Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0606%/8h= +66.3% APRpaid last 24h +0.076%

Price spread now: Arcus against SunX−0.064%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Arcus

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

Funding pays, the price is against you. Arcus is 0.064% cheaper against SunX than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	62.220	0	get 0.0000% / 8h	7h 51m	$904	$3.1M	10x
Short	Arcus DRAM-USD	62.180	0.0606	get 0.0076% / 1h	51m 26s	$51K	$84K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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

Position, each leg$Hold fordaysFee SunXbpFee ArcusbpOrdersPrice spread, now −0.064%Rate

Funding earned: $127.21
Price spread: −0.064% → 0.000%: −$6.43
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $108.28
Costs to cover: 0.125%
Break-even: 1.0 days

Slippage unknown: SunX: live order book, 6 min ago; Arcus: no order-book sample. 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 SunX live order book, 6 min ago	45.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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-USDTlong	0.0000%	8h	62.220	long leg	$904	$3.1M	10x
HTX DRAM-USDT	0.0000%	8h	62.170	−0.080%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.220	0.000%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0039%	1h	62.143	−0.123%	$1K	$35K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.170	−0.080%	—	$201	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.213	−0.011%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.140	−0.129%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0075%	4h	62.216	−0.006%	$151K	$295K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.189	−0.050%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.160	−0.096%	$3.0M	$449K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni DRAMUSDT	+0.0100%	1h	62.200	−0.032%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.260	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.149	−0.114%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	62.246	+0.042%	$961K	$1.2M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.190	−0.048%	$1.0M	$79K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.482%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0199%	8h	62.220	0.000%	$5.4M	$4.6M	50x	as long as short
Polymarket Perps DRAM-USD	+0.0216%	1h	62.215	−0.008%	$266K	$1.3M	10x	as long as short
Paradex DRAM-USD-PERP	+0.0219%	8h	62.237	+0.028%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.190	−0.048%	$13K	$3K	20x	as long as short
Bitget DRAMUSDT	+0.0249%	8h	62.230	+0.016%	$26.3M	$12.8M	20x	as long as short
Aster DRAMUSDT	+0.0327%	8h	62.160	−0.097%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0419%	8h	62.255	+0.057%	$2.4M	$756K	—	as long as short
Entropy io:DRAM	+0.0424%	1h	62.151	−0.111%	$254K	$475K	25x	as long as short
Extended DRAM-USD	+0.0456%	1h	62.237	+0.027%	$75K	$767K	10x	as long as short
MEXC DRAM_USDT	+0.0459%	8h	62.240	+0.032%	$10.5M	$6.6M	100x	as long as short
Binance DRAMUSDT	+0.0461%	8h	62.250	+0.049%	$44.4M	$81.6M	50x	as long as short
Gate DRAM_USDT	+0.0462%	8h	62.270	+0.080%	$8.3M	$3.3M	75x	as long as short
GRVT DRAM_USDT_Perp	+0.0517%	8h	62.213	−0.011%	$37K	$164K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0554%	1h	62.243	+0.037%	$81.6M	$39.3M	20x	as long as short
Arcus DRAM-USDshort	+0.0606%	1h	62.180	−0.064%	$51K	$84K	10x
Bybit DRAMUSDT	+0.0617%	8h	62.300	+0.129%	$9.6M	$10.5M	100x	as long as short
BloFin DRAM-USDT	+0.0785%	8h	62.240	+0.032%	$295K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.238	+0.029%	$454K	$478K	20x	as long as short