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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0589%/8h= +64.5% APRnext payment +$5.89 per $10,000 · paid last 24h +0.101%
Price spread now: BloFin against SunX−0.032%7-day average +0.011% · you buy dearer than you sell
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 7 days+0.179%+$18 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.032%, 7d avg +0.011%
Together, before fees+0.219%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.043% cheaper against SunX than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.011%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.179% in total) that is about 40 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.179% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DRAM-USDT62.4400get 0.0000% / 8h4h 42m$892$2.7M10x
ShortBloFin DRAM-USDT62.4200.0589get 0.0589% / 8h4h 42m$303K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$123.77
Price spread: −0.032% → +0.011%
−$4.31
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$99.46
Costs to cover
0.200%
Break-even
1.4 days
Slippage unknown: SunX: live order book, 5 min ago; BloFin: live order book, 57 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 SunX live order book, 5 min ago45.68 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 57 min ago2.41 bp9.7 bp −$1014.0 bp −$14048.4 bp −$4,843doesn'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
RISEx DRAM/USDC0.0000%1h62.442+0.004%$442K$501K20xas long as short
SunX DRAM-USDTlong0.0000%8h62.440long leg$892$2.7M10x
HTX DRAM-USDT0.0000%8h62.390−0.080%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.4400.000%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0024%1h62.370−0.112%$1K$32K5xas long as short
Lighter DRAM+0.0032%1h62.436−0.006%$970K$1.0M20xas long as short
Arcus DRAM-USD+0.0040%1h62.360−0.128%$51K$79K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.380−0.096%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.402−0.061%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.439−0.002%$2K$15K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h62.390−0.080%$1.1M$2.2M10xas long as short
QFEX DRAM-USD+0.0052%1h62.410−0.048%$1.0M$78K10xas long as short
edgeX DRAMUSDC+0.0069%4h62.383−0.091%$151K$298K20xas long as short
GRVT DRAM_USDT_Perp+0.0081%8h62.402−0.061%$37K$167K10xas long as short
tradeXYZ xyz:DRAM+0.0098%1h62.421−0.030%$81.8M$35.6M20xas long as short
Paradex DRAM-USD-PERP+0.0099%8h62.439−0.002%5xas long as short
Pacifica DRAM+0.0100%1h62.405−0.057%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.420−0.032%$3.0M$393K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.390−0.080%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.470+0.048%$9K10xas long as short
Bitget DRAMUSDT+0.0103%8h62.450+0.016%$26.3M$13.2M20xas long as short
Aevo DRAM-PERP+0.0104%1h62.458+0.029%$4K10xas long as short
OKX DRAM-USDT-SWAP+0.0145%8h62.460+0.032%$5.5M$4.5M50xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.330−0.176%$535K$75K20xas long as short
Entropy io:DRAM+0.0161%1h62.395−0.072%$234K$419K25xas long as short
Bybit DRAMUSDT+0.0207%8h62.491+0.082%$9.7M$9.9M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.4400.000%$13K$3K20xas long as short
Aster DRAMUSDT+0.0320%8h62.462+0.035%$201K$35K20xas long as short
Variational Omni DRAM+0.0405%8h62.383−0.091%$2.4M$738Kas long as short
Binance DRAMUSDT+0.0437%8h62.450+0.016%$45.0M$80.5M50xas long as short
MEXC DRAM_USDT+0.0438%8h62.450+0.016%$9.2M$5.4M100xas long as short
Extended DRAM-USD+0.0440%1h62.434−0.009%$75K$636K10xas long as short
BloFin DRAM-USDTshort+0.0589%8h62.420−0.032%$303K$26K20x
Gate DRAM_USDT+0.0611%8h62.470+0.048%$8.2M$3.5M75xas long as short