Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.025%

Price spread now: Aftermath Perps against SunX−0.066%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Aftermath Perps is 0.066% cheaper against SunX than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 6.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	61.740	0	get 0.0000% / 8h	1h 38m	$806	$3.3M	10x
Short	Aftermath Perps DRAMUSD	61.699	0.0036	get 0.0004% / 1h	38m 50s	$1K	$36K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.066%Rate

Funding earned: $7.54
Price spread: −0.066% → 0.000%: −$6.58
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$16.03
Costs to cover: 0.170%
Break-even: 21.9 days

Slippage unknown: SunX: live order book, 9 min ago; Aftermath Perps: 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, 9 min ago	46.18 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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 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
Gate DRAM_USDT	0.0000%	8h	61.770	+0.049%	$8.2M	$3.5M	75x	as long as short
SunX DRAM-USDTlong	0.0000%	8h	61.740	long leg	$806	$3.3M	10x
HTX DRAM-USDT	0.0000%	8h	61.720	−0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.760	+0.032%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0027%	4h	61.727	−0.021%	$153K	$288K	20x	as long as short
Aftermath Perps DRAMUSDshort	+0.0036%	1h	61.699	−0.066%	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	61.660	−0.130%	—	$797	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.694	−0.075%	$254K	$503K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.720	−0.032%	$204K	$1.2M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.750	+0.016%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.113%	$1.2M	$1.7M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	61.730	−0.016%	$1.0M	$77K	10x	as long as short
Aster DRAMUSDT	+0.0096%	8h	61.740	0.000%	$198K	$36K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.746	+0.010%	$75K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.730	−0.016%	$3.0M	$476K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.750	+0.016%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.740	0.000%	$8K	—	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0101%	8h	61.760	+0.032%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0102%	8h	61.770	+0.049%	$26.0M	$12.5M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.762	+0.036%	$4K	—	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0138%	8h	61.731	−0.014%	$35K	$184K	10x	as long as short
Paradex DRAM-USD-PERP	+0.0165%	8h	61.740	0.000%	—	—	5x	as long as short
Variational Omni DRAM	+0.0180%	8h	61.728	−0.020%	$2.4M	$949K	—	as long as short
Bybit DRAMUSDT	+0.0200%	8h	61.819	+0.128%	$9.3M	$10.3M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0208%	1h	61.580	−0.259%	$510K	$44K	20x	as long as short
MEXC DRAM_USDT	+0.0227%	8h	61.760	+0.032%	$11.2M	$6.4M	100x	as long as short
Binance DRAMUSDT	+0.0230%	8h	61.766	+0.043%	$43.8M	$82.6M	50x	as long as short
Extended DRAM-USD	+0.0232%	1h	61.752	+0.020%	$102K	$741K	10x	as long as short
RISEx DRAM/USDC	+0.0257%	1h	61.744	+0.006%	$480K	$442K	20x	as long as short
Lighter DRAM	+0.0344%	1h	61.759	+0.031%	$992K	$1.2M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0347%	1h	61.747	+0.011%	$79.3M	$39.5M	20x	as long as short
BloFin DRAM-USDT	+0.0389%	8h	61.770	+0.049%	$295K	$27K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0561%	1h	61.740	0.000%	$13K	$9K	20x	as long as short
Arcus DRAM-USD	+0.0649%	1h	61.730	−0.016%	$50K	$92K	10x	as long as short