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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.096%54s7-day average −0.033% · you buy dearer than you sell
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+0.189%+$19 on $10k
Price spread, last 3 days (all we have)+0.066%+$7 · spread now −0.096%, 7d avg −0.033%
Together, before fees+0.255%+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.064% cheaper against SunX than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.033%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DRAM-USDT62.3300get 0.0000% / 8h7h 31m$1K$3.0M10x
ShortKuCoin DRAMUSDTM62.2700.0100get 0.0100% / 8h7h 31m$3.0M$437K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.096% → −0.033%
−$6.37
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$5.37
Costs to cover
0.200%
Break-even
8.8 days
Slippage unknown: SunX: live order book, 6 min ago; KuCoin: live order book, 6 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, 6 min ago45.63 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago1.60 bp41.7 bp −$42doesn't fitdoesn't fitdoesn't fit

DRAM on 34 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%8h62.330long leg$1K$3.0M10x
HTX DRAM-USDT0.0000%8h62.320−0.016%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.3300.000%$1.8M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0036%1h62.293−0.059%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.240−0.144%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.267−0.101%$266K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.291−0.063%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.270−0.096%$1.1M$1.9M10xas long as short
edgeX DRAMUSDC+0.0070%4h62.351+0.034%$151K$296K20xas long as short
Pacifica DRAM+0.0100%1h62.309−0.034%$76K$40K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTMshort+0.0100%8h62.270−0.096%$3.0M$437K20x
ApeX Omni DRAMUSDT+0.0100%1h62.300−0.048%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.300−0.048%$9K10xas long as short
Lighter DRAM+0.0104%1h62.282−0.077%$963K$1.2M20xas long as short
Aevo DRAM-PERP+0.0104%1h62.310−0.033%$4K10xas long as short
QFEX DRAM-USD+0.0160%1h62.280−0.080%$1.0M$78K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.658%$535K$95K20xas long as short
Paradex DRAM-USD-PERP+0.0204%8h62.292−0.062%5xas long as short
OKX DRAM-USDT-SWAP+0.0225%8h62.300−0.048%$5.5M$4.7M50xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0232%1h62.310−0.032%$13K$3K20xas long as short
tradeXYZ xyz:DRAM+0.0259%1h62.268−0.099%$81.7M$39.4M20xas long as short
Bybit DRAMUSDT+0.0380%8h62.344+0.022%$9.6M$10.5M100xas long as short
Aster DRAMUSDT+0.0388%8h62.220−0.176%$200K$36K20xas long as short
Bitget DRAMUSDT+0.0449%8h62.320−0.016%$26.1M$12.8M20xas long as short
Variational Omni DRAM+0.0474%8h62.365+0.057%$2.4M$761Kas long as short
Entropy io:DRAM+0.0494%1h62.259−0.114%$254K$462K25xas long as short
Extended DRAM-USD+0.0512%1h62.292−0.062%$75K$769K10xas long as short
MEXC DRAM_USDT+0.0514%8h62.300−0.048%$9.7M$6.7M100xas long as short
Binance DRAMUSDT+0.0519%8h62.308−0.035%$44.5M$81.6M50xas long as short
Arcus DRAM-USD+0.0606%1h62.300−0.048%$51K$82K10xas long as short
Gate DRAM_USDT+0.0656%8h62.3300.000%$8.3M$3.4M75xas long as short
GRVT DRAM_USDT_Perp+0.0866%8h62.370+0.064%$37K$157K10xas long as short
BloFin DRAM-USDT+0.0895%8h62.250−0.128%$297K$26K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.294−0.058%$460K$495K20xas long as short