Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0592%/8h= +64.8% APRpaid last 24h +0.064%

Price spread now: Extended against SunX−0.064%7-day average −0.026% · you buy dearer than you sell

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

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.178%+$18 on $10k

Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.064%, 7d avg −0.026%

Together, before fees+0.236%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.038% cheaper against SunX than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.026%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.178% in total) that is about 36 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.178% in total (about 9.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	62.270	0	get 0.0000% / 8h	6h 24m	$821	$2.9M	10x
Short	Extended DRAM-USD	62.230	0.0592	get 0.0074% / 1h	24m 18s	$75K	$669K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.064%Rate

Funding earned: $124.32
Price spread: −0.064% → −0.026%: −$3.76
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $107.56
Costs to cover: 0.130%
Break-even: 0.9 days

Slippage unknown: SunX: live order book, 3 min ago; Extended: live order book, 44 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, 3 min ago	45.79 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 44 min ago	0.40 bp	3.2 bp −$3	6.4 bp −$64	doesn't fit	doesn't fit

DRAM on 33 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	62.270	long leg	$821	$2.9M	10x
HTX DRAM-USDT	0.0000%	8h	62.240	−0.048%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.250	−0.032%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0019%	4h	62.251	−0.031%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.223	−0.076%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.230	−0.064%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.210	−0.096%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.250	−0.032%	$1.0M	$78K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.246	−0.039%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.239	−0.050%	$2K	$15K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.210	−0.096%	$1.1M	$1.9M	10x	as long as short
Entropy io:DRAM	+0.0056%	1h	62.196	−0.119%	$253K	$430K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	62.213	−0.091%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.240	−0.048%	$3.0M	$404K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.190	−0.128%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.260	−0.016%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.263	−0.011%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.130	−0.225%	$534K	$93K	20x	as long as short
Lighter DRAM	+0.0160%	1h	62.231	−0.063%	$966K	$1.0M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0180%	8h	62.255	−0.024%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0228%	8h	62.270	0.000%	$5.5M	$4.5M	50x	as long as short
tradeXYZ xyz:DRAM	+0.0235%	1h	62.240	−0.048%	$82.0M	$36.7M	20x	as long as short
Bitget DRAMUSDT	+0.0279%	8h	62.260	−0.016%	$26.0M	$12.9M	20x	as long as short
Bybit DRAMUSDT	+0.0348%	8h	62.285	+0.024%	$9.6M	$10.1M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0427%	8h	62.258	−0.020%	$37K	$154K	10x	as long as short
Aster DRAMUSDT	+0.0468%	8h	62.267	−0.004%	$200K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0554%	1h	62.230	−0.064%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0556%	8h	62.285	+0.024%	$2.4M	$756K	—	as long as short
Gate DRAM_USDT	+0.0568%	8h	62.300	+0.048%	$8.2M	$3.5M	75x	as long as short
Extended DRAM-USDshort	+0.0592%	1h	62.230	−0.064%	$75K	$669K	10x
MEXC DRAM_USDT	+0.0593%	8h	62.240	−0.048%	$9.7M	$5.9M	100x	as long as short
Binance DRAMUSDT	+0.0593%	8h	62.255	−0.025%	$44.7M	$82.0M	50x	as long as short
RISEx DRAM/USDC	+0.0835%	1h	62.258	−0.019%	$448K	$504K	20x	as long as short