Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: SunX against ApeX Omni+0.048%73s7-day average −0.019% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.205%−$20 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.048%, 7d avg −0.019%

Together, before fees−0.253%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.067% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.019%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days. The two prices were read 73 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	ApeX Omni DRAMUSDT	61.950	0.0100	pay 0.0013% / 1h	27m 45s	$22K	$184K	50x
Short	SunX DRAM-USDT	61.980	0	get 0.0000% / 8h	3h 27m	$718	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee SunXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$21
Price spread: +0.048% → −0.019%: $6.74
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$32.26
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 23 min ago; SunX: live order book, 10 min ago. 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 ApeX Omni live order book, 23 min ago	22.53 bp	35.3 bp −$35	208.5 bp −$2,085	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	46.04 bp	doesn't fit	doesn't fit	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	61.990	+0.065%	$436K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.990	+0.065%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.003	+0.086%	$36K	$186K	10x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	61.980	+0.048%	$718	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.980	+0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.000	+0.081%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0018%	4h	61.970	+0.032%	$150K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0022%	1h	61.942	−0.013%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.970	+0.032%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.940	−0.016%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.940	−0.016%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.915	−0.056%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.967	+0.027%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.980	+0.048%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.930	−0.032%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0065%	8h	61.980	+0.048%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0088%	8h	61.980	+0.048%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.985	+0.056%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.950	0.000%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.950	long leg	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.990	+0.065%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.994	+0.071%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.258%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0119%	8h	61.970	+0.033%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0136%	1h	61.931	−0.031%	$80.7M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0163%	8h	61.953	+0.004%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0184%	1h	61.961	+0.018%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0226%	8h	61.974	+0.039%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0260%	8h	61.960	+0.016%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0279%	8h	61.960	+0.016%	$44.5M	$81.1M	50x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.952	+0.003%	$76K	$554K	10x	as long as short
MEXC DRAM_USDT	+0.0280%	8h	61.960	+0.016%	$8.2M	$5.6M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.980	+0.048%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0465%	8h	62.000	+0.081%	$8.1M	$3.5M	75x	as long as short