Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0512%/8h= −56.1% APRpaid last 24h −0.066%

Price spread now: SunX against Extended+0.012%7-day average +0.027% · you sell dearer than you buy

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

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.180%−$18 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.012%, 7d avg +0.027%

Together, before fees−0.227%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.180% in total (about -9.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DRAM-USD	62.203	0.0512	pay 0.0064% / 1h	28m 19s	$75K	$669K	10x
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 Extended. 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 ExtendedbpFee SunXbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$107.52
Price spread: +0.012% → +0.027%: −$1.46
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$121.98
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Extended: 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 Extended live order book, 35 min ago	0.48 bp	3.3 bp −$3	6.7 bp −$67	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	+0.018%	$441K	$506K	20x	as long as short
SunX DRAM-USDTshort	0.0000%	8h	62.210	+0.012%	$958	$2.8M	10x
HTX DRAM-USDT	0.0000%	8h	62.240	+0.060%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.260	+0.092%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	62.203	0.000%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.220	+0.028%	$51K	$81K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.190	−0.020%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.205	+0.004%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.216	+0.022%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.130	−0.117%	$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	−0.004%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0063%	1h	62.182	−0.033%	$251K	$422K	25x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0072%	1h	62.200	−0.004%	$13K	$3K	20x	as long as short
edgeX DRAMUSDC	+0.0073%	4h	62.261	+0.094%	$151K	$298K	20x	as long as short
Bitget DRAMUSDT	+0.0078%	8h	62.220	+0.028%	$26.2M	$13.2M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.210	+0.011%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.220	+0.028%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.210	+0.012%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.240	+0.060%	$9K	—	10x	as long as short
Lighter DRAM	+0.0104%	1h	62.192	−0.017%	$967K	$1.0M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.239	+0.059%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0134%	8h	62.198	−0.007%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0166%	8h	62.270	+0.108%	$37K	$157K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0178%	1h	62.202	−0.001%	$81.7M	$37.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.261%	$534K	$76K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0192%	8h	62.230	+0.044%	$5.5M	$4.4M	50x	as long as short
Bybit DRAMUSDT	+0.0268%	8h	62.250	+0.076%	$9.7M	$10.1M	100x	as long as short
Aster DRAMUSDT	+0.0394%	8h	62.240	+0.060%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0480%	8h	62.252	+0.080%	$2.4M	$715K	—	as long as short
Extended DRAM-USDlong	+0.0512%	1h	62.203	long leg	$75K	$669K	10x
MEXC DRAM_USDT	+0.0515%	8h	62.220	+0.028%	$9.2M	$5.6M	100x	as long as short
Binance DRAMUSDT	+0.0515%	8h	62.220	+0.028%	$44.7M	$81.7M	50x	as long as short
Gate DRAM_USDT	+0.0540%	8h	62.270	+0.108%	$8.1M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0774%	8h	62.250	+0.076%	$301K	$26K	20x	as long as short