Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.016%
Price spread now: SunX against QFEX+0.098%7-day average −0.004% · you sell dearer than you buy
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 4 days (all we have)−0.023%−$2 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.098%, 7d avg −0.004%
Together, before fees−0.130%−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.102% dearer against QFEX than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of −0.004%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.8 days. At the pace of the last 4 days (−0.023% in total) that is about 16 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX DRAM-USD61.0700.0050pay 0.0006% / 1h33m 38s$995K$84K10x
ShortSunX DRAM-USDT61.1300get 0.0000% / 8h2h 33m$921$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against QFEX. 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
−$10.43
Price spread: +0.098% → −0.004%
$10.19
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$18.24
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 1 min ago2.46 bp7.5 bp −$78.8 bp −$8815.3 bp −$1,530doesn't fit
Sell SunX live order book, 4 min ago46.50 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
Bitget DRAMUSDT−0.0241%8h61.080+0.016%$25.8M$13.9M20xas long as short
RISEx DRAM/USDC0.0000%1h61.079+0.015%$423K$507K20xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.303+0.382%$36K$191K10xas long as short
SunX DRAM-USDTshort0.0000%8h61.130+0.098%$921$2.6M10x
HTX DRAM-USDT0.0000%8h61.180+0.180%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.140+0.115%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0024%1h61.256+0.305%$1K$31K5xas long as short
Bybit DRAMUSDT+0.0026%8h61.079+0.015%$9.4M$10.1M100xas long as short
OKX DRAM-USDT-SWAP+0.0038%8h61.0700.000%$5.4M$5.1M50xas long as short
Arcus DRAM-USD+0.0040%1h61.170+0.164%$48K$75K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest DRAM-USD-PERP+0.0046%1h61.160+0.147%10xas long as short
QFEX DRAM-USDlong+0.0050%1h61.070long leg$995K$84K10x
Entropy io:DRAM+0.0050%1h61.148+0.128%$168K$467K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.134+0.105%$257K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.137+0.110%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.030−0.065%$1.1M$2.9M10xas long as short
Aster DRAMUSDT+0.0074%8h61.117+0.077%$197K$35K20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0077%1h61.110+0.065%$13K$3K20xas long as short
edgeX DRAMUSDC+0.0079%4h61.275+0.335%$149K$298K20xas long as short
Pacifica DRAM+0.0100%1h61.074+0.006%$73K$49K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.0700.000%$3.0M$403K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.290+0.360%$21K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.130+0.098%$8K10xas long as short
Paradex DRAM-USD-PERP+0.0102%8h61.080+0.016%5xas long as short
Aevo DRAM-PERP+0.0104%1h61.145+0.122%$4K10xas long as short
Gate DRAM_USDT+0.0132%8h61.100+0.049%$8.0M$3.6M75xas long as short
Variational Omni DRAM+0.0133%8h61.216+0.238%$2.3M$676Kas long as short
tradeXYZ xyz:DRAM+0.0143%1h61.050−0.033%$79.1M$35.7M20xas long as short
BloFin DRAM-USDT+0.0156%8h61.210+0.229%$301K$26K20xas long as short
Binance DRAMUSDT+0.0182%8h61.081+0.019%$43.7M$84.6M50xas long as short
Extended DRAM-USD+0.0184%1h61.064−0.010%$76K$191K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.150+0.131%$525K$74K20xas long as short
MEXC DRAM_USDT+0.0186%8h61.060−0.016%$8.5M$5.6M100xas long as short
Lighter DRAM+0.0200%1h61.065−0.008%$1.1M$1.2M20xas long as short