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−0.1122%/8h= −122.9% APRnext payment $11.22 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Phemex0.000%7-day average · you sell dearer than you buy
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 7 days+0.472%+$47 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$34 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.472%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.472% in total (about 24.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $11.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex RAMUSDT14.2100get 0.0000% / 8h2h 11m$765K$183K20x
ShortKuCoin RAMUSDTM14.210−0.1122pay 0.1122% / 8h2h 11m$15K$46K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. 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
−$235.62
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$259.62
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 36 min ago; KuCoin: 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 Phemex live order book, 36 min ago13.91 bp72.1 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell KuCoin no order-book sample
KuCoin: 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-USDT−0.2454%8h14.250+0.281%$30K$2K20xas long as short
Binance RAMUSDT−0.2436%8h14.252+0.298%$763K$1.8M20xas long as short
MEXC RAM_USDT−0.2434%8h14.250+0.281%$402K$91K20xas long as short
Bitget RAMUSDT−0.1460%8h14.265+0.387%$222K$179K20xas long as short
OKX RAM-USDT-SWAP−0.1291%8h14.250+0.281%$322K$461K10xas long as short
KuCoin RAMUSDTMshort−0.1122%8h14.2100.000%$15K$46K20x
Bybit RAMUSDT0.0000%8h14.260+0.352%$156K$130K25xas long as short
Gate RAM_USDT0.0000%8h14.197−0.091%$24K$4K20xas long as short
HTX RAM-USDT0.0000%8h14.223+0.091%$6K$4K10xas long as short
Phemex RAMUSDTlong0.0000%8h14.210long leg$765K$183K20x