Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0108%/8h= +11.9% APRpaid last 24h +0.056%

Price spread now: Entropy against SunX+0.047%7-day average +0.005% · you sell dearer than you buy

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

Long on SunX Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.151%+$15 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.047%, 7d avg +0.005%

Together, before fees+0.086%+$9 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 Entropy is 0.041% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	62.190	0	get 0.0000% / 8h	3h 56m	$734	$2.6M	10x
Short	Entropy io:DRAM	62.219	0.0108	get 0.0014% / 1h	56m 10s	$173K	$447K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy 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 EntropybpOrdersPrice spread, now +0.047%Rate

Funding earned: $22.73
Price spread: +0.047% → +0.005%: $4.14
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Entropy: 9 bp × 2 orders: −$18
Net: $0.87
Costs to cover: 0.260%
Break-even: 6.7 days

Slippage unknown: SunX: live order book, 11 min ago; Entropy: live order book, 29 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, 11 min ago	45.67 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Entropy live order book, 29 min ago	2.16 bp	14.6 bp −$15	doesn't fit	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	62.191	+0.002%	$438K	$502K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.190	0.000%	$26.1M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.256	+0.105%	$37K	$177K	10x	as long as short
SunX DRAM-USDTlong	0.0000%	8h	62.190	long leg	$734	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	62.240	+0.080%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.190	0.000%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.231	+0.066%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.170	−0.032%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.210	+0.032%	$48K	$77K	10x	as long as short
edgeX DRAMUSDC	+0.0043%	4h	62.225	+0.057%	$151K	$296K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	62.160	−0.048%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.160	−0.048%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.195	+0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.140	−0.080%	$1.1M	$2.3M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0072%	1h	62.180	−0.016%	$13K	$3K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0076%	8h	62.210	+0.032%	$5.5M	$4.5M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0077%	8h	62.185	−0.007%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	62.198	+0.013%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.190	0.000%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.280	+0.145%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.210	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.198	+0.014%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.330	+0.225%	$535K	$75K	20x	as long as short
Entropy io:DRAMshort	+0.0108%	1h	62.219	+0.047%	$173K	$447K	25x
Bybit DRAMUSDT	+0.0111%	8h	62.220	+0.048%	$9.7M	$9.7M	100x	as long as short
Lighter DRAM	+0.0120%	1h	62.193	+0.005%	$1.0M	$1.1M	20x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	62.165	−0.040%	$81.4M	$35.5M	20x	as long as short
Aster DRAMUSDT	+0.0211%	8h	62.219	+0.047%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0276%	8h	62.194	+0.007%	$2.4M	$748K	—	as long as short
BloFin DRAM-USDT	+0.0318%	8h	62.270	+0.129%	$302K	$26K	20x	as long as short
Extended DRAM-USD	+0.0328%	1h	62.183	−0.011%	$76K	$622K	10x	as long as short
Binance DRAMUSDT	+0.0328%	8h	62.190	0.000%	$44.6M	$80.2M	50x	as long as short
MEXC DRAM_USDT	+0.0330%	8h	62.180	−0.016%	$8.2M	$5.5M	100x	as long as short
Gate DRAM_USDT	+0.0606%	8h	62.220	+0.048%	$8.1M	$3.5M	75x	as long as short