Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h —

Price spread now: Paradex against OKX−0.033%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.033% cheaper against OKX than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DRAM-USDT-SWAP	61.780	0.0056	pay 0.0056% / 8h	3h 14m	$5.4M	$4.6M	50x
Short	Paradex DRAM-USD-PERP	61.760	0.0109	get 0.0109% / 8h	3h 14m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.033%Rate

Funding earned: $11.25
Price spread: −0.033% → 0.000%: −$3.3
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$6.05
Costs to cover: 0.140%
Break-even: 10.8 days

Slippage unknown: OKX: live order book, 3 min ago; Paradex: 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, 3 min ago	0.81 bp	9.0 bp −$9	15.4 bp −$154	106.1 bp −$10.6K	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	61.764	−0.026%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.780	0.000%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.779	−0.001%	$36K	$188K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.830	+0.081%	$710	$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	61.800	+0.032%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.760	−0.033%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.760	−0.032%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.770	−0.016%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.730	−0.081%	—	—	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	61.746	−0.055%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.740	−0.065%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.785	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.720	−0.097%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAPlong	+0.0056%	8h	61.780	long leg	$5.4M	$4.6M	50x
Bybit DRAMUSDT	+0.0071%	8h	61.792	+0.019%	$9.6M	$9.9M	100x	as long as short
edgeX DRAMUSDC	+0.0083%	4h	61.763	−0.027%	$150K	$299K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.745	−0.057%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.740	−0.065%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.760	−0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	0.000%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.767	−0.021%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	−0.097%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERPshort	+0.0109%	8h	61.760	−0.033%	—	—	5x
tradeXYZ xyz:DRAM	+0.0131%	1h	61.735	−0.073%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0140%	8h	61.760	−0.032%	$199K	$35K	20x	as long as short
Variational Omni DRAM	+0.0197%	8h	61.824	+0.072%	$2.4M	$739K	—	as long as short
Lighter DRAM	+0.0208%	1h	61.767	−0.021%	$1.1M	$1.2M	20x	as long as short
BloFin DRAM-USDT	+0.0226%	8h	61.830	+0.081%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.765	−0.025%	$44.2M	$81.7M	50x	as long as short
MEXC DRAM_USDT	+0.0255%	8h	61.760	−0.032%	$8.2M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.751	−0.047%	$75K	$239K	10x	as long as short
Gate DRAM_USDT	+0.0389%	8h	61.800	+0.032%	$8.1M	$3.6M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.750	−0.049%	$13K	$3K	20x	as long as short