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+0.0572%/8h= +62.6% APRnext payment +$5.72 per $10,000 · paid last 24h +0.067%
Price spread now: Gate against SunX+0.064%7-day average −0.001% · 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+0.059%+$6 on $10k
Price spread, last 3 days (all we have)−0.112%−$11 · spread now +0.064%, 7d avg −0.001%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Gate is 0.065% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.001%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.72 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-USDT62.2200get 0.0000% / 8h6h 28m$925$2.9M10x
ShortGate DRAM_USDT62.2600.0572get 0.0572% / 8h6h 28m$8.2M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$120.12
Price spread: +0.064% → −0.001%
$6.49
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$103.61
Costs to cover
0.230%
Break-even
1.0 days
Slippage unknown: SunX: live order book, 9 min ago; Gate: live order book, 5 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, 9 min ago45.85 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago1.61 bp19.8 bp −$2027.3 bp −$27334.0 bp −$3,39766.3 bp −$33.2K

DRAM on 33 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%8h62.220long leg$925$2.9M10x
HTX DRAM-USDT0.0000%8h62.190−0.048%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.2200.000%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0034%1h62.186−0.054%$1K$34K5xas long as short
edgeX DRAMUSDC+0.0037%4h62.204−0.026%$151K$298K20xas long as short
Arcus DRAM-USD+0.0040%1h62.200−0.032%$51K$82K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.200−0.032%10xas long as short
QFEX DRAM-USD+0.0046%1h62.2200.000%$1.0M$78K10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.228+0.013%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.216−0.006%$2K$15K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h62.170−0.080%$1.2M$1.9M10xas long as short
Entropy io:DRAM+0.0056%1h62.184−0.058%$253K$435K25xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0072%1h62.210−0.016%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h62.204−0.026%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.2200.000%$3.0M$406K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.240+0.032%$22K$184K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.250+0.048%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.240+0.032%$4K10xas long as short
Lighter DRAM+0.0152%1h62.212−0.013%$966K$1.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.130−0.145%$534K$93K20xas long as short
Paradex DRAM-USD-PERP+0.0182%8h62.223+0.004%5xas long as short
OKX DRAM-USDT-SWAP+0.0228%8h62.240+0.032%$5.5M$4.5M50xas long as short
tradeXYZ xyz:DRAM+0.0237%1h62.199−0.034%$81.9M$36.9M20xas long as short
Bitget DRAMUSDT+0.0301%8h62.230+0.016%$26.0M$13.0M20xas long as short
Bybit DRAMUSDT+0.0355%8h62.270+0.080%$9.6M$10.1M100xas long as short
Aster DRAMUSDT+0.0472%8h62.267+0.076%$200K$36K20xas long as short
GRVT DRAM_USDT_Perp+0.0484%8h62.213−0.011%$36K$152K10xas long as short
Variational Omni DRAM+0.0565%8h62.205−0.024%$2.4M$759Kas long as short
Gate DRAM_USDTshort+0.0572%8h62.260+0.064%$8.2M$3.4M75x
Binance DRAMUSDT+0.0598%8h62.235+0.025%$44.7M$82.3M50xas long as short
MEXC DRAM_USDT+0.0599%8h62.240+0.032%$9.7M$5.9M100xas long as short
Extended DRAM-USD+0.0600%1h62.219−0.002%$75K$669K10xas long as short
RISEx DRAM/USDC+0.0835%1h62.262+0.068%$448K$504K20xas long as short