Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.030%

Price spread now: Ondo Perps against OKX−0.115%7-day average −0.099% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days−0.076%−$8 · spread now −0.115%, 7d avg −0.099%

Together, before fees−0.083%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.099%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DRAM-USDT-SWAP	61.000	0.0010	pay 0.0010% / 8h	35m 04s	$5.4M	$6.0M	50x
Short	Ondo Perps DRAM-USD.P	60.930	0.0050	get 0.0006% / 1h	35m 04s	$1.1M	$3.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Position, each leg$Hold fordaysFee OKXbpFee Ondo PerpsbpOrdersPrice spread, now −0.115%Rate

Funding earned: $8.38
Price spread: −0.115% → −0.099%: −$1.6
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$8.22
Costs to cover: 0.150%
Break-even: 13.9 days

Slippage unknown: OKX: live order book, 3 min ago; Ondo Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 3 min ago	0.82 bp	6.8 bp −$7	12.6 bp −$126	112.6 bp −$11.3K	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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.

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DRAMUSDT	−0.0742%	8h	61.010	+0.016%	$26.4M	$15.0M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.974	−0.042%	$196K	$35K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.956	−0.072%	$422K	$341K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.040	+0.066%	$8.0M	$3.7M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.953	−0.077%	$2.3M	$580K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.996	−0.006%	$36K	$205K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.970	−0.049%	$869	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.960	−0.066%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.980	−0.033%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0002%	8h	61.040	+0.066%	$9.6M	$10.4M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAPlong	+0.0010%	8h	61.000	long leg	$5.4M	$6.0M	50x
Extended DRAM-USD	+0.0032%	1h	60.943	−0.093%	$77K	$196K	10x	as long as short
MEXC DRAM_USDT	+0.0032%	8h	60.980	−0.033%	$7.7M	$5.7M	100x	as long as short
Binance DRAMUSDT	+0.0032%	8h	60.988	−0.020%	$43.7M	$88.7M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0036%	1h	60.968	−0.052%	$1K	$30K	5x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	60.963	−0.060%	$148K	$298K	20x	as long as short
BloFin DRAM-USDT	+0.0038%	8h	61.000	0.000%	$297K	$26K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.950	−0.082%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.970	−0.049%	$992K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.940	−0.098%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.931	−0.113%	$179K	$480K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.928	−0.118%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.964	−0.059%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Pshort	+0.0050%	1h	60.930	−0.115%	$1.1M	$3.5M	10x
Deribit DRAM_USDC-PERPETUAL	+0.0078%	1h	60.930	−0.115%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	60.986	−0.023%	$73K	$38K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.960	−0.066%	$3.0M	$422K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.960	−0.066%	$21K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.960	−0.066%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0102%	8h	60.970	−0.049%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.951	−0.080%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.910	−0.148%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0203%	1h	60.980	−0.033%	$78.9M	$35.9M	20x	as long as short
Lighter DRAM	+0.0368%	1h	60.983	−0.028%	$1.1M	$1.2M	20x	as long as short