Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.052%

Price spread now: SunX against Entropy+0.008%7-day average −0.005% · you sell dearer than you buy

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

Long on Entropy Short on SunX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.151%−$15 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.008%, 7d avg −0.005%

Together, before fees−0.141%−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:DRAM	62.165	0.0055	pay 0.0007% / 1h	51m 24s	$160K	$451K	25x
Short	SunX DRAM-USDT	62.170	0	get 0.0000% / 8h	3h 51m	$1K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Entropy. 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 EntropybpFee SunXbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$11.57
Price spread: +0.008% → −0.005%: $1.33
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee SunX: 4 bp × 2 orders: −$8
Net: −$36.23
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Entropy: live order book, 34 min ago; SunX: live order book, 6 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 Entropy live order book, 34 min ago	2.16 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	45.80 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	62.155	−0.016%	$438K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.170	+0.008%	$26.1M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.199	+0.055%	$37K	$179K	10x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	62.170	+0.008%	$1K	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	62.190	+0.040%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.150	−0.024%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.170	+0.009%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.150	−0.024%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.170	+0.008%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.130	−0.056%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	62.132	−0.053%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.153	−0.019%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.180	+0.024%	$1.1M	$2.3M	10x	as long as short
Entropy io:DRAMlong	+0.0055%	1h	62.165	long leg	$160K	$451K	25x
OKX DRAM-USDT-SWAP	+0.0073%	8h	62.180	+0.024%	$5.4M	$4.5M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0077%	8h	62.159	−0.009%	—	—	5x	as long as short
edgeX DRAMUSDC	+0.0095%	4h	62.186	+0.033%	$151K	$298K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.180	+0.025%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.130	−0.056%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.230	+0.105%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.160	−0.008%	$9K	—	10x	as long as short
Lighter DRAM	+0.0104%	1h	62.169	+0.006%	$1.0M	$1.1M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.159	−0.010%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	−0.088%	$533K	$75K	20x	as long as short
Bybit DRAMUSDT	+0.0112%	8h	62.200	+0.056%	$9.7M	$9.7M	100x	as long as short
tradeXYZ xyz:DRAM	+0.0144%	1h	62.135	−0.048%	$81.3M	$35.4M	20x	as long as short
Aster DRAMUSDT	+0.0198%	8h	62.168	+0.005%	$200K	$35K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.150	−0.024%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0276%	8h	62.194	+0.047%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDT	+0.0298%	8h	62.180	+0.024%	$301K	$26K	20x	as long as short
Extended DRAM-USD	+0.0312%	1h	62.132	−0.053%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0314%	8h	62.150	−0.024%	$44.6M	$80.2M	50x	as long as short
MEXC DRAM_USDT	+0.0317%	8h	62.150	−0.024%	$8.2M	$5.5M	100x	as long as short
Gate DRAM_USDT	+0.0589%	8h	62.200	+0.056%	$8.1M	$3.5M	75x	as long as short