Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against SunX−0.096%7-day average −0.104% · you buy dearer than you sell

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

Long on SunX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.096%, 7d avg −0.104%

Together, before fees+0.145%+ Points / potential airdropOndo Perps: Active · farm board+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.104%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	62.410	0	get 0.0000% / 8h	7h 01m	$823	$3.0M	10x
Short	Ondo Perps DRAM-USD.P	62.350	0.0050	get 0.0006% / 1h	1m 08s	$1.2M	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 Ondo PerpsbpOrdersPrice spread, now −0.096%Rate

Funding earned: $10.58
Price spread: −0.096% → −0.104%: $0.74
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1.67
Costs to cover: 0.130%
Break-even: 8.1 days

Slippage unknown: SunX: live order book, 6 min ago; Ondo 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, 6 min ago	45.61 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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
SunX DRAM-USDTlong	0.0000%	8h	62.410	long leg	$823	$3.0M	10x
HTX DRAM-USDT	0.0000%	8h	62.400	−0.016%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.420	+0.016%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0023%	4h	62.427	+0.027%	$151K	$297K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0035%	1h	62.401	−0.014%	$1K	$34K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.380	−0.048%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.395	−0.024%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.413	+0.005%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Pshort	+0.0050%	1h	62.350	−0.096%	$1.2M	$1.9M	10x
Pacifica DRAM	+0.0100%	1h	62.369	−0.066%	$76K	$41K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DRAMUSDTM	+0.0100%	8h	62.400	−0.016%	$3.0M	$419K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.450	+0.064%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.450	+0.064%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.447	+0.060%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.403	−0.011%	$969K	$1.3M	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.390	−0.032%	$1.0M	$78K	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.390	−0.032%	$540K	$91K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0218%	1h	62.401	−0.014%	$82.2M	$37.6M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0238%	8h	62.406	−0.007%	—	—	5x	as long as short
OKX DRAM-USDT-SWAP	+0.0247%	8h	62.430	+0.032%	$5.5M	$4.6M	50x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0391%	1h	62.400	−0.016%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0456%	8h	62.470	+0.096%	$9.6M	$10.4M	100x	as long as short
Aster DRAMUSDT	+0.0510%	8h	62.397	−0.020%	$201K	$36K	20x	as long as short
Entropy io:DRAM	+0.0511%	1h	62.360	−0.080%	$254K	$449K	25x	as long as short
Bitget DRAMUSDT	+0.0587%	8h	62.420	+0.016%	$26.1M	$12.8M	20x	as long as short
Variational Omni DRAM	+0.0600%	8h	62.414	+0.007%	$2.4M	$751K	—	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.420	+0.016%	$51K	$82K	10x	as long as short
MEXC DRAM_USDT	+0.0636%	8h	62.410	0.000%	$9.7M	$6.7M	100x	as long as short
Binance DRAMUSDT	+0.0637%	8h	62.440	+0.048%	$45.0M	$81.8M	50x	as long as short
Extended DRAM-USD	+0.0640%	1h	62.404	−0.010%	$76K	$665K	10x	as long as short
Gate DRAM_USDT	+0.0835%	8h	62.450	+0.064%	$8.3M	$3.5M	75x	as long as short
BloFin DRAM-USDT	+0.0990%	8h	62.480	+0.112%	$300K	$26K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.400	−0.016%	$456K	$501K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.1102%	8h	62.497	+0.140%	$37K	$152K	10x	as long as short