DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%

Price spread now: tradeXYZ against ApeX Omni−0.096%45s7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as 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−$1051.048% of the position

Long on ApeX Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.096%, 7d avg −0.056%

Together, before fees+0.008%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.040% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.056%). If the spread goes back, that is −$4 on $10k: about 43 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.016% in total) that is about 18 days. The two prices were read 45 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	62.440	0.0100	pay 0.0013% / 1h	2m 44s	$22K	$186K	50x
Short	tradeXYZ xyz:DRAM	62.380	0.0174	get 0.0022% / 1h	2m 44s	$81.9M	$36.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.096%Rate

Funding earned: $15.53
Price spread: −0.096% → −0.056%: −$4.01
Slippage, 4 orders: −$76.82
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$93.3
Costs to cover: 1.048%
Break-even: 49.1 days

Slippage from ApeX Omni: live order book, 58 min ago; tradeXYZ: live order book, 7 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, 58 min ago	30.54 bp	42.4 bp −$42	198.7 bp −$1,987	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.56 bp	9.7 bp −$10	11.9 bp −$119	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	62.377	−0.100%	$443K	$501K	20x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.390	−0.080%	$659	$2.7M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.370	−0.112%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.410	−0.048%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0027%	1h	62.355	−0.136%	$1K	$33K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.360	−0.128%	$51K	$80K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.350	−0.144%	—	—	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.363	−0.123%	$267K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.391	−0.078%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.330	−0.176%	$1.1M	$2.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0055%	1h	62.360	−0.128%	$1.0M	$78K	10x	as long as short
edgeX DRAMUSDC	+0.0060%	4h	62.403	−0.059%	$151K	$298K	20x	as long as short
Entropy io:DRAM	+0.0094%	1h	62.357	−0.133%	$246K	$413K	25x	as long as short
Lighter DRAM	+0.0096%	1h	62.385	−0.088%	$969K	$1.0M	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.357	−0.132%	$76K	$44K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.380	−0.096%	$3.0M	$389K	20x	as long as short
ApeX Omni DRAMUSDTlong	+0.0100%	1h	62.440	long leg	$22K	$186K	50x
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.410	−0.048%	$9K	—	10x	as long as short
Bitget DRAMUSDT	+0.0104%	8h	62.420	−0.032%	$26.3M	$13.2M	20x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.405	−0.056%	$4K	—	10x	as long as short
Paradex DRAM-USD-PERP	+0.0117%	8h	62.388	−0.084%	—	—	5x	as long as short
GRVT DRAM_USDT_Perp	+0.0127%	8h	62.412	−0.045%	$37K	$163K	10x	as long as short
OKX DRAM-USDT-SWAP	+0.0167%	8h	62.410	−0.048%	$5.5M	$4.4M	50x	as long as short
tradeXYZ xyz:DRAMshort	+0.0174%	1h	62.380	−0.096%	$81.9M	$36.0M	20x
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	62.040	−0.641%	$534K	$74K	20x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0231%	1h	62.390	−0.080%	$13K	$3K	20x	as long as short
Bybit DRAMUSDT	+0.0243%	8h	62.430	−0.016%	$9.7M	$10.0M	100x	as long as short
Aster DRAMUSDT	+0.0359%	8h	62.433	−0.012%	$201K	$36K	20x	as long as short
Variational Omni DRAM	+0.0441%	8h	62.393	−0.076%	$2.4M	$717K	—	as long as short
Binance DRAMUSDT	+0.0475%	8h	62.390	−0.080%	$44.9M	$80.8M	50x	as long as short
MEXC DRAM_USDT	+0.0476%	8h	62.400	−0.064%	$9.3M	$5.6M	100x	as long as short
Extended DRAM-USD	+0.0480%	1h	62.380	−0.096%	$76K	$637K	10x	as long as short
Gate DRAM_USDT	+0.0573%	8h	62.440	0.000%	$8.2M	$3.6M	75x	as long as short
BloFin DRAM-USDT	+0.0684%	8h	62.400	−0.064%	$302K	$26K	20x	as long as short