Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.041%

Price spread now: OKX against Deribit+0.033%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. OKX is 0.033% dearer against Deribit than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit DRAM_USDC-PERPETUAL	60.870	0.0079	pay 0.0010% / 1h	10m 19s	$13K	$3K	20x
Short	OKX DRAM-USDT-SWAP	60.890	0.0012	get 0.0012% / 8h	10m 19s	$5.4M	$6.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Deribit. 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 DeribitbpFee OKXbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$14.07
Price spread: +0.033% → 0.000%: $3.29
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$27.79
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; OKX: live order book, 2 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell OKX live order book, 2 min ago	0.82 bp	8.2 bp −$8	17.2 bp −$172	doesn't fit	doesn't fit

Deribit: 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	−0.0766%	8h	60.930	+0.099%	$26.6M	$15.2M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	60.901	+0.051%	$195K	$38K	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	60.860	−0.016%	$421K	$340K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	60.940	+0.115%	$8.0M	$3.8M	75x	as long as short
Variational Omni DRAM	0.0000%	8h	60.847	−0.037%	$2.3M	$589K	—	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	60.887	+0.028%	$36K	$208K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	60.880	+0.016%	$698	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	60.840	−0.049%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	60.870	0.000%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAPshort	+0.0012%	8h	60.890	+0.033%	$5.4M	$6.0M	50x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DRAM-USD	+0.0016%	1h	60.871	+0.002%	$74K	$198K	10x	as long as short
Binance DRAMUSDT	+0.0018%	8h	60.886	+0.027%	$43.8M	$89.1M	50x	as long as short
MEXC DRAM_USDT	+0.0021%	8h	60.880	+0.016%	$8.4M	$5.7M	100x	as long as short
Bybit DRAMUSDT	+0.0024%	8h	60.907	+0.061%	$9.6M	$10.4M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	60.864	−0.009%	$1K	$29K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	60.840	−0.049%	$47K	$67K	10x	as long as short
QFEX DRAM-USD	+0.0040%	1h	60.860	−0.016%	$991K	$84K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	60.860	−0.016%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	60.819	−0.084%	$179K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	60.852	−0.030%	$253K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	60.868	−0.003%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	60.830	−0.066%	$1.1M	$3.5M	10x	as long as short
BloFin DRAM-USDT	+0.0051%	8h	60.900	+0.049%	$298K	$26K	20x	as long as short
edgeX DRAMUSDC	+0.0059%	4h	60.867	−0.005%	$148K	$300K	20x	as long as short
Deribit DRAM_USDC-PERPETUALlong	+0.0079%	1h	60.870	long leg	$13K	$3K	20x
Paradex DRAM-USD-PERP	+0.0096%	8h	60.838	−0.052%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	60.850	−0.032%	$73K	$34K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	60.870	0.000%	$3.0M	$421K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	60.880	+0.016%	$21K	$183K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	60.880	+0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	60.876	+0.009%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0176%	1h	60.940	+0.115%	$523K	$75K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0181%	1h	60.871	+0.002%	$78.8M	$35.9M	20x	as long as short
Lighter DRAM	+0.0360%	1h	60.873	+0.005%	$1.1M	$1.2M	20x	as long as short