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−0.0620%/8h= −67.9% APRnext payment $6.20 per $10,000 · paid last 24h −0.071%
Price spread now: SunX against Binance−0.030%7-day average +0.007% · 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 7 days−0.180%−$18 on $10k
Price spread, last 2 days (all we have)+0.022%+$2 · spread now −0.030%, 7d avg +0.007%
Together, before fees−0.157%−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and SunX is 0.037% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.180% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.20 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
LongBinance DRAMUSDT62.4790.0620pay 0.0620% / 8h7h 05m$45.0M$81.9M50x
ShortSunX DRAM-USDT62.4600get 0.0000% / 8h7h 05m$781$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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
−$130.24
Price spread: −0.030% → +0.007%
−$3.69
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$151.92
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 min ago; SunX: live order book, 12 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 Binance live order book, 7 min ago0.80 bp6.0 bp −$69.7 bp −$9737.6 bp −$3,763doesn't fit
Sell SunX live order book, 12 min ago45.57 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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
SunX DRAM-USDTshort0.0000%8h62.460−0.030%$781$3.0M10x
HTX DRAM-USDT0.0000%8h62.450−0.046%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.490+0.018%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0034%1h62.442−0.059%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.430−0.078%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.440−0.062%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.478−0.001%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.400−0.126%$1.2M$1.9M10xas long as short
edgeX DRAMUSDC+0.0084%4h62.441−0.061%$151K$296K20xas long as short
Pacifica DRAM+0.0100%1h62.405−0.118%$76K$41K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.450−0.046%$3.0M$421K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.370−0.174%$22K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.490+0.018%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.490+0.019%$4K10xas long as short
Lighter DRAM+0.0120%1h62.465−0.022%$972K$1.3M20xas long as short
QFEX DRAM-USD+0.0160%1h62.440−0.062%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h62.390−0.142%$540K$91K20xas long as short
tradeXYZ xyz:DRAM+0.0227%1h62.455−0.038%$82.3M$37.6M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.440−0.062%$13K$3K20xas long as short
Paradex DRAM-USD-PERP+0.0237%8h62.456−0.036%5xas long as short
OKX DRAM-USDT-SWAP+0.0246%8h62.490+0.018%$5.5M$4.6M50xas long as short
Bybit DRAMUSDT+0.0466%8h62.525+0.074%$9.6M$10.4M100xas long as short
Aster DRAMUSDT+0.0492%8h62.367−0.179%$201K$36K20xas long as short
Entropy io:DRAM+0.0516%1h62.372−0.171%$255K$448K25xas long as short
Variational Omni DRAM+0.0585%8h62.483+0.008%$2.4M$749Kas long as short
Bitget DRAMUSDT+0.0596%8h62.490+0.018%$26.2M$12.9M20xas long as short
Arcus DRAM-USD+0.0606%1h62.450−0.046%$51K$82K10xas long as short
MEXC DRAM_USDT+0.0615%8h62.470−0.014%$9.7M$6.7M100xas long as short
Binance DRAMUSDTlong+0.0620%8h62.479long leg$45.0M$81.9M50x
Extended DRAM-USD+0.0624%1h62.459−0.031%$76K$665K10xas long as short
Gate DRAM_USDT+0.0821%8h62.490+0.018%$8.3M$3.5M75xas long as short
BloFin DRAM-USDT+0.0962%8h62.510+0.050%$299K$26K20xas long as short
GRVT DRAM_USDT_Perp+0.1049%8h62.448−0.049%$37K$153K10xas long as short
RISEx DRAM/USDC+0.1096%1h62.444−0.056%$456K$499K20xas long as short