Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against SunX+0.194%7-day average +0.019% · you sell dearer than you buy

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

Long on SunX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.205%+$20 on $10k

Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.194%, 7d avg +0.019%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.175% dearer against SunX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	61.760	0	get 0.0000% / 8h	3h 18m	$586	$2.6M	10x
Short	ApeX Omni DRAMUSDT	61.880	0.0100	get 0.0013% / 1h	18m 37s	$22K	$184K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.194%Rate

Funding earned: $21
Price spread: +0.194% → +0.019%: $17.53
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $20.53
Costs to cover: 0.180%
Break-even: 0.2 days

Slippage unknown: SunX: live order book, 9 min ago; ApeX Omni: live order book, 32 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 SunX live order book, 9 min ago	46.02 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 32 min ago	22.53 bp	47.7 bp −$48	208.6 bp −$2,086	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	61.722	−0.062%	$434K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.760	0.000%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.194%	$36K	$187K	10x	as long as short
SunX DRAM-USDTlong	0.0000%	8h	61.760	long leg	$586	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.780	+0.032%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.780	+0.032%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.804	+0.072%	$1K	$32K	5x	as long as short
QFEX DRAM-USD	+0.0036%	1h	61.770	+0.016%	$1.0M	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.780	+0.032%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.750	−0.016%	—	—	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	61.757	−0.005%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.745	−0.024%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.770	+0.016%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.660	−0.162%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0059%	8h	61.740	−0.032%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.193%	$150K	$298K	20x	as long as short
Bybit DRAMUSDT	+0.0071%	8h	61.740	−0.032%	$9.6M	$9.8M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.740	−0.032%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.730	−0.049%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDTshort	+0.0100%	1h	61.880	+0.194%	$22K	$184K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.780	+0.032%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.771	+0.018%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	62.110	+0.567%	$533K	$75K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0108%	8h	61.730	−0.049%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	61.710	−0.081%	$80.3M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0145%	8h	61.735	−0.040%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0192%	1h	61.739	−0.034%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.201%	$2.4M	$739K	—	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0236%	1h	61.750	−0.016%	$13K	$3K	20x	as long as short
BloFin DRAM-USDT	+0.0242%	8h	61.780	+0.032%	$299K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0259%	8h	61.730	−0.049%	$44.3M	$81.6M	50x	as long as short
MEXC DRAM_USDT	+0.0260%	8h	61.710	−0.081%	$8.2M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0264%	1h	61.703	−0.092%	$75K	$239K	10x	as long as short
Gate DRAM_USDT	+0.0403%	8h	61.770	+0.016%	$8.1M	$3.6M	75x	as long as short