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+0.0159%/8h= +17.4% APRnext payment +$1.59 per $10,000 · paid last 24h +0.027%
Price spread now: MEXC against OKX−0.049%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.187% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 7 days+0.073%+$7 · spread now −0.049%, 7d avg −0.005%
Together, before fees+0.125%+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.044% cheaper against OKX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.005%). If the spread goes back, that is −$4 on $10k: about 22 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.053% in total) that is about 5.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DRAM-USDT-SWAP61.6000.0051pay 0.0051% / 8h2h 44m$5.4M$4.7M50x
ShortMEXC DRAM_USDT61.5700.0210get 0.0210% / 8h2h 44m$8.6M$5.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$33.45
Price spread: −0.049% → −0.005%
−$4.39
Slippage, 4 orders
−$8.66
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
$10.4
Costs to cover
0.187%
Break-even
4.8 days
Slippage from OKX: live order book, 3 min ago; MEXC: 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 OKX live order book, 3 min ago0.81 bp7.4 bp −$715.1 bp −$151106.3 bp −$10.6Kdoesn't fit
Sell MEXC live order book, 3 min ago0.81 bp2.3 bp −$23.1 bp −$317.6 bp −$757doesn'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
Bitget DRAMUSDT−0.0002%8h61.580−0.032%$26.0M$13.9M20xas long as short
RISEx DRAM/USDC0.0000%1h61.563−0.060%$433K$501K20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.6000.000%$36K$191K10xas long as short
SunX DRAM-USDT0.0000%8h61.610+0.016%$795$2.6M10xas long as short
HTX DRAM-USDT0.0000%8h61.6000.000%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.6000.000%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0003%4h61.594−0.010%$149K$299K20xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.626+0.041%$1K$31K5xas long as short
Arcus DRAM-USD+0.0040%1h61.6000.000%$48K$76K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h61.550−0.081%10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX DRAM-USD+0.0050%1h61.570−0.049%$1.0M$84K10xas long as short
Entropy io:DRAM+0.0050%1h61.574−0.042%$170K$466K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.548−0.084%$258K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.605+0.008%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.540−0.097%$1.1M$2.6M10xas long as short
OKX DRAM-USDT-SWAPlong+0.0051%8h61.600long leg$5.4M$4.7M50x
Bybit DRAMUSDT+0.0052%8h61.590−0.016%$9.5M$10.0M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0075%1h61.620+0.032%$13K$3K20xas long as short
Aster DRAMUSDT+0.0097%8h61.567−0.053%$198K$35K20xas long as short
Pacifica DRAM+0.0100%1h61.551−0.079%$74K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.550−0.081%$3.0M$402K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.640+0.065%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.630+0.049%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.610+0.016%$4K10xas long as short
Paradex DRAM-USD-PERP+0.0108%8h61.569−0.050%5xas long as short
Variational Omni DRAM+0.0157%8h61.624+0.039%$2.4M$618Kas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.510−0.146%$528K$74K20xas long as short
Binance DRAMUSDT+0.0206%8h61.560−0.064%$44.2M$83.4M50xas long as short
tradeXYZ xyz:DRAM+0.0207%1h61.558−0.068%$80.0M$35.6M20xas long as short
Extended DRAM-USD+0.0208%1h61.556−0.072%$74K$189K10xas long as short
MEXC DRAM_USDTshort+0.0210%8h61.570−0.049%$8.6M$5.5M100x
BloFin DRAM-USDT+0.0214%8h61.630+0.049%$300K$26K20xas long as short
Gate DRAM_USDT+0.0225%8h61.620+0.032%$8.1M$3.6M75xas long as short
Lighter DRAM+0.0232%1h61.582−0.029%$1.1M$1.2M20xas long as short