Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.014%

Price spread now: Extended against OKX+0.005%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$220.216% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.005%, 7d avg −0.035%

Together, before fees+0.003%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.039% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DRAM-USDT-SWAP	61.080	0	get 0.0000% / 8h	1h 16m	$5.4M	$5.9M	50x
Short	Extended DRAM-USD	61.083	0.0072	get 0.0009% / 1h	16m 48s	$74K	$190K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.005%Rate

Funding earned: $15.12
Price spread: +0.005% → −0.035%: $3.94
Slippage, 4 orders: −$6.6
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$2.54
Costs to cover: 0.216%
Break-even: 8.2 days

Slippage from OKX: live order book, 1 min ago; Extended: live order book, 24 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, 1 min ago	0.82 bp	7.6 bp −$8	14.9 bp −$149	97.7 bp −$9,774	doesn't fit
Sell Extended live order book, 24 min ago	0.49 bp	3.3 bp −$3	7.1 bp −$71	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
Bitget DRAMUSDT	−0.0590%	8h	61.120	+0.065%	$26.1M	$14.7M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.128	+0.079%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.132	+0.085%	$9.4M	$10.3M	100x	as long as short
OKX DRAM-USDT-SWAPlong	0.0000%	8h	61.080	long leg	$5.4M	$5.9M	50x
RISEx DRAM/USDC	0.0000%	1h	61.109	+0.047%	$423K	$353K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.160	+0.131%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.134	+0.088%	$36K	$203K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.100	+0.033%	$826	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.130	+0.082%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.110	+0.049%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin DRAM-USDT	+0.0004%	8h	61.140	+0.098%	$298K	$26K	20x	as long as short
Variational Omni DRAM	+0.0023%	8h	61.144	+0.105%	$2.3M	$683K	—	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.108	+0.046%	$1K	$30K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.130	+0.082%	$996K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.110	+0.049%	$48K	$68K	10x	as long as short
edgeX DRAMUSDC	+0.0044%	4h	61.105	+0.041%	$148K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.130	+0.082%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.073	−0.011%	$180K	$481K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.094	+0.023%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.105	+0.041%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.060	−0.033%	$1.1M	$3.5M	10x	as long as short
Extended DRAM-USDshort	+0.0072%	1h	61.083	+0.005%	$74K	$190K	10x
Binance DRAMUSDT	+0.0073%	8h	61.083	+0.005%	$43.7M	$87.8M	50x	as long as short
MEXC DRAM_USDT	+0.0073%	8h	61.090	+0.016%	$8.0M	$5.7M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0077%	1h	61.100	+0.033%	$13K	$3K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0087%	8h	61.128	+0.079%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0100%	1h	61.059	−0.034%	$79.0M	$35.8M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.132	+0.084%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.100	+0.033%	$3.0M	$418K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.120	+0.065%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.110	+0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.105	+0.041%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.049%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0224%	1h	61.084	+0.007%	$1.1M	$1.2M	20x	as long as short