Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.020%

Price spread now: Aftermath Perps against OKX−0.038%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aftermath Perps is 0.038% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DRAM-USDT-SWAP	62.140	0.0071	pay 0.0071% / 8h	3h 47m	$5.4M	$4.6M	50x
Short	Aftermath Perps DRAMUSD	62.116	0.0020	get 0.0003% / 1h	47m 55s	$1K	$32K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath 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 Aftermath PerpsbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$10.54
Price spread: −0.038% → 0.000%: −$3.84
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$33.39
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; Aftermath 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, 5 min ago	0.80 bp	7.2 bp −$7	13.1 bp −$131	94.3 bp −$9,432	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath 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
RISEx DRAM/USDC	0.0000%	1h	62.047	−0.149%	$437K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.130	−0.016%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.199	+0.096%	$37K	$179K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.080	−0.097%	$803	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.060	−0.129%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.110	−0.048%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSDshort	+0.0020%	1h	62.116	−0.038%	$1K	$32K	5x
QFEX DRAM-USD	+0.0036%	1h	62.050	−0.145%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.090	−0.080%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.030	−0.177%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	62.077	−0.101%	$160K	$451K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.039	−0.163%	$265K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.061	−0.127%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.010	−0.209%	$1.1M	$2.3M	10x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0071%	8h	62.140	long leg	$5.4M	$4.6M	50x
Paradex DRAM-USD-PERP	+0.0076%	8h	62.048	−0.148%	—	—	5x	as long as short
Lighter DRAM	+0.0080%	1h	62.078	−0.100%	$1.0M	$1.2M	20x	as long as short
edgeX DRAMUSDC	+0.0095%	4h	62.186	+0.073%	$151K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.056	−0.136%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.050	−0.145%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.230	+0.145%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.090	−0.080%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.078	−0.099%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	−0.048%	$533K	$75K	20x	as long as short
Bybit DRAMUSDT	+0.0107%	8h	62.119	−0.034%	$9.7M	$9.7M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0124%	1h	62.079	−0.098%	$81.3M	$35.5M	20x	as long as short
Aster DRAMUSDT	+0.0193%	8h	62.081	−0.095%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0261%	8h	62.144	+0.007%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDT	+0.0287%	8h	62.090	−0.080%	$300K	$26K	20x	as long as short
Extended DRAM-USD	+0.0304%	1h	62.086	−0.087%	$76K	$662K	10x	as long as short
Binance DRAMUSDT	+0.0306%	8h	62.098	−0.068%	$44.5M	$80.5M	50x	as long as short
MEXC DRAM_USDT	+0.0310%	8h	62.100	−0.064%	$8.2M	$5.5M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0395%	1h	62.080	−0.097%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0569%	8h	62.120	−0.032%	$8.1M	$3.5M	75x	as long as short