Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h −0.047%

Price spread now: SunX against tradeXYZ+0.021%7-day average +0.037% · you sell dearer than you buy

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

Long on tradeXYZ Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.222%−$22 on $10k

Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.021%, 7d avg +0.037%

Together, before fees−0.207%+ Points / potential airdroptradeXYZ: Active · farm board−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	62.007	0.0137	pay 0.0017% / 1h	42m 50s	$81.1M	$35.6M	20x
Short	SunX DRAM-USDT	62.020	0	get 0.0000% / 8h	3h 42m	$731	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against tradeXYZ. 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 tradeXYZbpFee SunXbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$28.8
Price spread: +0.021% → +0.037%: −$1.56
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee SunX: 4 bp × 2 orders: −$8
Net: −$56.36
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 7 min ago; SunX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 7 min ago	0.32 bp	10.2 bp −$10	11.8 bp −$118	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	45.93 bp	doesn't fit	doesn't fit	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
RISEx DRAM/USDC	0.0000%	1h	62.009	+0.003%	$436K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	62.060	+0.085%	$26.0M	$13.4M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	62.020	+0.021%	$36K	$182K	10x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	62.020	+0.021%	$731	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.980	−0.044%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.040	+0.053%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0012%	4h	62.083	+0.123%	$150K	$299K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0021%	1h	62.028	+0.034%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	62.000	−0.011%	$1.0M	$78K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.010	+0.005%	$48K	$77K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest DRAM-USD-PERP	+0.0046%	1h	61.970	−0.060%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.012	+0.008%	$165K	$455K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.994	−0.021%	$260K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.998	−0.015%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.000	−0.011%	$1.1M	$2.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0069%	8h	62.060	+0.085%	$5.4M	$4.6M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0080%	8h	61.981	−0.042%	—	—	5x	as long as short
Bybit DRAMUSDT	+0.0099%	8h	62.067	+0.097%	$9.7M	$9.7M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	62.016	+0.014%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.000	−0.011%	$3.0M	$395K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.040	+0.053%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.030	+0.037%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.035	+0.044%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.166%	$533K	$75K	20x	as long as short
Lighter DRAM	+0.0136%	1h	62.016	+0.015%	$1.0M	$1.2M	20x	as long as short
tradeXYZ xyz:DRAMlong	+0.0137%	1h	62.007	long leg	$81.1M	$35.6M	20x
Aster DRAMUSDT	+0.0180%	8h	62.039	+0.051%	$200K	$35K	20x	as long as short
Variational Omni DRAM	+0.0251%	8h	62.054	+0.076%	$2.4M	$759K	—	as long as short
BloFin DRAM-USDT	+0.0275%	8h	62.020	+0.021%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0295%	8h	62.047	+0.064%	$44.5M	$80.6M	50x	as long as short
Extended DRAM-USD	+0.0296%	1h	62.022	+0.024%	$76K	$657K	10x	as long as short
MEXC DRAM_USDT	+0.0298%	8h	62.040	+0.053%	$8.2M	$5.5M	100x	as long as short
Gate DRAM_USDT	+0.0541%	8h	62.070	+0.102%	$8.1M	$3.5M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0557%	1h	62.010	+0.005%	$13K	$3K	20x	as long as short