Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.015%

Price spread now: edgeX against SunX−0.037%46s7-day average −0.004% · you buy dearer than you sell

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

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 3 days (all we have)+0.035%+$4 · spread now −0.037%, 7d avg −0.004%

Together, before fees+0.138%+ Points / potential airdropedgeX: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.033% cheaper against SunX than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of −0.004%). If the spread goes back, that is −$3 on $10k: about 6.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.103% in total) that is about 2.2 days. The two prices were read 46 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	62.460	0	get 0.0000% / 8h	7h 09m	$1K	$3.0M	10x
Short	edgeX DRAMUSDC	62.437	0.0018	get 0.0009% / 4h	3h 09m	$151K	$295K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.037%Rate

Funding earned: $3.78
Price spread: −0.037% → −0.004%: −$3.28
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$16.5
Costs to cover: 0.170%
Break-even: 37.6 days

Slippage unknown: SunX: live order book, 8 min ago; edgeX: live order book, 63 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, 8 min ago	45.57 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 63 min ago	8.08 bp	12.6 bp −$13	19.3 bp −$193	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
SunX DRAM-USDTlong	0.0000%	8h	62.460	long leg	$1K	$3.0M	10x
HTX DRAM-USDT	0.0000%	8h	62.460	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.460	0.000%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDCshort	+0.0018%	4h	62.437	−0.037%	$151K	$295K	20x
Aftermath Perps DRAMUSD	+0.0035%	1h	62.447	−0.020%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.410	−0.080%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.435	−0.040%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.450	−0.016%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.400	−0.096%	$1.1M	$1.9M	10x	as long as short
Pacifica DRAM	+0.0100%	1h	62.459	−0.001%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.410	−0.080%	$3.0M	$421K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	−0.016%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.480	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.474	+0.023%	$4K	—	10x	as long as short
Lighter DRAM	+0.0112%	1h	62.428	−0.051%	$971K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.410	−0.080%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.112%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0226%	1h	62.426	−0.054%	$82.2M	$37.5M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0227%	8h	62.462	+0.003%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0239%	8h	62.440	−0.032%	$5.5M	$4.6M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.450	−0.016%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0448%	8h	62.480	+0.032%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0480%	8h	62.342	−0.189%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0515%	1h	62.373	−0.139%	$255K	$448K	25x	as long as short
Variational Omni DRAM	+0.0561%	8h	62.435	−0.041%	$2.4M	$749K	—	as long as short
Bitget DRAMUSDT	+0.0597%	8h	62.450	−0.016%	$26.1M	$12.9M	20x	as long as short
Extended DRAM-USD	+0.0600%	1h	62.436	−0.039%	$76K	$663K	10x	as long as short
MEXC DRAM_USDT	+0.0603%	8h	62.450	−0.016%	$9.7M	$6.7M	100x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.460	0.000%	$51K	$82K	10x	as long as short
Binance DRAMUSDT	+0.0608%	8h	62.430	−0.048%	$44.9M	$82.0M	50x	as long as short
Gate DRAM_USDT	+0.0803%	8h	62.470	+0.016%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0956%	8h	62.520	+0.096%	$298K	$26K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1026%	8h	62.510	+0.080%	$37K	$153K	10x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.416	−0.070%	$456K	$498K	20x	as long as short