Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.047%

Price spread now: Coinbase International against SunX+0.274%7-day average −0.158% · you sell dearer than you buy

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

Long on SunX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.357%+$36 on $10k

Price spread, last 4 days (all we have)−0.308%−$31 · spread now +0.274%, 7d avg −0.158%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.433% dearer against SunX than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.158%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	61.940	0	get 0.0000% / 8h	3h 30m	$821	$2.6M	10x
Short	Coinbase International DRAM-PERP-INTX	62.110	0.0104	get 0.0013% / 1h	30m 55s	$533K	$75K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.274%Rate

Funding earned: $21.84
Price spread: +0.274% → −0.158%: $43.26
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $47.1
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 7 min ago; Coinbase International: live order book, 22 min ago. 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, 7 min ago	46.04 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 22 min ago	4.82 bp	12.2 bp −$12	15.4 bp −$154	doesn't fit	doesn't fit

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
RISEx DRAM/USDC	0.0000%	1h	61.981	+0.066%	$436K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.000	+0.097%	$26.1M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.922	−0.030%	$37K	$185K	10x	as long as short
SunX DRAM-USDTlong	0.0000%	8h	61.940	long leg	$821	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.910	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.990	+0.081%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0022%	1h	61.920	−0.033%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.990	+0.081%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.900	−0.065%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.930	−0.016%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.890	−0.081%	$165K	$454K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.969	+0.047%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.971	+0.050%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.900	−0.065%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0065%	8h	62.010	+0.113%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0084%	4h	61.895	−0.073%	$150K	$299K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0085%	8h	61.929	−0.018%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0091%	8h	62.010	+0.113%	$9.6M	$9.7M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.917	−0.037%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.950	+0.016%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.960	+0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.000	+0.097%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.000	+0.097%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTXshort	+0.0104%	1h	62.110	+0.274%	$533K	$75K	20x
tradeXYZ xyz:DRAM	+0.0135%	1h	61.950	+0.016%	$80.9M	$35.4M	20x	as long as short
Aster DRAMUSDT	+0.0167%	8h	61.984	+0.071%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.993	+0.086%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0226%	8h	61.974	+0.055%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0260%	8h	61.960	+0.032%	$301K	$26K	20x	as long as short
MEXC DRAM_USDT	+0.0284%	8h	61.980	+0.065%	$8.2M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0284%	8h	61.990	+0.081%	$44.5M	$81.0M	50x	as long as short
Extended DRAM-USD	+0.0288%	1h	61.962	+0.035%	$76K	$657K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0396%	1h	61.990	+0.081%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0477%	8h	62.000	+0.097%	$8.1M	$3.5M	75x	as long as short