Funding you earn now, next payment 16:00 UTC+0.1395%/8h= +152.8% APRnext payment +$13.95 per $10,000 · paid last 24h +0.128%
Price spread now: OKX against Binance+0.099%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1551.550% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.330%−$33 · spread now +0.099%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and OKX is 0.045% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.054%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RAMUSDT | 13.916 | −0.3054 | get 0.3054% / 8h | 7h 44m | $781K | $2.0M | 20x |
| Short | OKX RAM-USDT-SWAP | 13.930 | −0.1659 | pay 0.1659% / 8h | 7h 44m | $321K | $489K | 10x |
Binance RAMUSDT
OKX RAM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $293.04
- Price spread: +0.099% → +0.054%
- $4.48
- Slippage, 4 orders
- −$134.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $142.55
- Costs to cover
- 1.550%
- Break-even
- 3.6 days
Slippage from Binance: live order book, 4 min ago; OKX: live order book, 51 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 Binance live order book, 4 min ago | 3.59 bp | 15.0 bp −$15 | 64.4 bp −$644 | doesn't fit | doesn't fit |
| Sell OKX live order book, 51 min ago | 7.11 bp | 48.7 bp −$49 | 1050.0 bp −$10.5K | doesn't fit | doesn't fit |
RAM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RAM-USDT | −0.3059% | 8h | 13.900 | −0.117% | $31K | $2K | 20x | as long as short |
| MEXC RAM_USDT | −0.3055% | 8h | 13.920 | +0.027% | $390K | $90K | 20x | as long as short |
| Binance RAMUSDTlong | −0.3054% | 8h | 13.916 | long leg | $781K | $2.0M | 20x | |
| KuCoin RAMUSDTM | −0.1781% | 8h | 13.910 | −0.045% | $14K | $74K | 20x | as long as short |
| OKX RAM-USDT-SWAPshort | −0.1659% | 8h | 13.930 | +0.099% | $321K | $489K | 10x | |
| Bitget RAMUSDT | −0.1569% | 8h | 13.916 | −0.002% | $216K | $193K | 20x | as long as short |
| Bybit RAMUSDT | 0.0000% | 8h | 13.910 | −0.045% | $172K | $144K | 25x | as long as short |
| Gate RAM_USDT | 0.0000% | 8h | 13.945 | +0.206% | $24K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 13.885 | −0.225% | $6K | $5K | 10x | as long as short |
| Phemex RAMUSDT | 0.0000% | 8h | 13.920 | +0.027% | $757K | $199K | 20x | as long as short |
BloFin RAM-USDT
MEXC RAM_USDT
KuCoin RAMUSDTM
Bitget RAMUSDT
Bybit RAMUSDT
Gate RAM_USDT
HTX RAM-USDT
Phemex RAMUSDT