Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against SunX+0.038%57s7-day average — · you sell dearer than you buy

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

Long on SunX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.038% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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	SunX DRAM-USDT	62.240	0	get 0.0000% / 8h	6h 24m	$893	$2.9M	10x
Short	Aevo DRAM-PERP	62.263	0.0104	get 0.0013% / 1h	24m 20s	$4K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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 SunXbpFee AevobpOrdersPrice spread, now +0.038%Rate

Funding earned: $21.84
Price spread: +0.038% → 0.000%: $3.76
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: $1.6
Costs to cover: 0.240%
Break-even: 6.5 days

Slippage unknown: SunX: live order book, 3 min ago; Aevo: no order-book sample. 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 SunX live order book, 3 min ago	45.79 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DRAM on 33 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
SunX DRAM-USDTlong	0.0000%	8h	62.240	long leg	$893	$2.9M	10x
HTX DRAM-USDT	0.0000%	8h	62.220	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.260	+0.032%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0019%	4h	62.251	+0.017%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.223	−0.028%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.230	−0.016%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.210	−0.048%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.250	+0.016%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.246	+0.010%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.255	+0.024%	$2K	$15K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.210	−0.048%	$1.1M	$1.9M	10x	as long as short
Entropy io:DRAM	+0.0056%	1h	62.196	−0.071%	$253K	$430K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.213	−0.043%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.240	0.000%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.190	−0.080%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.260	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERPshort	+0.0104%	1h	62.263	+0.038%	$4K	—	10x
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.177%	$534K	$93K	20x	as long as short
Lighter DRAM	+0.0160%	1h	62.261	+0.034%	$967K	$1.0M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0180%	8h	62.255	+0.024%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0228%	8h	62.270	+0.048%	$5.5M	$4.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0235%	1h	62.240	0.000%	$82.0M	$36.7M	20x	as long as short
Bitget DRAMUSDT	+0.0279%	8h	62.260	+0.032%	$26.0M	$12.9M	20x	as long as short
Bybit DRAMUSDT	+0.0348%	8h	62.289	+0.079%	$9.6M	$10.1M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0393%	1h	62.220	−0.032%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0427%	8h	62.258	+0.028%	$37K	$154K	10x	as long as short
Aster DRAMUSDT	+0.0468%	8h	62.273	+0.053%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0556%	8h	62.285	+0.072%	$2.4M	$756K	—	as long as short
Gate DRAM_USDT	+0.0568%	8h	62.300	+0.096%	$8.2M	$3.5M	75x	as long as short
Extended DRAM-USD	+0.0592%	1h	62.250	+0.017%	$75K	$669K	10x	as long as short
MEXC DRAM_USDT	+0.0593%	8h	62.250	+0.016%	$9.7M	$5.9M	100x	as long as short
Binance DRAMUSDT	+0.0593%	8h	62.253	+0.020%	$44.7M	$82.0M	50x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.258	+0.029%	$448K	$504K	20x	as long as short