DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0446%/8h= −48.8% APRnext payment −$0.56 per $10,000 · paid last 24h −0.053%

Price spread now: QFEX against Arcus+0.161%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. QFEX is 0.161% dearer against Arcus than usual: you sell high and buy low (spread +0.161% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus DRAM-USD	62.010	0.0606	pay 0.0076% / 1h	56m 44s	$50K	$86K	10x
Short	QFEX DRAM-USD	62.110	0.0160	get 0.0020% / 1h	56m 44s	$1.0M	$79K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Arcus. 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 ArcusbpFee QFEXbpOrdersPrice spread, now +0.161%Rate

Funding earned: −$93.61
Price spread: +0.161% → 0.000%: $16.13
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$91.99
Costs to cover: 0.145%
Break-even: from the start

Slippage unknown: Arcus: no order-book sample; QFEX: live order book, 3 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 QFEX live order book, 3 min ago	1.61 bp	6.6 bp −$7	6.6 bp −$66	14.3 bp −$1,432	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
Gate DRAM_USDT	0.0000%	8h	62.140	+0.210%	$8.3M	$3.3M	75x	as long as short
SunX DRAM-USDT	0.0000%	8h	62.110	+0.161%	$781	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.010	0.000%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.110	+0.161%	$1.8M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0040%	1h	62.020	+0.015%	$1K	$36K	5x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.990	−0.032%	—	$797	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.041	+0.050%	$265K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.070	+0.097%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.980	−0.048%	$1.2M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0058%	4h	62.000	−0.016%	$150K	$294K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica DRAM	+0.0100%	1h	62.011	+0.002%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.080	+0.113%	$3.0M	$462K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.060	+0.081%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.070	+0.097%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.087	+0.124%	$4K	—	10x	as long as short
QFEX DRAM-USDshort	+0.0160%	1h	62.110	+0.161%	$1.0M	$79K	10x
Lighter DRAM	+0.0176%	1h	62.096	+0.139%	$976K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.145%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0187%	8h	62.150	+0.226%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0196%	8h	62.120	+0.177%	$26.3M	$12.9M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0215%	8h	62.047	+0.060%	—	—	5x	as long as short
Entropy io:DRAM	+0.0283%	1h	61.998	−0.019%	$253K	$495K	25x	as long as short
GRVT DRAM_USDT_Perp	+0.0311%	8h	62.072	+0.101%	$37K	$170K	10x	as long as short
Bybit DRAMUSDT	+0.0318%	8h	62.216	+0.332%	$9.5M	$10.5M	100x	as long as short
Aster DRAMUSDT	+0.0318%	8h	62.092	+0.132%	$200K	$36K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0341%	1h	62.066	+0.090%	$81.3M	$41.2M	20x	as long as short
Variational Omni DRAM	+0.0411%	8h	62.047	+0.059%	$2.4M	$948K	—	as long as short
MEXC DRAM_USDT	+0.0452%	8h	62.140	+0.210%	$10.5M	$6.6M	100x	as long as short
Binance DRAMUSDT	+0.0453%	8h	62.161	+0.244%	$44.2M	$82.8M	50x	as long as short
Extended DRAM-USD	+0.0456%	1h	62.126	+0.188%	$75K	$767K	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0556%	1h	62.100	+0.145%	$13K	$9K	20x	as long as short
Arcus DRAM-USDlong	+0.0606%	1h	62.010	long leg	$50K	$86K	10x
BloFin DRAM-USDT	+0.0745%	8h	62.090	+0.129%	$295K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.101	+0.147%	$457K	$475K	20x	as long as short