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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0203%/8h= −22.2% APRnext payment $2.03 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against Aster−0.003%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.382% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.003%, 7d avg +0.007%
Together, before fees+0.108%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.03 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
LongAster DRAMUSDT62.2620.0396pay 0.0396% / 8h5h 28m$200K$36K20x
ShortOKX DRAM-USDT-SWAP62.2600.0193get 0.0193% / 8h5h 28m$5.5M$4.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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
−$42.55
Price spread: −0.003% → +0.007%
−$0.99
Slippage, 4 orders
−$20.23
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$81.77
Costs to cover
0.382%
Break-even
never at this rate
Slippage from Aster: live order book, 33 min ago; OKX: live order book, 4 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 Aster live order book, 33 min ago2.41 bp13.4 bp −$1336.5 bp −$365doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.80 bp8.1 bp −$814.3 bp −$143doesn't fitdoesn't fit

DRAM on 34 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
RISEx DRAM/USDC0.0000%1h62.244−0.029%$442K$506K20xas long as short
SunX DRAM-USDT0.0000%8h62.260−0.003%$901$2.8M10xas long as short
HTX DRAM-USDT0.0000%8h62.240−0.035%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.260−0.003%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0030%1h62.222−0.064%$1K$33K5xas long as short
Arcus DRAM-USD+0.0040%1h62.230−0.051%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.200−0.100%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.226−0.058%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.239−0.037%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.160−0.164%$1.2M$2.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0055%1h62.240−0.035%$1.0M$78K10xas long as short
Entropy io:DRAM+0.0062%1h62.191−0.114%$251K$420K25xas long as short
edgeX DRAMUSDC+0.0073%4h62.261−0.002%$151K$298K20xas long as short
Bitget DRAMUSDT+0.0081%8h62.250−0.019%$26.2M$13.2M20xas long as short
Pacifica DRAM+0.0100%1h62.241−0.034%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.250−0.019%$3.0M$401K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.210−0.084%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.260−0.003%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.272+0.015%$4K10xas long as short
Lighter DRAM+0.0120%1h62.235−0.043%$967K$1.0M20xas long as short
Paradex DRAM-USD-PERP+0.0136%8h62.215−0.075%5xas long as short
GRVT DRAM_USDT_Perp+0.0166%8h62.270+0.013%$37K$157K10xas long as short
tradeXYZ xyz:DRAM+0.0180%1h62.217−0.072%$81.7M$37.1M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.040−0.357%$534K$76K20xas long as short
OKX DRAM-USDT-SWAPshort+0.0193%8h62.260−0.003%$5.5M$4.4M50x
Deribit DRAM_USDC-PERPETUAL+0.0232%1h62.240−0.035%$13K$3K20xas long as short
Bybit DRAMUSDT+0.0274%8h62.269+0.011%$9.7M$10.1M100xas long as short
Aster DRAMUSDTlong+0.0396%8h62.262long leg$200K$36K20x
Variational Omni DRAM+0.0480%8h62.252−0.016%$2.4M$715Kas long as short
Extended DRAM-USD+0.0512%1h62.212−0.080%$75K$669K10xas long as short
Binance DRAMUSDT+0.0516%8h62.220−0.067%$44.7M$81.7M50xas long as short
MEXC DRAM_USDT+0.0518%8h62.220−0.067%$9.2M$5.6M100xas long as short
Gate DRAM_USDT+0.0551%8h62.290+0.045%$8.1M$3.5M75xas long as short
BloFin DRAM-USDT+0.0774%8h62.250−0.019%$301K$26K20xas long as short