Settings8H · net · $10k
Funding arb · Price arb /

RAM

RWAall RAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.38 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.035%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1581.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.232%+$23 on $10k
Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.035%, 7d avg −0.009%
Together, before fees+0.133%+$13 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 0.045% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RAMUSDT14.135−0.1402get 0.1402% / 8h1h 34m$219K$180K20x
ShortOKX RAM-USDT-SWAP14.140−0.1364pay 0.1364% / 8h1h 34m$326K$478K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
$7.94
Price spread: +0.035% → −0.009%
$4.46
Slippage, 4 orders
−$135.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$145.54
Costs to cover
1.579%
Break-even
135.3 days
Slippage from Bitget: live order book, 65 min ago; OKX: live order book, 6 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 Bitget live order book, 65 min ago8.46 bp52.2 bp −$5261.3 bp −$613doesn't fitdoesn't fit
Sell OKX live order book, 6 min ago7.06 bp28.8 bp −$29858.8 bp −$8,588doesn't fitdoesn't fit

RAM on 10 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
BloFin RAM-USDT−0.2525%8h14.140+0.035%$31K$2K20xas long as short
Binance RAMUSDT−0.2504%8h14.140+0.035%$765K$1.9M20xas long as short
MEXC RAM_USDT−0.2468%8h14.150+0.106%$400K$90K20xas long as short
Bitget RAMUSDTlong−0.1402%8h14.135long leg$219K$180K20x
OKX RAM-USDT-SWAPshort−0.1364%8h14.140+0.035%$326K$478K10x
KuCoin RAMUSDTM−0.1267%8h14.210+0.531%$15K$46K20xas long as short
Bybit RAMUSDT0.0000%8h14.160+0.177%$155K$131K25xas long as short
Gate RAM_USDT0.0000%8h14.128−0.050%$24K$4K20xas long as short
HTX RAM-USDT0.0000%8h14.1350.000%$6K$4K10xas long as short
Phemex RAMUSDT0.0000%8h14.160+0.177%$763K$189K20xas long as short