Settings8H · net · $10k
Funding arb · Price arb /

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0053%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: SunX against QFEX+0.083%7-day average −0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.025%−$2 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.083%, 7d avg −0.007%
Together, before fees−0.124%−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.090% dearer against QFEX than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.007%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days. At the pace of the last 4 days (−0.025% in total) that is about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX DRAM-USD60.4300.0053pay 0.0007% / 1h37m 21s$984K$85K10x
ShortSunX DRAM-USDT60.4800get 0.0000% / 8h7h 37m$816$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against QFEX. 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

Funding earned
−$11.22
Price spread: +0.083% → −0.007%
$8.96
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20.27
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 38 min ago; SunX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 38 min ago3.29 bp8.3 bp −$88.3 bp −$8316.6 bp −$1,665doesn't fit
Sell SunX live order book, 10 min ago45.40 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DRAMUSDT−0.0649%8h60.500+0.116%$26.4M$15.1M20xas long as short
Aster DRAMUSDT0.0000%8h60.484+0.089%$194K$39K20xas long as short
Extended DRAM-USD0.0000%1h60.454+0.039%$76K$219K10xas long as short
Binance DRAMUSDT0.0000%8h60.470+0.066%$43.4M$89.8M50xas long as short
Bybit DRAMUSDT0.0000%8h60.486+0.093%$9.5M$10.4M100xas long as short
RISEx DRAM/USDC0.0000%1h60.476+0.076%$417K$342K20xas long as short
Gate DRAM_USDT0.0000%8h60.500+0.116%$7.9M$3.7M75xas long as short
MEXC DRAM_USDT0.0000%8h60.480+0.083%$8.4M$5.4M100xas long as short
Variational Omni DRAM0.0000%8h60.515+0.141%$2.3M$581Kas long as short
GRVT DRAM_USDT_Perp0.0000%8h60.520+0.149%$36K$209K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX DRAM-USDTshort0.0000%8h60.480+0.083%$816$2.5M10x
HTX DRAM-USDT0.0000%8h60.450+0.033%$27K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h60.460+0.050%$1.7M$1.3M10xas long as short
OKX DRAM-USDT-SWAP+0.0007%8h60.500+0.116%$5.4M$6.1M50xas long as short
BloFin DRAM-USDT+0.0022%8h60.510+0.132%$299K$25K20xas long as short
Aftermath Perps DRAMUSD+0.0039%1h60.475+0.074%$1K$29K5xas long as short
Arcus DRAM-USD+0.0040%1h60.460+0.050%$47K$66K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h60.4300.000%10xas long as short
Entropy io:DRAM+0.0050%1h60.473+0.071%$177K$477K25xas long as short
Polymarket Perps DRAM-USD+0.0050%1h60.404−0.043%$251K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h60.462+0.053%$2K$15K20xas long as short
Ondo Perps DRAM-USD.P+0.0050%1h60.450+0.033%$1.0M$3.5M10xas long as short
QFEX DRAM-USDlong+0.0053%1h60.430long leg$984K$85K10x
edgeX DRAMUSDC+0.0099%4h60.509+0.130%$147K$298K20xas long as short
Paradex DRAM-USD-PERP+0.0099%8h60.461+0.051%5xas long as short
Pacifica DRAM+0.0100%1h60.425−0.008%$72K$34K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h60.440+0.017%$2.9M$401K20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h60.500+0.116%$21K$183K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h60.480+0.083%$8K10xas long as short
Aevo DRAM-PERP+0.0104%1h60.462+0.053%$4K10xas long as short
tradeXYZ xyz:DRAM+0.0124%1h60.454+0.040%$78.3M$35.0M20xas long as short
Coinbase International DRAM-PERP-INTX+0.0248%1h60.470+0.066%$531K$87K20xas long as short
Lighter DRAM+0.0264%1h60.460+0.050%$1.1M$1.2M20xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0412%1h60.450+0.033%$12K$3K20xas long as short