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+0.0434%/8h= +47.5% APRnext payment +$4.34 per $10,000 · paid last 24h +0.050%
Price spread now: Bybit against SunX+0.061%7-day average +0.021% · 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 7 days+0.101%+$10 on $10k
Price spread, last 3 days (all we have)−0.045%−$5 · spread now +0.061%, 7d avg +0.021%
Together, before fees+0.055%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bybit is 0.040% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.021%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.34 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-USDT62.4300get 0.0000% / 8h7h 40m$637$3.0M10x
ShortBybit DRAMUSDT62.4680.0434get 0.0434% / 8h7h 40m$9.6M$10.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$91.11
Price spread: +0.061% → +0.021%
$4.01
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$76.12
Costs to cover
0.190%
Break-even
1.2 days
Slippage unknown: SunX: live order book, 7 min ago; Bybit: live order book, 3 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, 7 min ago45.67 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.80 bp8.0 bp −$812.0 bp −$120113.5 bp −$11.3Kdoesn'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
SunX DRAM-USDTlong0.0000%8h62.430long leg$637$3.0M10x
HTX DRAM-USDT0.0000%8h62.320−0.176%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.400−0.048%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0037%4h62.355−0.121%$151K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0037%1h62.332−0.157%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.330−0.160%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.368−0.099%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.408−0.035%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.340−0.144%$1.1M$1.9M10xas long as short
Pacifica DRAM+0.0100%1h62.430−0.001%$76K$40K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.340−0.144%$3.0M$442K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.4300.000%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.440+0.016%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.432+0.003%$4K10xas long as short
Lighter DRAM+0.0152%1h62.415−0.024%$970K$1.2M20xas long as short
QFEX DRAM-USD+0.0160%1h62.390−0.064%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.817%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0219%8h62.450+0.032%$5.5M$4.7M50xas long as short
Paradex DRAM-USD-PERP+0.0223%8h62.447+0.027%5xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.390−0.064%$13K$3K20xas long as short
tradeXYZ xyz:DRAM+0.0341%1h62.387−0.069%$81.8M$39.9M20xas long as short
Aster DRAMUSDT+0.0374%8h62.324−0.169%$200K$36K20xas long as short
Bitget DRAMUSDT+0.0389%8h62.420−0.016%$26.2M$12.9M20xas long as short
Bybit DRAMUSDTshort+0.0434%8h62.468+0.061%$9.6M$10.5M100x
Variational Omni DRAM+0.0456%8h62.405−0.040%$2.4M$765Kas long as short
MEXC DRAM_USDT+0.0500%8h62.420−0.016%$10.1M$6.7M100xas long as short
Binance DRAMUSDT+0.0503%8h62.432+0.004%$44.6M$81.7M50xas long as short
Extended DRAM-USD+0.0504%1h62.397−0.053%$75K$767K10xas long as short
Entropy io:DRAM+0.0531%1h62.316−0.183%$254K$476K25xas long as short
Arcus DRAM-USD+0.0606%1h62.370−0.096%$51K$83K10xas long as short
Gate DRAM_USDT+0.0660%8h62.4300.000%$8.3M$3.4M75xas long as short
BloFin DRAM-USDT+0.0870%8h62.350−0.128%$296K$26K20xas long as short
GRVT DRAM_USDT_Perp+0.0958%8h62.337−0.150%$37K$162K10xas long as short
RISEx DRAM/USDC+0.1096%1h62.401−0.046%$455K$491K20xas long as short