Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.024%

Price spread now: Aftermath Perps against SunX+0.026%54s7-day average — · you sell dearer than you buy

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

Long on SunX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.026% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	61.820	0	get 0.0000% / 8h	3h 22m	$869	$2.6M	10x
Short	Aftermath Perps DRAMUSD	61.836	0.0023	get 0.0003% / 1h	22m 25s	$1K	$32K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SunX. 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 SunXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.026%Rate

Funding earned: $4.85
Price spread: +0.026% → 0.000%: $2.56
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$9.59
Costs to cover: 0.170%
Break-even: 20.8 days

Slippage unknown: SunX: live order book, 5 min ago; Aftermath Perps: no order-book sample. 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 SunX live order book, 5 min ago	46.02 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	61.794	−0.043%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.890	+0.113%	$26.0M	$13.6M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.904	+0.135%	$36K	$187K	10x	as long as short
SunX DRAM-USDTlong	0.0000%	8h	61.820	long leg	$869	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.830	+0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.810	−0.016%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSDshort	+0.0023%	1h	61.836	+0.026%	$1K	$32K	5x
QFEX DRAM-USD	+0.0036%	1h	61.780	−0.065%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.830	+0.016%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.780	−0.065%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Entropy io:DRAM	+0.0050%	1h	61.817	−0.005%	$172K	$460K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.780	−0.065%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.815	−0.008%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.760	−0.097%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0061%	8h	61.870	+0.081%	$5.4M	$4.6M	50x	as long as short
Bybit DRAMUSDT	+0.0080%	8h	61.866	+0.074%	$9.6M	$9.8M	100x	as long as short
edgeX DRAMUSDC	+0.0080%	4h	61.939	+0.192%	$150K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	61.796	−0.039%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.800	−0.032%	$3.0M	$397K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.920	+0.162%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.850	+0.049%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.844	+0.038%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.469%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0109%	8h	61.786	−0.054%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0133%	1h	61.801	−0.031%	$80.5M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0151%	8h	61.830	+0.017%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0184%	1h	61.793	−0.044%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0217%	8h	61.874	+0.087%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0236%	1h	61.790	−0.049%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0252%	8h	61.850	+0.049%	$299K	$26K	20x	as long as short
Extended DRAM-USD	+0.0264%	1h	61.776	−0.072%	$75K	$395K	10x	as long as short
Binance DRAMUSDT	+0.0267%	8h	61.832	+0.019%	$44.4M	$81.3M	50x	as long as short
MEXC DRAM_USDT	+0.0268%	8h	61.820	0.000%	$8.2M	$5.6M	100x	as long as short
Gate DRAM_USDT	+0.0430%	8h	61.830	+0.016%	$8.1M	$3.5M	75x	as long as short