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

RAM

RWAall RAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.3069%/8h= −336.0% APRnext payment $30.69 per $10,000 · paid last 24h −0.293%
Price spread now: BloFin against Bybit−0.216%82s7-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
Both sides work against this trade now: funding costs −$92 a day on $10k at the current rate, and BloFin is 0.216% cheaper against Bybit than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RAMUSDT13.9200get 0.0000% / 8h7h 47m$172K$144K25x
ShortBloFin RAM-USDT13.890−0.3069pay 0.3069% / 8h7h 47m$31K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$644.46
Price spread: −0.216% → 0.000%
−$21.55
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$689.01
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 32 min ago; BloFin: 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 Bybit live order book, 32 min ago7.12 bp109.0 bp −$109doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.

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-USDTshort−0.3069%8h13.890−0.216%$31K$2K20x
Binance RAMUSDT−0.3046%8h13.912−0.059%$781K$2.0M20xas long as short
MEXC RAM_USDT−0.3045%8h13.910−0.072%$390K$90K20xas long as short
KuCoin RAMUSDTM−0.1802%8h13.910−0.072%$14K$73K20xas long as short
OKX RAM-USDT-SWAP−0.1668%8h13.9200.000%$321K$489K10xas long as short
Bitget RAMUSDT−0.1570%8h13.902−0.129%$216K$194K20xas long as short
Bybit RAMUSDTlong0.0000%8h13.920long leg$172K$144K25x
Gate RAM_USDT0.0000%8h13.942+0.158%$24K$4K20xas long as short
HTX RAM-USDT0.0000%8h13.936+0.115%$6K$4K10xas long as short
Phemex RAMUSDT0.0000%8h13.9200.000%$757K$199K20xas long as short