Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0835%/8h= +91.4% APRpaid last 24h +0.077%

Price spread now: RISEx against SunX+0.016%7-day average +0.007% · you sell dearer than you buy

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

Long on SunX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.117%+$12 on $10k

Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.016%, 7d avg +0.007%

Together, before fees+0.125%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.117% in total (about 12.3% 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	62.240	0	get 0.0000% / 8h	6h 45m	$690	$2.9M	10x
Short	RISEx DRAM/USDC	62.250	0.0835	get 0.0104% / 1h	45m 06s	$450K	$503K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.016%Rate

Funding earned: $175.34
Price spread: +0.016% → +0.007%: $0.86
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $162.2
Costs to cover: 0.140%
Break-even: 0.5 days

Slippage unknown: SunX: live order book, 3 min ago; RISEx: live order book, 23 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	45.76 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 23 min ago	1.36 bp	4.4 bp −$4	5.7 bp −$57	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	62.240	long leg	$690	$2.9M	10x
HTX DRAM-USDT	0.0000%	8h	62.320	+0.129%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.240	0.000%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.261	+0.034%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.280	+0.064%	$50K	$82K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.220	−0.032%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.230	−0.016%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.248	+0.013%	$253K	$444K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.220	−0.032%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.235	−0.008%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.220	−0.032%	$1.1M	$1.8M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.230	−0.016%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0096%	4h	62.271	+0.050%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.231	−0.014%	$76K	$42K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.230	−0.016%	$3.0M	$407K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.240	0.000%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.270	+0.048%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.260	+0.032%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.235	−0.008%	$967K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.390	+0.241%	$540K	$90K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0197%	8h	62.249	+0.015%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0217%	1h	62.233	−0.011%	$81.9M	$37.3M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0229%	8h	62.250	+0.016%	$5.5M	$4.7M	50x	as long as short
Bybit DRAMUSDT	+0.0375%	8h	62.270	+0.048%	$9.6M	$10.2M	100x	as long as short
Bitget DRAMUSDT	+0.0469%	8h	62.240	0.000%	$26.1M	$12.7M	20x	as long as short
Aster DRAMUSDT	+0.0485%	8h	62.264	+0.039%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0573%	8h	62.275	+0.057%	$2.4M	$757K	—	as long as short
MEXC DRAM_USDT	+0.0612%	8h	62.240	0.000%	$9.7M	$5.9M	100x	as long as short
Binance DRAMUSDT	+0.0612%	8h	62.236	−0.006%	$44.7M	$82.0M	50x	as long as short
Extended DRAM-USD	+0.0616%	1h	62.231	−0.015%	$75K	$663K	10x	as long as short
Gate DRAM_USDT	+0.0671%	8h	62.260	+0.032%	$8.2M	$3.4M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0699%	8h	62.329	+0.143%	$37K	$152K	10x	as long as short
RISEx DRAM/USDCshort	+0.0835%	1h	62.250	+0.016%	$450K	$503K	20x
BloFin DRAM-USDT	+0.0951%	8h	62.380	+0.225%	$301K	$26K	20x	as long as short