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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.60 per $10,000 · paid last 24h +0.011%
Price spread now: Aster against OKX−0.048%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$360.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.048%, 7d avg −0.010%
Together, before fees−0.008%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.039% cheaper against OKX than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.010%). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DRAM-USDT-SWAP61.4400.0173pay 0.0173% / 8h5h 47m$5.5M$6.7M50x
ShortAster DRAMUSDT61.4100.0233get 0.0233% / 8h5h 47m$196K$28K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
$12.51
Price spread: −0.048% → −0.010%
−$3.86
Slippage, 4 orders
−$17.93
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$27.28
Costs to cover
0.359%
Break-even
22.3 days
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 62 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 OKX live order book, 3 min ago0.81 bp7.9 bp −$815.1 bp −$15163.0 bp −$6,301doesn't fit
Sell Aster live order book, 62 min ago2.46 bp8.0 bp −$88.9 bp −$89243.4 bp −$24.3Kdoesn't fit

DRAM on 34 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
Bybit DRAMUSDT0.0000%8h61.420−0.033%$9.6M$11.3M100xas long as short
Bitget DRAMUSDT0.0000%8h61.410−0.049%$26.8M$17.0M20xas long as short
SunX DRAM-USDT0.0000%8h61.450+0.016%$910$2.4M10xas long as short
HTX DRAM-USDT0.0000%8h61.400−0.065%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.420−0.033%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0029%1h61.411−0.047%$1K$26K5xas long as short
Arcus DRAM-USD+0.0040%1h61.360−0.130%$60K$81K10xas long as short
edgeX DRAMUSDC+0.0042%4h61.465+0.040%$149K$299K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.360−0.130%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.363−0.125%$255K$1.3M10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX DRAM-USD+0.0050%1h61.431−0.015%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.380−0.098%$1.1M$3.6M10xas long as short
QFEX DRAM-USD+0.0057%1h61.410−0.049%$1.0M$98K10xas long as short
Lighter DRAM+0.0096%1h61.391−0.080%$1.1M$1.4M20xas long as short
Pacifica DRAM+0.0100%1h61.375−0.106%$74K$30K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.390−0.081%$3.0M$417K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.500+0.098%$21K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.430−0.016%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.442+0.004%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0113%1h61.377−0.103%$79.7M$38.4M20xas long as short
Gate DRAM_USDT+0.0122%8h61.4400.000%$8.0M$3.8M75xas long as short
Paradex DRAM-USD-PERP+0.0126%8h61.391−0.080%5xas long as short
OKX DRAM-USDT-SWAPlong+0.0173%8h61.440long leg$5.5M$6.7M50x
Coinbase International DRAM-PERP-INTX+0.0232%1h61.330−0.179%$537K$91K20xas long as short
Aster DRAMUSDTshort+0.0233%8h61.410−0.048%$196K$28K20x
Variational Omni DRAM+0.0278%8h61.459+0.031%$2.2M$689Kas long as short
Extended DRAM-USD+0.0328%1h61.390−0.082%$100K$295K10xas long as short
Binance DRAMUSDT+0.0331%8h61.410−0.049%$44.6M$97.9M50xas long as short
MEXC DRAM_USDT+0.0331%8h61.400−0.065%$9.0M$5.4M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0402%1h61.420−0.033%$13K$3K20xas long as short
BloFin DRAM-USDT+0.0441%8h61.480+0.065%$306K$27K20xas long as short
RISEx DRAM/USDC+0.0600%1h61.420−0.033%$462K$369K20xas long as short
GRVT DRAM_USDT_Perp+0.0779%8h61.473+0.054%$37K$220K10xas long as short
Entropy io:DRAM+0.0845%1h61.362−0.127%$321K$1.7M25xas long as short