Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0179%/8h= −19.7% APRpaid last 24h −0.050%

Price spread now: SunX against tradeXYZ−0.029%7-day average +0.037% · you buy dearer than you sell

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−0.221%−$22 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.029%, 7d avg +0.037%

Together, before fees−0.192%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.065% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.037%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DRAM	62.288	0.0179	pay 0.0022% / 1h	21m 29s	$81.7M	$36.5M	20x
Short	SunX DRAM-USDT	62.270	0	get 0.0000% / 8h	5h 21m	$895	$2.8M	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 −0.029%Rate

Funding earned: −$37.69
Price spread: −0.029% → +0.037%: −$6.55
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee SunX: 4 bp × 2 orders: −$8
Net: −$70.24
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 7 min ago; SunX: live order book, 6 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	0.40 bp	10.4 bp −$10	12.1 bp −$121	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	45.81 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	62.315	+0.043%	$442K	$506K	20x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	62.270	−0.029%	$895	$2.8M	10x
HTX DRAM-USDT	0.0000%	8h	62.240	−0.077%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.290	+0.003%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	62.237	−0.082%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.240	−0.077%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.250	−0.061%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.293	+0.008%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.265	−0.037%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.230	−0.093%	$1.1M	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.300	+0.019%	$1.0M	$78K	10x	as long as short
Bitget DRAMUSDT	+0.0059%	8h	62.320	+0.051%	$26.3M	$13.2M	20x	as long as short
Entropy io:DRAM	+0.0079%	1h	62.225	−0.101%	$251K	$411K	25x	as long as short
edgeX DRAMUSDC	+0.0089%	4h	62.230	−0.094%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.312	+0.038%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.260	−0.045%	$3.0M	$400K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.270	−0.029%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.280	−0.013%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.286	−0.004%	$4K	—	10x	as long as short
Lighter DRAM	+0.0112%	1h	62.292	+0.006%	$968K	$1.0M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0130%	8h	62.296	+0.013%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0152%	8h	62.260	−0.045%	$37K	$159K	10x	as long as short
tradeXYZ xyz:DRAMlong	+0.0179%	1h	62.288	long leg	$81.7M	$36.5M	20x
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.398%	$534K	$74K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0186%	8h	62.310	+0.035%	$5.5M	$4.4M	50x	as long as short
Bybit DRAMUSDT	+0.0257%	8h	62.340	+0.083%	$9.7M	$10.1M	100x	as long as short
Aster DRAMUSDT	+0.0385%	8h	62.327	+0.063%	$200K	$36K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0393%	1h	62.260	−0.045%	$13K	$3K	20x	as long as short
Variational Omni DRAM	+0.0469%	8h	62.222	−0.106%	$2.4M	$717K	—	as long as short
Extended DRAM-USD	+0.0504%	1h	62.303	+0.025%	$75K	$653K	10x	as long as short
MEXC DRAM_USDT	+0.0505%	8h	62.300	+0.019%	$9.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0506%	8h	62.328	+0.065%	$44.8M	$81.7M	50x	as long as short
Gate DRAM_USDT	+0.0535%	8h	62.340	+0.083%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0750%	8h	62.260	−0.045%	$302K	$26K	20x	as long as short