Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0604%/8h= +66.1% APRpaid last 24h +0.050%
Price spread now: tradeXYZ against SunX−0.058%7-day average −0.036% · 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+0.219%+$22 on $10k
Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.058%, 7d avg −0.036%
Together, before fees+0.242%+ Points / potential airdroptradeXYZ: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.022% cheaper against SunX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.036%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.219% in total) that is about 17 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.219% in total (about 11.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DRAM-USDT62.2100get 0.0000% / 8h7h 52m$845$3.1M10x
ShorttradeXYZ xyz:DRAM62.1740.0604get 0.0075% / 1h52m 51s$81.5M$39.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$126.81
Price spread: −0.058% → −0.036%
−$2.19
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$98.62
Costs to cover
0.260%
Break-even
1.6 days
Slippage unknown: SunX: live order book, 5 min ago; tradeXYZ: 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, 5 min ago45.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago0.48 bp10.4 bp −$1012.0 bp −$120doesn'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%8h62.210long leg$845$3.1M10x
HTX DRAM-USDT0.0000%8h62.140−0.113%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.220+0.016%$1.8M$1.3M10xas long as short
edgeX DRAMUSDC+0.0037%4h62.079−0.211%$150K$295K20xas long as short
Aftermath Perps DRAMUSD+0.0039%1h62.107−0.166%$1K$35K5xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.170−0.064%$60110xas long as short
SoDEX DRAM-USD+0.0050%1h62.223+0.021%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h62.140−0.113%$1.2M$1.8M10xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0072%1h62.200−0.016%$13K$3K20xas long as short
Pacifica DRAM+0.0100%1h62.154−0.090%$76K$40K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRAMUSDTM+0.0100%8h62.150−0.096%$3.0M$454K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.130−0.129%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.250+0.064%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.132−0.126%$4K10xas long as short
Lighter DRAM+0.0144%1h62.224+0.023%$961K$1.2M20xas long as short
QFEX DRAM-USD+0.0160%1h62.190−0.032%$1.0M$79K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0184%1h61.920−0.466%$535K$95K20xas long as short
OKX DRAM-USDT-SWAP+0.0197%8h62.180−0.048%$5.4M$4.6M50xas long as short
Paradex DRAM-USD-PERP+0.0220%8h62.225+0.024%5xas long as short
Bitget DRAMUSDT+0.0231%8h62.190−0.032%$26.3M$12.8M20xas long as short
GRVT DRAM_USDT_Perp+0.0244%8h62.108−0.163%$37K$164K10xas long as short
Gate DRAM_USDT+0.0259%8h62.220+0.016%$8.3M$3.3M75xas long as short
Polymarket Perps DRAM-USD+0.0317%1h62.211+0.002%$266K$1.3M10xas long as short
Aster DRAMUSDT+0.0325%8h62.159−0.083%$200K$36K20xas long as short
Entropy io:DRAM+0.0404%1h62.130−0.129%$254K$475K25xas long as short
Variational Omni DRAM+0.0410%8h62.157−0.086%$2.4M$904Kas long as short
Extended DRAM-USD+0.0456%1h62.166−0.070%$75K$767K10xas long as short
MEXC DRAM_USDT+0.0456%8h62.190−0.032%$10.5M$6.6M100xas long as short
Binance DRAMUSDT+0.0458%8h62.192−0.029%$44.2M$81.9M50xas long as short
tradeXYZ xyz:DRAMshort+0.0604%1h62.174−0.058%$81.5M$39.3M20x
Arcus DRAM-USD+0.0606%1h62.150−0.096%$51K$86K10xas long as short
Bybit DRAMUSDT+0.0684%8h62.259+0.079%$9.6M$10.6M100xas long as short
BloFin DRAM-USDT+0.0785%8h62.240+0.048%$295K$27K20xas long as short
RISEx DRAM/USDC+0.1096%1h62.220+0.016%$454K$478K20xas long as short