Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against SunX−0.057%7-day average — · you buy dearer than you sell

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

Long on SunX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.057% cheaper against SunX than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	61.750	0	get 0.0000% / 8h	2h 51m	$1K	$2.6M	10x
Short	SoDEX DRAM-USD	61.715	0.0050	get 0.0006% / 1h	51m 00s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.057%Rate

Funding earned: $10.5
Price spread: −0.057% → 0.000%: −$5.67
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$11.17
Costs to cover: 0.160%
Break-even: 14.4 days

Slippage unknown: SunX: live order book, 6 min ago; SoDEX: no order-book sample. 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, 6 min ago	46.25 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	61.733	−0.028%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.710	−0.065%	$26.1M	$13.9M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.711	−0.063%	$36K	$191K	10x	as long as short
SunX DRAM-USDTlong	0.0000%	8h	61.750	long leg	$1K	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.670	−0.130%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.700	−0.081%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.641	−0.176%	$1K	$31K	5x	as long as short
edgeX DRAMUSDC	+0.0030%	4h	61.687	−0.102%	$149K	$298K	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.660	−0.146%	$48K	$76K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.710	−0.065%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0050%	1h	61.750	0.000%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.727	−0.037%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USDshort	+0.0050%	1h	61.715	−0.057%	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.690	−0.097%	$1.1M	$2.6M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0060%	8h	61.760	+0.016%	$5.5M	$4.7M	50x	as long as short
Bybit DRAMUSDT	+0.0060%	8h	61.730	−0.032%	$9.5M	$10.0M	100x	as long as short
Entropy io:DRAM	+0.0099%	1h	61.665	−0.138%	$170K	$465K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.713	−0.059%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.680	−0.113%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.730	−0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.730	−0.032%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.725	−0.040%	$4K	—	10x	as long as short
Aster DRAMUSDT	+0.0110%	8h	61.704	−0.074%	$198K	$35K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0115%	8h	61.742	−0.014%	—	—	5x	as long as short
Variational Omni DRAM	+0.0167%	8h	61.714	−0.058%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.510	−0.389%	$528K	$74K	20x	as long as short
MEXC DRAM_USDT	+0.0223%	8h	61.690	−0.097%	$9.0M	$5.5M	100x	as long as short
Binance DRAMUSDT	+0.0223%	8h	61.700	−0.081%	$44.3M	$83.3M	50x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.686	−0.104%	$74K	$238K	10x	as long as short
BloFin DRAM-USDT	+0.0238%	8h	61.760	+0.016%	$300K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0260%	8h	61.750	0.000%	$8.1M	$3.6M	75x	as long as short
tradeXYZ xyz:DRAM	+0.0263%	1h	61.692	−0.094%	$80.2M	$35.6M	20x	as long as short
Lighter DRAM	+0.0288%	1h	61.731	−0.031%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.720	−0.049%	$13K	$3K	20x	as long as short