Funding you earn now, next payment 03:00 UTC+0.0112%/8h= +12.2% APRnext payment +$0.14 per $10,000 · paid last 24h −0.034%
Price spread now: Coinbase International against Arcus−0.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Coinbase International is 0.048% cheaper against Arcus than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 34 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus DRAM-USD | 62.360 | 0.0040 | pay 0.0005% / 1h | 46m 49s | $51K | $79K | 10x |
| Short | Coinbase International DRAM-PERP-INTX | 62.330 | 0.0152 | get 0.0019% / 1h | 46m 49s | $535K | $75K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Arcus. 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
- $23.46
- Price spread: −0.048% → 0.000%
- −$4.81
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $4.15
- Costs to cover
- 0.145%
- Break-even
- 5.8 days
Slippage unknown: Arcus: no order-book sample; Coinbase International: live order book, 11 min ago. 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 11 min ago | 2.40 bp | 8.2 bp −$8 | 13.1 bp −$131 | doesn't fit | doesn't fit |
Arcus: 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 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 | 62.392 | +0.051% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.390 | +0.048% | $1K | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.340 | −0.032% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.380 | +0.032% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0011% | 4h | 62.357 | −0.005% | $151K | $298K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0026% | 1h | 62.351 | −0.015% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.373 | +0.021% | $969K | $1.0M | 20x | as long as short |
| Arcus DRAM-USDlong | +0.0040% | 1h | 62.360 | long leg | $51K | $79K | 10x | |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.360 | 0.000% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.362 | +0.003% | $267K | $1.3M | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 62.372 | +0.019% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.300 | −0.096% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.380 | +0.032% | $1.0M | $78K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0071% | 1h | 62.380 | +0.032% | $13K | $3K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0099% | 8h | 62.398 | +0.061% | $37K | $165K | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.351 | −0.014% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.380 | +0.032% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.370 | +0.016% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.410 | +0.080% | $9K | — | 10x | as long as short |
| tradeXYZ xyz:DRAM | +0.0100% | 1h | 62.357 | −0.005% | $81.8M | $35.6M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0103% | 8h | 62.377 | +0.027% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.403 | +0.070% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0109% | 8h | 62.390 | +0.048% | $26.3M | $13.2M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0151% | 8h | 62.400 | +0.064% | $5.5M | $4.4M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTXshort | +0.0152% | 1h | 62.330 | −0.048% | $535K | $75K | 20x | |
| Entropy io:DRAM | +0.0182% | 1h | 62.364 | +0.006% | $238K | $417K | 25x | as long as short |
| Bybit DRAMUSDT | +0.0213% | 8h | 62.412 | +0.083% | $9.7M | $9.9M | 100x | as long as short |
| Aster DRAMUSDT | +0.0329% | 8h | 62.394 | +0.055% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0419% | 8h | 62.374 | +0.023% | $2.4M | $717K | — | as long as short |
| Binance DRAMUSDT | +0.0447% | 8h | 62.400 | +0.064% | $44.9M | $80.5M | 50x | as long as short |
| Extended DRAM-USD | +0.0448% | 1h | 62.374 | +0.022% | $75K | $636K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0450% | 8h | 62.390 | +0.048% | $9.2M | $5.4M | 100x | as long as short |
| Gate DRAM_USDT | +0.0607% | 8h | 62.420 | +0.096% | $8.2M | $3.5M | 75x | as long as short |
| BloFin DRAM-USDT | +0.0607% | 8h | 62.420 | +0.096% | $303K | $26K | 20x | as long as short |
Coinbase International DRAM-PERP-INTX
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Lighter DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
GRVT DRAM_USDT_Perp
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
tradeXYZ xyz:DRAM
Paradex DRAM-USD-PERP
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
Extended DRAM-USD
MEXC DRAM_USDT
Gate DRAM_USDT
BloFin DRAM-USDT