Funding you earn now, next payment 05:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.034%
Price spread now: Extended against ApeX Omni−0.192%72s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$840.842% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.192%, 7d avg −0.046%
=Together, before fees+0.118%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.146% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.192% now, against its 7-day average of −0.046%). If the spread goes back, that is −$15 on $10k: about 2.2 days of funding at the current rate (+$7 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni DRAMUSDT | 62.260 | 0.0100 | pay 0.0013% / 1h | 52m 16s | $22K | $184K | 50x |
| Short | Extended DRAM-USD | 62.140 | 0.0320 | get 0.0040% / 1h | 52m 16s | $76K | $622K | 10x |
ApeX Omni DRAMUSDT
Extended DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $46.2
- Price spread: −0.192% → −0.046%
- −$14.63
- Slippage, 4 orders
- −$69.16
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$52.59
- Costs to cover
- 0.842%
- Break-even
- 15.0 days
Slippage from ApeX Omni: live order book, 64 min ago; Extended: live order book, just now.
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, 64 min ago | 26.42 bp | 39.3 bp −$39 | 196.4 bp −$1,964 | doesn't fit | doesn't fit |
| Sell Extended live order book, just now | 0.48 bp | 3.3 bp −$3 | 6.4 bp −$64 | 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 | 62.170 | −0.145% | $438K | $502K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 62.160 | −0.161% | $26.1M | $13.4M | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 62.241 | −0.031% | $36K | $178K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.170 | −0.145% | $1K | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.190 | −0.112% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.150 | −0.177% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0011% | 4h | 62.186 | −0.119% | $151K | $297K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0020% | 1h | 62.182 | −0.124% | $1K | $32K | 5x | as long as short |
| QFEX DRAM-USD | +0.0036% | 1h | 62.160 | −0.161% | $1.0M | $78K | 10x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.180 | −0.128% | $48K | $77K | 10x | as long as short |
RISEx DRAM/USDC
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
QFEX DRAM-USD
Arcus DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.140 | −0.193% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.144 | −0.186% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.153 | −0.172% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.180 | −0.128% | $1.1M | $2.3M | 10x | as long as short |
| Entropy io:DRAM | +0.0052% | 1h | 62.184 | −0.122% | $160K | $451K | 25x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0074% | 8h | 62.140 | −0.193% | $5.4M | $4.5M | 50x | as long as short |
| Paradex DRAM-USD-PERP | +0.0078% | 8h | 62.154 | −0.171% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.179 | −0.129% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.130 | −0.209% | $3.0M | $394K | 20x | as long as short |
| ApeX Omni DRAMUSDTlong | +0.0100% | 1h | 62.260 | long leg | $22K | $184K | 50x | |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.170 | −0.145% | $9K | — | 10x | as long as short |
| Lighter DRAM | +0.0104% | 1h | 62.158 | −0.164% | $1.0M | $1.1M | 20x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.163 | −0.157% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0104% | 1h | 62.110 | −0.241% | $533K | $75K | 20x | as long as short |
| Bybit DRAMUSDT | +0.0111% | 8h | 62.190 | −0.112% | $9.7M | $9.7M | 100x | as long as short |
| tradeXYZ xyz:DRAM | +0.0147% | 1h | 62.146 | −0.183% | $81.4M | $35.4M | 20x | as long as short |
| Aster DRAMUSDT | +0.0202% | 8h | 62.161 | −0.159% | $200K | $35K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0233% | 1h | 62.150 | −0.177% | $13K | $3K | 20x | as long as short |
| Variational Omni DRAM | +0.0276% | 8h | 62.194 | −0.106% | $2.4M | $748K | — | as long as short |
| BloFin DRAM-USDT | +0.0298% | 8h | 62.180 | −0.128% | $301K | $26K | 20x | as long as short |
| Binance DRAMUSDT | +0.0317% | 8h | 62.156 | −0.167% | $44.6M | $80.2M | 50x | as long as short |
| Extended DRAM-USDshort | +0.0320% | 1h | 62.140 | −0.192% | $76K | $622K | 10x | |
| MEXC DRAM_USDT | +0.0320% | 8h | 62.150 | −0.177% | $8.2M | $5.5M | 100x | as long as short |
| Gate DRAM_USDT | +0.0591% | 8h | 62.190 | −0.112% | $8.1M | $3.5M | 75x | as long as short |
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
Entropy io:DRAM
OKX DRAM-USDT-SWAP
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
Orderly PERP_DRAM_USDC_mythos
Lighter DRAM
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
Bybit DRAMUSDT
tradeXYZ xyz:DRAM
Aster DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Variational Omni DRAM
BloFin DRAM-USDT
Binance DRAMUSDT
MEXC DRAM_USDT
Gate DRAM_USDT