Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SunX against SoDEX+0.088%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on SunX

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

The price spread pays, funding is against you. SunX is 0.088% dearer against SoDEX than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX DRAM-USD	62.365	0.0050	pay 0.0006% / 1h	45m 59s	$2K	$15K	20x
Short	SunX DRAM-USDT	62.420	0	get 0.0000% / 8h	7h 45m	$748	$3.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against SoDEX. 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 SoDEXbpFee SunXbpOrdersPrice spread, now +0.088%Rate

Funding earned: −$10.5
Price spread: +0.088% → 0.000%: $8.82
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$17.68
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; SunX: live order book, 12 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 SoDEX no order-book sample	—	—	—	—	—
Sell SunX live order book, 12 min ago	45.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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
SunX DRAM-USDTshort	0.0000%	8h	62.420	+0.088%	$748	$3.1M	10x
HTX DRAM-USDT	0.0000%	8h	62.380	+0.024%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.360	−0.008%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0001%	4h	62.288	−0.123%	$151K	$296K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0037%	1h	62.247	−0.189%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.350	−0.024%	—	—	10x	as long as short
SoDEX DRAM-USDlong	+0.0050%	1h	62.365	long leg	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.340	−0.040%	$1.2M	$1.7M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0071%	1h	62.340	−0.040%	$13K	$3K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.434	+0.111%	$76K	$40K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.290	−0.120%	$3.0M	$447K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.240	−0.200%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.390	+0.040%	$9K	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0101%	1h	62.350	−0.024%	$267K	$1.3M	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.381	+0.025%	$4K	—	10x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.390	+0.040%	$1.0M	$78K	10x	as long as short
Lighter DRAM	+0.0176%	1h	62.369	+0.006%	$979K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.714%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0215%	8h	62.410	+0.072%	$5.5M	$4.7M	50x	as long as short
Paradex DRAM-USD-PERP	+0.0222%	8h	62.429	+0.103%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0314%	8h	62.370	+0.008%	$26.3M	$12.8M	20x	as long as short
Aster DRAMUSDT	+0.0351%	8h	62.271	−0.151%	$200K	$36K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0427%	1h	62.350	−0.024%	$81.9M	$39.6M	20x	as long as short
Variational Omni DRAM	+0.0437%	8h	62.395	+0.049%	$2.4M	$766K	—	as long as short
MEXC DRAM_USDT	+0.0476%	8h	62.350	−0.024%	$10.1M	$6.7M	100x	as long as short
Extended DRAM-USD	+0.0480%	1h	62.367	+0.003%	$75K	$767K	10x	as long as short
Binance DRAMUSDT	+0.0482%	8h	62.391	+0.042%	$44.6M	$81.5M	50x	as long as short
Entropy io:DRAM	+0.0508%	1h	62.279	−0.138%	$254K	$475K	25x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.320	−0.072%	$51K	$83K	10x	as long as short
Bybit DRAMUSDT	+0.0628%	8h	62.440	+0.120%	$9.7M	$10.5M	100x	as long as short
GRVT DRAM_USDT_Perp	+0.0670%	8h	62.300	−0.104%	$37K	$164K	10x	as long as short
Gate DRAM_USDT	+0.0778%	8h	62.400	+0.056%	$8.3M	$3.4M	75x	as long as short
BloFin DRAM-USDT	+0.0832%	8h	62.430	+0.104%	$297K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.396	+0.050%	$455K	$492K	20x	as long as short