105%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.070%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	62.293	0.0229	pay 0.0029% / 1h	51m 25s	$82.2M	$36.9M	20x
Short	OKX DRAM-USDT-SWAP	62.330	0.0211	get 0.0211% / 8h	5h 51m	$5.5M	$4.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against tradeXYZ. 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 tradeXYZbpFee OKXbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$3.8
Price spread: +0.059% → +0.070%: −$1.03
Slippage, 4 orders: −$7.69
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee OKX: 5 bp × 2 orders: −$10
Net: −$40.53
Costs to cover: 0.357%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 8 min ago; OKX: live order book, 1 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 tradeXYZ live order book, 8 min ago	0.08 bp	10.5 bp −$11	11.8 bp −$118	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.80 bp	7.7 bp −$8	15.0 bp −$150	doesn't fit	doesn't fit

DRAM on 33 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	62.316	+0.037%	$442K	$506K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.310	+0.027%	$786	$2.8M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.280	−0.021%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.320	+0.043%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0032%	1h	62.260	−0.052%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.290	−0.005%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.270	−0.037%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.294	+0.002%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.307	+0.022%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.230	−0.101%	$1.2M	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.300	+0.011%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0058%	4h	62.298	+0.008%	$151K	$297K	20x	as long as short
Entropy io:DRAM	+0.0096%	1h	62.251	−0.067%	$253K	$421K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.319	+0.041%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.280	−0.021%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.320	+0.043%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.330	+0.059%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.333	+0.064%	$4K	—	10x	as long as short
Bitget DRAMUSDT	+0.0132%	8h	62.320	+0.043%	$26.2M	$13.2M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0149%	8h	62.296	+0.004%	—	—	5x	as long as short
Lighter DRAM	+0.0160%	1h	62.303	+0.016%	$968K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.406%	$534K	$76K	20x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0211%	8h	62.330	+0.059%	$5.5M	$4.5M	50x
tradeXYZ xyz:DRAMlong	+0.0229%	1h	62.293	long leg	$82.2M	$36.9M	20x
Deribit DRAM_USDC-PERPETUAL	+0.0232%	1h	62.300	+0.011%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0238%	8h	62.318	+0.039%	$37K	$155K	10x	as long as short
Bybit DRAMUSDT	+0.0292%	8h	62.356	+0.101%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0432%	8h	62.336	+0.070%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0519%	8h	62.285	−0.013%	$2.4M	$710K	—	as long as short
Gate DRAM_USDT	+0.0523%	8h	62.360	+0.108%	$8.2M	$3.5M	75x	as long as short
Extended DRAM-USD	+0.0552%	1h	62.303	+0.017%	$75K	$669K	10x	as long as short
Binance DRAMUSDT	+0.0553%	8h	62.315	+0.035%	$44.8M	$81.5M	50x	as long as short
MEXC DRAM_USDT	+0.0553%	8h	62.310	+0.027%	$9.6M	$5.5M	100x	as long as short