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+0.0044%/8h= +4.8% APRnext payment +$0.44 per $10,000 · paid last 24h +0.021%
Price spread now: OKX against Gate−0.016%7-day average −0.009% · 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−$46as in the Price arb table
costs, in and out, $10k−$450.450% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 7 days−0.029%−$3 · spread now −0.016%, 7d avg −0.009%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DRAM_USDT61.4500.0129pay 0.0129% / 8h5h 47m$8.0M$3.8M75x
ShortOKX DRAM-USDT-SWAP61.4400.0173get 0.0173% / 8h5h 47m$5.5M$6.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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
$9.28
Price spread: −0.016% → −0.009%
−$0.75
Slippage, 4 orders
−$19.96
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$36.43
Costs to cover
0.450%
Break-even
34.5 days
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 3 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 Gate live order book, 4 min ago2.44 bp16.5 bp −$1727.7 bp −$27779.9 bp −$7,989doesn't fit
Sell OKX live order book, 3 min ago0.81 bp6.9 bp −$712.4 bp −$124doesn't fitdoesn'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%8h61.438−0.020%$9.6M$11.3M100xas long as short
Bitget DRAMUSDT0.0000%8h61.420−0.049%$26.8M$17.0M20xas long as short
SunX DRAM-USDT0.0000%8h61.4500.000%$910$2.4M10xas long as short
HTX DRAM-USDT0.0000%8h61.400−0.081%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.420−0.049%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0029%1h61.411−0.064%$1K$26K5xas long as short
Arcus DRAM-USD+0.0040%1h61.360−0.146%$60K$81K10xas long as short
edgeX DRAMUSDC+0.0042%4h61.465+0.024%$149K$299K20xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.360−0.146%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.363−0.142%$255K$1.3M10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX DRAM-USD+0.0050%1h61.431−0.031%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.380−0.114%$1.1M$3.6M10xas long as short
QFEX DRAM-USD+0.0057%1h61.420−0.049%$1.0M$98K10xas long as short
Lighter DRAM+0.0096%1h61.391−0.096%$1.1M$1.4M20xas long as short
Pacifica DRAM+0.0100%1h61.431−0.031%$74K$30K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.400−0.081%$3.0M$417K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.500+0.081%$21K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.430−0.033%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.442−0.012%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0113%1h61.377−0.119%$79.7M$38.4M20xas long as short
Paradex DRAM-USD-PERP+0.0127%8h61.396−0.088%5xas long as short
Gate DRAM_USDTlong+0.0129%8h61.450long leg$8.0M$3.8M75x
OKX DRAM-USDT-SWAPshort+0.0173%8h61.440−0.016%$5.5M$6.7M50x
Coinbase International DRAM-PERP-INTX+0.0232%1h61.330−0.195%$537K$91K20xas long as short
Aster DRAMUSDT+0.0235%8h61.421−0.047%$196K$28K20xas long as short
Variational Omni DRAM+0.0278%8h61.459+0.015%$2.2M$689Kas long as short
Extended DRAM-USD+0.0328%1h61.415−0.057%$100K$295K10xas long as short
Binance DRAMUSDT+0.0331%8h61.410−0.065%$44.6M$97.9M50xas long as short
MEXC DRAM_USDT+0.0334%8h61.430−0.033%$9.0M$5.4M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0402%1h61.420−0.049%$13K$3K20xas long as short
BloFin DRAM-USDT+0.0441%8h61.480+0.049%$306K$27K20xas long as short
RISEx DRAM/USDC+0.0600%1h61.420−0.049%$462K$369K20xas long as short
GRVT DRAM_USDT_Perp+0.0779%8h61.473+0.037%$37K$220K10xas long as short
Entropy io:DRAM+0.0845%1h61.362−0.143%$321K$1.7M25xas long as short