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+0.0699%/8h= +76.6% APRnext payment +$6.99 per $10,000 · paid last 24h +0.054%
Price spread now: BloFin against OKX0.000%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.003%
Together, before fees+0.051%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$21 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 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.99 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
LongOKX DRAM-USDT-SWAP62.5500.0233pay 0.0233% / 8h7h 24m$5.5M$4.7M50x
ShortBloFin DRAM-USDT62.5500.0932get 0.0932% / 8h7h 24m$299K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$146.86
Price spread: 0.000% → +0.003%
−$0.34
Slippage, 4 orders
−$12.75
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$111.77
Costs to cover
0.348%
Break-even
1.7 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 42 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 OKX live order book, 3 min ago0.80 bp8.4 bp −$814.8 bp −$14893.1 bp −$9,308doesn't fit
Sell BloFin live order book, 42 min ago0.81 bp10.2 bp −$1016.2 bp −$16262.0 bp −$6,196doesn'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
SunX DRAM-USDT0.0000%8h62.5500.000%$1K$3.0M10xas long as short
HTX DRAM-USDT0.0000%8h62.430−0.192%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.5500.000%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0011%4h62.503−0.074%$151K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0036%1h62.418−0.211%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.480−0.112%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.507−0.069%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.538−0.019%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.450−0.160%$1.1M$1.9M10xas long as short
Pacifica DRAM+0.0100%1h62.538−0.018%$76K$41K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.440−0.176%$3.0M$431K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.5500.000%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.5500.000%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.540−0.016%$4K10xas long as short
Lighter DRAM+0.0120%1h62.518−0.051%$972K$1.3M20xas long as short
QFEX DRAM-USD+0.0160%1h62.520−0.048%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.390−0.256%$540K$96K20xas long as short
Paradex DRAM-USD-PERP+0.0216%8h62.525−0.039%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0230%1h62.500−0.080%$13K$3K20xas long as short
OKX DRAM-USDT-SWAPlong+0.0233%8h62.550long leg$5.5M$4.7M50x
tradeXYZ xyz:DRAM+0.0246%1h62.509−0.066%$82.1M$39.6M20xas long as short
Aster DRAMUSDT+0.0418%8h62.401−0.239%$201K$36K20xas long as short
Bybit DRAMUSDT+0.0464%8h62.587+0.059%$9.6M$10.5M100xas long as short
Bitget DRAMUSDT+0.0492%8h62.540−0.016%$26.2M$12.9M20xas long as short
Variational Omni DRAM+0.0508%8h62.525−0.040%$2.4M$750Kas long as short
Entropy io:DRAM+0.0532%1h62.391−0.254%$254K$463K25xas long as short
MEXC DRAM_USDT+0.0543%8h62.530−0.032%$9.8M$6.7M100xas long as short
Binance DRAMUSDT+0.0550%8h62.530−0.032%$44.7M$81.9M50xas long as short
Extended DRAM-USD+0.0552%1h62.516−0.054%$76K$769K10xas long as short
Arcus DRAM-USD+0.0606%1h62.440−0.176%$51K$82K10xas long as short
Gate DRAM_USDT+0.0767%8h62.5500.000%$8.3M$3.5M75xas long as short
GRVT DRAM_USDT_Perp+0.0910%8h62.542−0.012%$37K$155K10xas long as short
BloFin DRAM-USDTshort+0.0932%8h62.5500.000%$299K$26K20x
RISEx DRAM/USDC+0.1096%1h62.529−0.034%$462K$495K20xas long as short