Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0184%/8h= −20.1% APRpaid last 24h −0.052%

Price spread now: SunX against Coinbase International+0.274%7-day average +0.156% · you sell dearer than you buy

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

Long on Coinbase International Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.359%−$36 on $10k

Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.274%, 7d avg +0.156%

Together, before fees−0.616%−$62 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.118% dearer against Coinbase International than usual: you sell high and buy low (spread +0.274% now, against its 7-day average of +0.156%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	62.040	0.0184	pay 0.0023% / 1h	28m 12s	$534K	$76K	20x
Short	SunX DRAM-USDT	62.210	0	get 0.0000% / 8h	5h 28m	$958	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Coinbase International. 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 Coinbase InternationalbpFee SunXbpOrdersPrice spread, now +0.274%Rate

Funding earned: −$38.64
Price spread: +0.274% → +0.156%: $11.76
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$44.88
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 35 min ago; SunX: live order book, 9 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 Coinbase International live order book, 35 min ago	4.82 bp	9.8 bp −$10	14.9 bp −$149	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	22.53 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	62.214	+0.280%	$441K	$506K	20x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	62.210	+0.274%	$958	$2.8M	10x
HTX DRAM-USDT	0.0000%	8h	62.210	+0.274%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.220	+0.290%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	62.203	+0.262%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.220	+0.290%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.190	+0.242%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.205	+0.266%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.216	+0.284%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.130	+0.145%	$1.2M	$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	62.200	+0.258%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0063%	1h	62.182	+0.229%	$251K	$422K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0072%	1h	62.200	+0.258%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	62.261	+0.356%	$151K	$298K	20x	as long as short
Bitget DRAMUSDT	+0.0078%	8h	62.230	+0.306%	$26.2M	$13.2M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.210	+0.273%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.220	+0.290%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.210	+0.274%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.240	+0.322%	$9K	—	10x	as long as short
Lighter DRAM	+0.0104%	1h	62.211	+0.276%	$967K	$1.0M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.239	+0.321%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0134%	8h	62.198	+0.255%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0166%	8h	62.270	+0.371%	$37K	$157K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0176%	1h	62.203	+0.263%	$81.7M	$37.2M	20x	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0184%	1h	62.040	long leg	$534K	$76K	20x
OKX DRAM-USDT-SWAP	+0.0192%	8h	62.230	+0.306%	$5.5M	$4.4M	50x	as long as short
Bybit DRAMUSDT	+0.0268%	8h	62.250	+0.338%	$9.7M	$10.1M	100x	as long as short
Aster DRAMUSDT	+0.0394%	8h	62.243	+0.328%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0480%	8h	62.252	+0.342%	$2.4M	$715K	—	as long as short
Extended DRAM-USD	+0.0512%	1h	62.203	+0.262%	$75K	$669K	10x	as long as short
MEXC DRAM_USDT	+0.0515%	8h	62.210	+0.274%	$9.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0515%	8h	62.220	+0.290%	$44.7M	$81.7M	50x	as long as short
Gate DRAM_USDT	+0.0540%	8h	62.260	+0.355%	$8.1M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0774%	8h	62.250	+0.338%	$301K	$26K	20x	as long as short