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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0580%/8h= +63.5% APRnext payment +$5.80 per $10,000 · paid last 24h −0.020%
Price spread now: SunX against Bitget−0.065%7-day average −0.018% · 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−0.108%−$11 on $10k
Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.065%, 7d avg −0.018%
Together, before fees−0.040%−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.047% cheaper against Bitget than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.018%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.108% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DRAMUSDT61.210−0.0580get 0.0580% / 8h1h 28m$26.0M$14.6M20x
ShortSunX DRAM-USDT61.1700get 0.0000% / 8h1h 28m$796$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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
$121.8
Price spread: −0.065% → −0.018%
−$4.7
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$97.1
Costs to cover
0.200%
Break-even
1.4 days
Slippage unknown: Bitget: live order book, 5 min ago; SunX: live order book, 8 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 Bitget live order book, 5 min ago0.82 bp7.0 bp −$713.1 bp −$13125.0 bp −$2,49867.8 bp −$33.9K
Sell SunX live order book, 8 min ago46.66 bpdoesn't fitdoesn't fitdoesn'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
Bitget DRAMUSDTlong−0.0580%8h61.210long leg$26.0M$14.6M20x
Aster DRAMUSDT0.0000%8h61.202−0.014%$197K$35K20xas long as short
Bybit DRAMUSDT0.0000%8h61.209−0.002%$9.4M$10.2M100xas long as short
RISEx DRAM/USDC0.0000%1h61.160−0.083%$424K$358K20xas long as short
Gate DRAM_USDT0.0000%8h61.220+0.016%$8.0M$3.7M75xas long as short
GRVT DRAM_USDT_Perp0.0000%8h61.160−0.081%$36K$201K10xas long as short
SunX DRAM-USDTshort0.0000%8h61.170−0.065%$796$2.6M10x
HTX DRAM-USDT0.0000%8h61.060−0.245%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h61.170−0.065%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0012%8h61.180−0.049%$5.4M$5.9M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps DRAMUSD+0.0029%1h61.130−0.130%$1K$31K5xas long as short
QFEX DRAM-USD+0.0039%1h61.170−0.065%$996K$84K10xas long as short
Arcus DRAM-USD+0.0040%1h61.110−0.163%$48K$68K10xas long as short
Variational Omni DRAM+0.0042%8h61.134−0.124%$2.3M$682Kas long as short
Vest DRAM-USD-PERP+0.0046%1h61.150−0.098%10xas long as short
edgeX DRAMUSDC+0.0047%4h61.122−0.144%$148K$299K20xas long as short
Entropy io:DRAM+0.0050%1h61.115−0.155%$169K$470K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h61.141−0.113%$254K$1.4M10xas long as short
SoDEX DRAM-USD+0.0050%1h61.170−0.065%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h61.080−0.212%$1.0M$3.5M10xas long as short
BloFin DRAM-USDT+0.0052%8h61.180−0.049%$300K$26K20xas long as short
tradeXYZ xyz:DRAM+0.0083%1h61.154−0.091%$79.2M$35.9M20xas long as short
Extended DRAM-USD+0.0088%1h61.175−0.057%$74K$189K10xas long as short
Paradex DRAM-USD-PERP+0.0091%8h61.162−0.078%5xas long as short
Binance DRAMUSDT+0.0092%8h61.190−0.033%$43.8M$87.7M50xas long as short
MEXC DRAM_USDT+0.0093%8h61.190−0.033%$8.0M$5.6M100xas long as short
Pacifica DRAM+0.0100%1h61.193−0.027%$73K$46K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h61.160−0.082%$3.0M$416K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h61.130−0.131%$21K$185K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h61.150−0.098%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h61.154−0.092%$4K10xas long as short
Coinbase International DRAM-PERP-INTX+0.0160%1h61.110−0.163%$525K$75K20xas long as short
Lighter DRAM+0.0192%1h61.173−0.060%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0405%1h61.150−0.098%$13K$3K20xas long as short