Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.083%

Price spread now: SunX against Arcus+0.048%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 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 0.048% dearer against Arcus than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus DRAM-USD	62.400	0.0040	pay 0.0005% / 1h	13m 56s	$49K	$77K	10x
Short	SunX DRAM-USDT	62.430	0	get 0.0000% / 8h	4h 13m	$910	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Arcus. 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 ArcusbpFee SunXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$8.46
Price spread: +0.048% → 0.000%: $4.81
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$16.15
Costs to cover: 0.125%
Break-even: never at this rate

Slippage unknown: Arcus: 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 Arcus no order-book sample	—	—	—	—	—
Sell SunX live order book, 3 min ago	45.64 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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
RISEx DRAM/USDC	0.0000%	1h	62.415	+0.024%	$442K	$501K	20x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	62.430	+0.048%	$910	$2.7M	10x
HTX DRAM-USDT	0.0000%	8h	62.400	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.440	+0.064%	$1.7M	$1.3M	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0010%	8h	62.460	+0.096%	$37K	$173K	10x	as long as short
Aftermath Perps DRAMUSD	+0.0020%	1h	62.395	−0.008%	$1K	$32K	5x	as long as short
Lighter DRAM	+0.0032%	1h	62.387	−0.021%	$1.0M	$1.1M	20x	as long as short
edgeX DRAMUSDC	+0.0035%	4h	62.426	+0.042%	$151K	$299K	20x	as long as short
Arcus DRAM-USDlong	+0.0040%	1h	62.400	long leg	$49K	$77K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	62.370	−0.048%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DRAM-USD	+0.0050%	1h	62.396	−0.006%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.397	−0.005%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.360	−0.064%	$1.1M	$2.3M	10x	as long as short
QFEX DRAM-USD	+0.0052%	1h	62.400	0.000%	$1.0M	$78K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0075%	1h	62.399	−0.002%	$81.7M	$35.4M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0080%	8h	62.385	−0.024%	—	—	5x	as long as short
Bitget DRAMUSDT	+0.0081%	8h	62.430	+0.048%	$26.2M	$13.4M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0099%	8h	62.440	+0.064%	$5.5M	$4.5M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	62.369	−0.050%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.400	0.000%	$3.0M	$394K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.080%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.420	+0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.412	+0.019%	$4K	—	10x	as long as short
Bybit DRAMUSDT	+0.0135%	8h	62.450	+0.080%	$9.7M	$9.7M	100x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.330	−0.112%	$535K	$75K	20x	as long as short
Entropy io:DRAM	+0.0152%	1h	62.397	−0.005%	$183K	$441K	25x	as long as short
Aster DRAMUSDT	+0.0251%	8h	62.417	+0.027%	$201K	$35K	20x	as long as short
Variational Omni DRAM	+0.0326%	8h	62.404	+0.007%	$2.4M	$747K	—	as long as short
Binance DRAMUSDT	+0.0367%	8h	62.430	+0.048%	$44.9M	$80.2M	50x	as long as short
Extended DRAM-USD	+0.0368%	1h	62.413	+0.021%	$76K	$622K	10x	as long as short
MEXC DRAM_USDT	+0.0369%	8h	62.420	+0.032%	$8.9M	$5.5M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.400	0.000%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0402%	8h	62.410	+0.016%	$302K	$26K	20x	as long as short
Gate DRAM_USDT	+0.0632%	8h	62.450	+0.080%	$8.2M	$3.5M	75x	as long as short