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

RAM

RWAall RAM markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h −0.002%
Price spread now: OKX against KuCoin−0.071%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$703as in the Funding arb table
Net, price: spread back to 7d avg − costs−$703as in the Price arb table
costs, in and out, $10k−$6926.920% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.071%, 7d avg +0.038%
Together, before fees−0.055%−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.109% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.038%). If the spread goes back, that is −$11 on $10k: about 16 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RAMUSDTM14.170−0.0444get 0.0444% / 8h4h 44m$14K$180K20x
ShortOKX RAM-USDT-SWAP14.160−0.0421pay 0.0421% / 8h4h 44m$295K$566K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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
$4.79
Price spread: −0.071% → +0.038%
−$10.89
Slippage, 4 orders
−$669.99
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$698.09
Costs to cover
6.920%
Break-even
1026.7 days
Slippage from KuCoin: live order book, 41 min ago; OKX: live order book, 59 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 KuCoin live order book, 41 min ago21.11 bp320.3 bp −$320doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 59 min ago3.51 bp67.8 bp −$681189.6 bp −$11.9Kdoesn't fitdoesn't fit

RAM on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC RAM_USDT−0.0955%8h14.160−0.071%$414K$95K20xas long as short
Binance RAMUSDT−0.0953%8h14.150−0.141%$785K$2.4M20xas long as short
BloFin RAM-USDT−0.0926%8h14.160−0.071%$28K$2K20xas long as short
Bitget RAMUSDT−0.0451%8h14.149−0.148%$195K$220K20xas long as short
KuCoin RAMUSDTMlong−0.0444%8h14.170long leg$14K$180K20x
OKX RAM-USDT-SWAPshort−0.0421%8h14.160−0.071%$295K$566K10x
Bybit RAMUSDT0.0000%8h14.160−0.071%$168K$154K25xas long as short
Gate RAM_USDT0.0000%8h14.174+0.028%$25K$4K20xas long as short
HTX RAM-USDT0.0000%8h14.212+0.296%$6K$5K10xas long as short
Phemex RAMUSDT0.0000%8h14.160−0.071%$767K$232K20xas long as short