Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against SunX−0.050%7-day average — · you buy dearer than you sell

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

Long on SunX Short on SoDEX

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

Funding pays, the price is against you. SoDEX is 0.050% cheaper against SunX than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DRAM-USDT	61.780	0	get 0.0000% / 8h	3h 17m	$727	$2.6M	10x
Short	SoDEX DRAM-USD	61.749	0.0050	get 0.0006% / 1h	17m 05s	$2K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.050%Rate

Funding earned: $10.5
Price spread: −0.050% → 0.000%: −$5.02
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$10.52
Costs to cover: 0.160%
Break-even: 14.0 days

Slippage unknown: SunX: live order book, 10 min ago; SoDEX: 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, 10 min ago	46.02 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	61.770	−0.016%	$435K	$500K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.840	+0.097%	$26.0M	$13.7M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.880	+0.162%	$36K	$187K	10x	as long as short
SunX DRAM-USDTlong	0.0000%	8h	61.780	long leg	$727	$2.6M	10x
HTX DRAM-USDT	0.0000%	8h	61.780	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.820	+0.065%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0023%	1h	61.772	−0.012%	$1K	$31K	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	61.760	−0.032%	$48K	$77K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.740	−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	61.752	−0.045%	$172K	$461K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.739	−0.066%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USDshort	+0.0050%	1h	61.749	−0.050%	$2K	$15K	20x
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.670	−0.178%	$1.1M	$2.4M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0056%	8h	61.810	+0.049%	$5.4M	$4.6M	50x	as long as short
edgeX DRAMUSDC	+0.0063%	4h	61.879	+0.160%	$150K	$298K	20x	as long as short
Bybit DRAMUSDT	+0.0072%	8h	61.818	+0.062%	$9.6M	$9.9M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.750	−0.049%	$74K	$47K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.730	−0.081%	$3.0M	$398K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.800	+0.032%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.760	−0.032%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.761	−0.031%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0104%	1h	61.720	−0.097%	$530K	$74K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0107%	8h	61.740	−0.065%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0131%	1h	61.766	−0.023%	$80.4M	$35.6M	20x	as long as short
Aster DRAMUSDT	+0.0168%	8h	61.780	0.000%	$199K	$35K	20x	as long as short
Lighter DRAM	+0.0200%	1h	61.815	+0.057%	$1.1M	$1.2M	20x	as long as short
Variational Omni DRAM	+0.0204%	8h	61.884	+0.169%	$2.4M	$739K	—	as long as short
BloFin DRAM-USDT	+0.0225%	8h	61.760	−0.032%	$300K	$26K	20x	as long as short
Binance DRAMUSDT	+0.0255%	8h	61.809	+0.048%	$44.3M	$81.6M	50x	as long as short
Extended DRAM-USD	+0.0256%	1h	61.749	−0.050%	$75K	$239K	10x	as long as short
MEXC DRAM_USDT	+0.0259%	8h	61.800	+0.032%	$8.2M	$5.6M	100x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0398%	1h	61.760	−0.032%	$13K	$3K	20x	as long as short
Gate DRAM_USDT	+0.0401%	8h	61.830	+0.081%	$8.1M	$3.6M	75x	as long as short