Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni−0.376%52s7-day average −0.125% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.376%, 7d avg −0.125%
=Together, before fees+0.162%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.251% cheaper against ApeX Omni than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.125%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni DRAMUSDT | 61.230 | 0.0100 | pay 0.0013% / 1h | 47m 43s | $21K | $186K | 50x |
| Short | Ondo Perps DRAM-USD.P | 61.000 | 0.0050 | get 0.0006% / 1h | 47m 43s | $1.1M | $3.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$10.42
- Price spread: −0.376% → −0.125%
- −$25.1
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$50.52
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 56 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 ApeX Omni live order book, 56 min ago | 26.89 bp | 40.4 bp −$40 | 215.1 bp −$2,151 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DRAMUSDT | 0.0000% | 8h | 61.137 | −0.152% | $9.5M | $11.2M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.107 | −0.201% | $459K | $368K | 20x | as long as short |
| Bitget DRAMUSDT | 0.0000% | 8h | 61.130 | −0.163% | $26.7M | $17.0M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.120 | −0.180% | $921 | $2.3M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.050 | −0.294% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.110 | −0.196% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0013% | 4h | 61.204 | −0.042% | $149K | $299K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0027% | 1h | 61.128 | −0.167% | $1K | $26K | 5x | as long as short |
| Gate DRAM_USDT | +0.0030% | 8h | 61.140 | −0.147% | $7.9M | $3.5M | 75x | as long as short |
| QFEX DRAM-USD | +0.0032% | 1h | 61.080 | −0.245% | $998K | $98K | 10x | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DRAM | +0.0032% | 1h | 61.150 | −0.131% | $1.1M | $1.4M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.050 | −0.294% | $59K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.060 | −0.278% | — | — | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.093 | −0.224% | $299K | $1.7M | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.060 | −0.278% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.086 | −0.235% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 61.000 | −0.376% | $1.1M | $3.7M | 10x | |
| Deribit DRAM_USDC-PERPETUAL | +0.0077% | 1h | 61.100 | −0.212% | $12K | $4K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.091 | −0.227% | $74K | $31K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.100 | −0.212% | $3.0M | $410K | 20x | as long as short |
| ApeX Omni DRAMUSDTlong | +0.0100% | 1h | 61.230 | long leg | $21K | $186K | 50x | |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.130 | −0.163% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0101% | 8h | 61.094 | −0.222% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.120 | −0.179% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0122% | 1h | 61.101 | −0.211% | $79.2M | $38.6M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0166% | 8h | 61.140 | −0.147% | $5.4M | $6.4M | 50x | as long as short |
| Aster DRAMUSDT | +0.0171% | 8h | 61.143 | −0.141% | $195K | $28K | 20x | as long as short |
| Variational Omni DRAM | +0.0214% | 8h | 61.209 | −0.035% | $2.2M | $686K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0216% | 1h | 61.140 | −0.147% | $536K | $91K | 20x | as long as short |
| Binance DRAMUSDT | +0.0262% | 8h | 61.130 | −0.163% | $44.2M | $98.8M | 50x | as long as short |
| Extended DRAM-USD | +0.0264% | 1h | 61.109 | −0.197% | $98K | $604K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0267% | 8h | 61.110 | −0.196% | $9.7M | $5.6M | 100x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0271% | 8h | 61.228 | −0.004% | $36K | $229K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0674% | 8h | 61.090 | −0.229% | $306K | $27K | 20x | as long as short |
ApeX Omni DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Bitget DRAMUSDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Gate DRAM_USDT
Lighter DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Pacifica DRAM
KuCoin DRAMUSDTM
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
OKX DRAM-USDT-SWAP
Aster DRAMUSDT
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
GRVT DRAM_USDT_Perp
BloFin DRAM-USDT