DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.017%

Price spread now: Entropy against ApeX Omni−0.097%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1341.342% of the position

Long on ApeX Omni Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.020%+$2 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.097%, 7d avg −0.019%

Together, before fees+0.051%+$5 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 Entropy is 0.077% cheaper against ApeX Omni than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni DRAMUSDT	61.130	0.0100	pay 0.0013% / 1h	31m 15s	$21K	$185K	50x
Short	Entropy io:DRAM	61.071	0.0050	get 0.0006% / 1h	31m 15s	$168K	$470K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy against ApeX Omni. 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 ApeX OmnibpFee EntropybpOrdersPrice spread, now −0.097%Rate

Funding earned: −$10.5
Price spread: −0.097% → −0.019%: −$7.73
Slippage, 4 orders: −$106.17
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$152.4
Costs to cover: 1.342%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 10 min ago; Entropy: live order book, 34 min ago.

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 ApeX Omni live order book, 10 min ago	26.98 bp	40.6 bp −$41	220.2 bp −$2,202	doesn't fit	doesn't fit
Sell Entropy live order book, 34 min ago	2.44 bp	26.3 bp −$26	doesn't fit	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
Bitget DRAMUSDT	−0.0577%	8h	61.160	+0.049%	$26.0M	$14.6M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.166	+0.060%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.164	+0.056%	$9.4M	$10.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.122	−0.013%	$423K	$358K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.190	+0.098%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.152	+0.036%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.130	0.000%	$626	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.060	−0.115%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.140	+0.016%	$1.7M	$1.3M	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0014%	8h	61.140	+0.016%	$5.4M	$5.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps DRAMUSD	+0.0029%	1h	61.115	−0.024%	$1K	$30K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.130	0.000%	$995K	$84K	10x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.080	−0.082%	$48K	$68K	10x	as long as short
edgeX DRAMUSDC	+0.0045%	4h	61.127	−0.004%	$148K	$299K	20x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.110	−0.033%	—	—	10x	as long as short
Entropy io:DRAMshort	+0.0050%	1h	61.071	−0.097%	$168K	$470K	25x
Polymarket Perps DRAM-USD	+0.0050%	1h	61.104	−0.043%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.120	−0.016%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.070	−0.098%	$1.0M	$3.5M	10x	as long as short
Variational Omni DRAM	+0.0055%	8h	61.064	−0.107%	$2.3M	$682K	—	as long as short
BloFin DRAM-USDT	+0.0067%	8h	61.110	−0.033%	$299K	$26K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0077%	1h	61.110	−0.033%	$79.1M	$35.9M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0092%	8h	61.091	−0.063%	—	—	5x	as long as short
Binance DRAMUSDT	+0.0094%	8h	61.140	+0.016%	$43.7M	$87.6M	50x	as long as short
MEXC DRAM_USDT	+0.0095%	8h	61.130	0.000%	$8.0M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0096%	1h	61.125	−0.008%	$74K	$189K	10x	as long as short
Pacifica DRAM	+0.0100%	1h	61.118	−0.020%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.100	−0.049%	$3.0M	$416K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	61.130	long leg	$21K	$185K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.130	0.000%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.133	+0.005%	$4K	—	10x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	−0.033%	$525K	$75K	20x	as long as short
Lighter DRAM	+0.0176%	1h	61.159	+0.047%	$1.1M	$1.2M	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0241%	1h	61.140	+0.016%	$13K	$3K	20x	as long as short