Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: SunX against Aevo+0.032%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on SunX

What this pair did over the last

the charts below follow

Funding, last 5 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 0.032% dearer against Aevo than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo DRAM-PERP	61.400	0.0104	pay 0.0013% / 1h	4m 16s	$4K	—	10x
Short	SunX DRAM-USDT	61.420	0	get 0.0000% / 8h	2h 04m	$746	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aevo. 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 AevobpFee SunXbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$21.84
Price spread: +0.032% → 0.000%: $3.22
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee SunX: 4 bp × 2 orders: −$8
Net: −$42.62
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample	—	—	—	—	—
Sell SunX live order book, 3 min ago	46.38 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Aevo: 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
Bitget DRAMUSDT	−0.0471%	8h	61.420	+0.032%	$26.1M	$14.4M	20x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.404	+0.005%	$425K	$506K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.470	+0.114%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.462	+0.100%	$36K	$196K	10x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	61.420	+0.032%	$746	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.370	−0.049%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.400	0.000%	$1.7M	$1.3M	10x	as long as short
Bybit DRAMUSDT	+0.0014%	8h	61.423	+0.037%	$9.4M	$10.2M	100x	as long as short
Aftermath Perps DRAMUSD	+0.0028%	1h	61.358	−0.068%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.390	−0.017%	$48K	$69K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0045%	8h	61.420	+0.032%	$5.5M	$5.7M	50x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.400	0.000%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0050%	1h	61.400	0.000%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.394	−0.010%	$255K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.395	−0.009%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.380	−0.033%	$1.1M	$3.4M	10x	as long as short
Aster DRAMUSDT	+0.0060%	8h	61.434	+0.055%	$198K	$35K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	61.428	+0.045%	$149K	$298K	20x	as long as short
Entropy io:DRAM	+0.0077%	1h	61.366	−0.056%	$170K	$470K	25x	as long as short
Pacifica DRAM	+0.0100%	1h	61.374	−0.043%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.390	−0.017%	$3.0M	$411K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.490	+0.146%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.410	+0.016%	$8K	—	10x	as long as short
Aevo DRAM-PERPlong	+0.0104%	1h	61.400	long leg	$4K	—	10x
Variational Omni DRAM	+0.0106%	8h	61.444	+0.072%	$2.3M	$669K	—	as long as short
Paradex DRAM-USD-PERP	+0.0120%	8h	61.395	−0.008%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0146%	1h	61.400	0.000%	$79.5M	$36.1M	20x	as long as short
Binance DRAMUSDT	+0.0165%	8h	61.400	0.000%	$44.0M	$87.0M	50x	as long as short
MEXC DRAM_USDT	+0.0167%	8h	61.400	0.000%	$8.1M	$5.7M	100x	as long as short
Extended DRAM-USD	+0.0168%	1h	61.383	−0.029%	$76K	$188K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.110	−0.473%	$525K	$75K	20x	as long as short
BloFin DRAM-USDT	+0.0191%	8h	61.470	+0.114%	$298K	$26K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0239%	1h	61.400	0.000%	$13K	$3K	20x	as long as short
Lighter DRAM	+0.0240%	1h	61.411	+0.018%	$1.1M	$1.2M	20x	as long as short