Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0184%/8h= −20.1% APRpaid last 24h −0.046%

Price spread now: SunX against Coinbase International+0.213%7-day average +0.156% · you sell dearer than you buy

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

Long on Coinbase International Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.356%−$36 on $10k

Price spread, last 4 days (all we have)−0.267%−$27 · spread now +0.213%, 7d avg +0.156%

Together, before fees−0.623%−$62 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.056% dearer against Coinbase International than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of +0.156%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	61.110	0.0184	pay 0.0023% / 1h	13m 53s	$525K	$75K	20x
Short	SunX DRAM-USDT	61.240	0	get 0.0000% / 8h	2h 13m	$880	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Coinbase International. 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 Coinbase InternationalbpFee SunXbpOrdersPrice spread, now +0.213%Rate

Funding earned: −$38.64
Price spread: +0.213% → +0.156%: $5.63
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$51.01
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 34 min ago; SunX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 34 min ago	4.06 bp	9.2 bp −$9	13.0 bp −$130	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	46.60 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
Bitget DRAMUSDT	−0.0525%	8h	61.280	+0.278%	$25.9M	$14.1M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.207	+0.159%	$424K	$507K	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.235	+0.204%	$36K	$195K	10x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	61.240	+0.213%	$880	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.140	+0.049%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.290	+0.295%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0007%	8h	61.300	+0.311%	$9.4M	$10.2M	100x	as long as short
Gate DRAM_USDT	+0.0014%	8h	61.300	+0.311%	$8.0M	$3.7M	75x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	61.167	+0.093%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.140	+0.049%	$48K	$69K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0042%	8h	61.280	+0.278%	$5.4M	$5.6M	50x	as long as short
edgeX DRAMUSDC	+0.0042%	4h	61.185	+0.122%	$148K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.170	+0.098%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.200	+0.147%	$997K	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.188	+0.128%	$254K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.189	+0.129%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.110	0.000%	$1.1M	$3.3M	10x	as long as short
Aster DRAMUSDT	+0.0060%	8h	61.248	+0.227%	$197K	$35K	20x	as long as short
Entropy io:DRAM	+0.0078%	1h	61.159	+0.080%	$169K	$470K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.166	+0.092%	$73K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.200	+0.147%	$3.0M	$409K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.100	−0.016%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.220	+0.180%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.210	+0.163%	$4K	—	10x	as long as short
Variational Omni DRAM	+0.0106%	8h	61.115	+0.008%	$2.3M	$670K	—	as long as short
Paradex DRAM-USD-PERP	+0.0110%	8h	61.183	+0.119%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0142%	1h	61.246	+0.223%	$79.3M	$36.1M	20x	as long as short
BloFin DRAM-USDT	+0.0151%	8h	61.150	+0.065%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0167%	8h	61.270	+0.262%	$43.8M	$86.4M	50x	as long as short
MEXC DRAM_USDT	+0.0167%	8h	61.260	+0.245%	$8.1M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.244	+0.219%	$76K	$188K	10x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0184%	1h	61.110	long leg	$525K	$75K	20x
Lighter DRAM	+0.0240%	1h	61.276	+0.272%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0567%	1h	61.240	+0.213%	$13K	$3K	20x	as long as short