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

DRAM

RWAall DRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0079%/8h= −8.6% APRpaid last 24h −0.049%
Price spread now: SunX against tradeXYZ+0.008%52s7-day average +0.036% · 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 7 days−0.222%−$22 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.008%, 7d avg +0.036%
Together, before fees−0.210%+ Points / potential airdroptradeXYZ: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.028% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.036%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:DRAM62.4250.0079pay 0.0010% / 1h33m 27s$81.8M$35.4M20x
ShortSunX DRAM-USDT62.4300get 0.0000% / 8h4h 33m$861$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against tradeXYZ. 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
−$16.53
Price spread: +0.008% → +0.036%
−$2.82
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
−$45.35
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 6 min ago; SunX: live order book, 4 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 tradeXYZ live order book, 6 min ago0.24 bp10.2 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago45.65 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
RISEx DRAM/USDC0.0000%1h62.449+0.038%$442K$501K20xas long as short
SunX DRAM-USDTshort0.0000%8h62.430+0.008%$861$2.7M10x
HTX DRAM-USDT0.0000%8h62.390−0.056%$28K$3K20xas long as short
Phemex DRAMUSDT0.0000%8h62.450+0.040%$1.7M$1.3M10xas long as short
Aftermath Perps DRAMUSD+0.0022%1h62.403−0.036%$1K$32K5xas long as short
Lighter DRAM+0.0032%1h62.443+0.029%$970K$1.0M20xas long as short
Arcus DRAM-USD+0.0040%1h62.410−0.024%$49K$79K10xas long as short
Vest DRAM-USD-PERP+0.0046%1h62.410−0.024%10xas long as short
Polymarket Perps DRAM-USD+0.0050%1h62.417−0.013%$267K$1.3M10xas long as short
SoDEX DRAM-USD+0.0050%1h62.433+0.013%$2K$15K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps DRAM-USD.P+0.0050%1h62.380−0.072%$1.1M$2.2M10xas long as short
QFEX DRAM-USD+0.0052%1h62.440+0.024%$1.0M$78K10xas long as short
GRVT DRAM_USDT_Perp+0.0055%8h62.436+0.018%$37K$169K10xas long as short
edgeX DRAMUSDC+0.0073%4h62.426+0.001%$151K$298K20xas long as short
tradeXYZ xyz:DRAMlong+0.0079%1h62.425long leg$81.8M$35.4M20x
Paradex DRAM-USD-PERP+0.0090%8h62.445+0.032%5xas long as short
Pacifica DRAM+0.0100%1h62.448+0.037%$76K$44K10xas long as short
KuCoin DRAMUSDTM+0.0100%8h62.420−0.008%$3.0M$393K20xas long as short
Bitget DRAMUSDT+0.0100%8h62.450+0.040%$26.3M$13.2M20xas long as short
ApeX Omni DRAMUSDT+0.0100%1h62.440+0.024%$22K$186K50xas long as short
Orderly PERP_DRAM_USDC_mythos+0.0100%8h62.460+0.056%$9K10xas long as short
Aevo DRAM-PERP+0.0104%1h62.453+0.045%$4K10xas long as short
OKX DRAM-USDT-SWAP+0.0129%8h62.430+0.008%$5.5M$4.5M50xas long as short
Coinbase International DRAM-PERP-INTX+0.0152%1h62.330−0.152%$535K$75K20xas long as short
Entropy io:DRAM+0.0171%1h62.410−0.024%$183K$446K25xas long as short
Bybit DRAMUSDT+0.0183%8h62.478+0.085%$9.7M$9.7M100xas long as short
Deribit DRAM_USDC-PERPETUAL+0.0231%1h62.440+0.024%$13K$3K20xas long as short
Aster DRAMUSDT+0.0297%8h62.454+0.046%$201K$35K20xas long as short
Variational Omni DRAM+0.0380%8h62.424−0.001%$2.4M$753Kas long as short
Binance DRAMUSDT+0.0414%8h62.450+0.040%$45.0M$80.2M50xas long as short
Extended DRAM-USD+0.0416%1h62.434+0.015%$75K$621K10xas long as short
MEXC DRAM_USDT+0.0416%8h62.440+0.024%$9.2M$5.4M100xas long as short
BloFin DRAM-USDT+0.0538%8h62.430+0.008%$302K$26K20xas long as short
Gate DRAM_USDT+0.0625%8h62.480+0.088%$8.2M$3.5M75xas long as short