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−0.0326%/8h= −35.7% APRnext payment $3.26 per $10,000 · paid last 24h −0.022%
Price spread now: OKX against Variational Omni−0.086%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.009%−$1 on $10k
Price spread, last 7 days+0.095%+$10 · spread now −0.086%, 7d avg +0.003%
Together, before fees+0.087%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and OKX is 0.089% cheaper against Variational Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.009% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.26 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
LongVariational Omni DRAM62.1830.0547pay 0.0547% / 8h6h 19m$2.4M$709K
ShortOKX DRAM-USDT-SWAP62.1300.0221get 0.0221% / 8h6h 19m$5.5M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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
−$68.51
Price spread: −0.086% → +0.003%
−$8.87
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$87.38
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; OKX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago3.09 bpdoesn't fit7.7 bp −$77doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.80 bp7.2 bp −$715.2 bp −$152doesn't fitdoesn't fit

DRAM on 33 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%8h62.130−0.086%$721$2.9M10xas long as short
HTX DRAM-USDT0.0000%8h62.150−0.054%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.140−0.070%$1.7M$1.3M10xas long as short
edgeX DRAMUSDC+0.0032%4h62.187+0.006%$151K$297K20xas long as short
Aftermath Perps DRAMUSD+0.0034%1h62.153−0.049%$1K$34K5xas long as short
Arcus DRAM-USD+0.0040%1h62.170−0.022%$51K$81K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.100−0.134%10xas long as short
QFEX DRAM-USD+0.0046%1h62.130−0.086%$1.0M$78K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.119−0.104%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.134−0.080%$2K$15K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h62.090−0.150%$1.1M$1.9M10xas long as short
Entropy io:DRAM+0.0050%1h62.141−0.068%$252K$430K25xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0072%1h62.120−0.102%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h62.129−0.088%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.130−0.086%$3.0M$404K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.200+0.027%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.150−0.054%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.160−0.038%$4K10xas long as short
Lighter DRAM+0.0144%1h62.133−0.081%$966K$1.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.130−0.086%$534K$93K20xas long as short
Paradex DRAM-USD-PERP+0.0169%8h62.140−0.070%5xas long as short
tradeXYZ xyz:DRAM+0.0215%1h62.091−0.149%$81.7M$36.7M20xas long as short
OKX DRAM-USDT-SWAPshort+0.0221%8h62.130−0.086%$5.5M$4.5M50x
Bitget DRAMUSDT+0.0247%8h62.140−0.070%$26.0M$13.0M20xas long as short
Bybit DRAMUSDT+0.0301%8h62.165−0.030%$9.6M$10.1M100xas long as short
GRVT DRAM_USDT_Perp+0.0396%8h62.243+0.096%$37K$154K10xas long as short
Aster DRAMUSDT+0.0459%8h62.153−0.049%$200K$36K20xas long as short
Gate DRAM_USDT+0.0540%8h62.160−0.038%$8.2M$3.5M75xas long as short
Variational Omni DRAMlong+0.0547%8h62.183long leg$2.4M$709K
Extended DRAM-USD+0.0584%1h62.114−0.111%$75K$669K10xas long as short
Binance DRAMUSDT+0.0585%8h62.131−0.084%$44.6M$81.8M50xas long as short
MEXC DRAM_USDT+0.0586%8h62.130−0.086%$9.6M$5.9M100xas long as short
RISEx DRAM/USDC+0.0835%1h62.146−0.060%$447K$504K20xas long as short