Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h −0.023%

Price spread now: edgeX against OKX+0.096%91s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.329% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.096%, 7d avg −0.007%

Together, before fees−0.089%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.103% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DRAM-USDT-SWAP	61.820	0.0056	pay 0.0056% / 8h	3h 16m	$5.4M	$4.6M	50x
Short	edgeX DRAMUSDC	61.879	0.0063	get 0.0031% / 4h	3h 16m	$150K	$298K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.096%Rate

Funding earned: $1.34
Price spread: +0.096% → −0.007%: $10.31
Slippage, 4 orders: −$13.94
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$21.28
Costs to cover: 0.329%
Break-even: 118.1 days

Slippage from OKX: live order book, 2 min ago; edgeX: live order book, 37 min ago.

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, 2 min ago	0.81 bp	9.0 bp −$9	15.4 bp −$154	106.1 bp −$10.6K	doesn't fit
Sell edgeX live order book, 37 min ago	2.41 bp	7.4 bp −$7	14.8 bp −$148	doesn't fit	doesn't fit

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	61.824	+0.006%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.840	+0.032%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.097%	$36K	$187K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.830	+0.016%	$762	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.800	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	−0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.800	−0.032%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.840	+0.032%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.770	−0.081%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.790	−0.049%	—	—	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	61.767	−0.086%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.800	−0.032%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.805	−0.024%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.730	−0.146%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0056%	8h	61.820	long leg	$5.4M	$4.6M	50x
edgeX DRAMUSDCshort	+0.0063%	4h	61.879	+0.096%	$150K	$298K	20x
Bybit DRAMUSDT	+0.0072%	8h	61.820	0.000%	$9.6M	$9.9M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.797	−0.037%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.770	−0.081%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	−0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.820	0.000%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.806	−0.022%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	−0.162%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0109%	8h	61.828	+0.013%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	61.800	−0.032%	$80.4M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0140%	8h	61.789	−0.050%	$199K	$35K	20x	as long as short
Variational Omni DRAM	+0.0197%	8h	61.824	+0.007%	$2.4M	$739K	—	as long as short
Lighter DRAM	+0.0200%	1h	61.819	−0.002%	$1.1M	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0225%	8h	61.760	−0.097%	$300K	$26K	20x	as long as short
MEXC DRAM_USDT	+0.0255%	8h	61.810	−0.016%	$8.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.829	+0.014%	$44.3M	$81.7M	50x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.813	−0.012%	$75K	$239K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.810	−0.016%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0399%	8h	61.840	+0.032%	$8.1M	$3.6M	75x	as long as short