Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: SunX against ApeX Omni−0.065%7-day average −0.022% · you buy dearer than you sell

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

Long on ApeX Omni Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.205%−$20 on $10k

Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.065%, 7d avg −0.022%

Together, before fees−0.140%−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.044% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.022%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	61.230	0.0100	pay 0.0013% / 1h	27m 10s	$21K	$186K	50x
Short	SunX DRAM-USDT	61.190	0	get 0.0000% / 8h	5h 27m	$696	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against ApeX Omni. 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 ApeX OmnibpFee SunXbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$21
Price spread: −0.065% → −0.022%: −$4.37
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$43.37
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 17 min ago; SunX: live order book, 3 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 ApeX Omni live order book, 17 min ago	26.89 bp	40.4 bp −$40	215.1 bp −$2,151	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	46.56 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

DRAM on 34 exchanges

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
Bybit DRAMUSDT	0.0000%	8h	61.226	−0.007%	$9.5M	$11.2M	100x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.210	−0.033%	$26.8M	$17.2M	20x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	61.190	−0.065%	$696	$2.4M	10x
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.180	−0.082%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.200	−0.049%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.190	−0.065%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.175	−0.090%	$1K	$26K	5x	as long as short
Lighter DRAM	+0.0040%	1h	61.192	−0.062%	$1.1M	$1.4M	20x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.170	−0.098%	$59K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.120	−0.180%	—	—	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	61.179	−0.083%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.193	−0.060%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.160	−0.114%	$1.1M	$3.6M	10x	as long as short
QFEX DRAM-USD	+0.0057%	1h	61.200	−0.049%	$999K	$98K	10x	as long as short
edgeX DRAMUSDC	+0.0067%	4h	61.200	−0.049%	$149K	$298K	20x	as long as short
Gate DRAM_USDT	+0.0088%	8h	61.220	−0.016%	$7.9M	$3.8M	75x	as long as short
Pacifica DRAM	+0.0100%	1h	61.185	−0.074%	$75K	$31K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.190	−0.065%	$3.0M	$415K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.230	long leg	$21K	$186K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.200	−0.049%	$8K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0100%	8h	61.191	−0.063%	—	—	5x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.197	−0.054%	$4K	—	10x	as long as short
tradeXYZ xyz:DRAM	+0.0108%	1h	61.168	−0.101%	$79.3M	$38.9M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0160%	8h	61.230	0.000%	$5.5M	$6.7M	50x	as long as short
Aster DRAMUSDT	+0.0189%	8h	61.216	−0.023%	$195K	$28K	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0232%	1h	61.330	+0.163%	$537K	$91K	20x	as long as short
Variational Omni DRAM	+0.0237%	8h	61.191	−0.064%	$2.2M	$696K	—	as long as short
Binance DRAMUSDT	+0.0280%	8h	61.200	−0.049%	$44.3M	$98.7M	50x	as long as short
Extended DRAM-USD	+0.0280%	1h	61.178	−0.085%	$98K	$293K	10x	as long as short
MEXC DRAM_USDT	+0.0283%	8h	61.190	−0.065%	$9.0M	$5.4M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0489%	8h	61.202	−0.046%	$36K	$225K	10x	as long as short
RISEx DRAM/USDC	+0.0600%	1h	61.195	−0.058%	$460K	$369K	20x	as long as short
BloFin DRAM-USDT	+0.0647%	8h	61.210	−0.033%	$307K	$27K	20x	as long as short
Entropy io:DRAM	+0.0696%	1h	61.169	−0.100%	$309K	$1.7M	25x	as long as short