Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.006%
Price spread now: Entropy against Aster−0.212%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 5 days (all we have)+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.212%, 7d avg −0.004%
=Together, before fees+0.242%+ Points / potential airdropAster: Stage 5 · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 0.208% cheaper against Aster than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of −0.004%). If the spread goes back, that is −$21 on $10k: about 14 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster DRAMUSDT | 60.254 | 0 | get 0.0000% / 8h | 7h 22m | $193K | $39K | 20x |
| Short | Entropy io:DRAM | 60.126 | 0.0050 | get 0.0006% / 1h | 22m 58s | $161K | $492K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Aster. 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
- $10.5
- Price spread: −0.212% → −0.004%
- −$20.82
- Slippage, 4 orders
- −$25.79
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$62.1
- Costs to cover
- 0.518%
- Break-even
- 48.4 days
Slippage from Aster: live order book, 9 min ago; Entropy: live order book, 22 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 Aster live order book, 9 min ago | 1.66 bp | 16.0 bp −$16 | 40.0 bp −$400 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 22 min ago | 1.73 bp | 17.9 bp −$18 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0562% | 8h | 60.250 | −0.006% | $26.3M | $15.2M | 20x | as long as short |
| Aster DRAMUSDTlong | 0.0000% | 8h | 60.254 | long leg | $193K | $39K | 20x | |
| Extended DRAM-USD | 0.0000% | 1h | 60.224 | −0.048% | $75K | $246K | 10x | as long as short |
| Binance DRAMUSDT | 0.0000% | 8h | 60.240 | −0.022% | $43.5M | $91.4M | 50x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.280 | +0.044% | $9.5M | $10.5M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.198 | −0.093% | $415K | $337K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.250 | −0.006% | $7.9M | $3.7M | 75x | as long as short |
| MEXC DRAM_USDT | 0.0000% | 8h | 60.230 | −0.039% | $8.3M | $5.4M | 100x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.103 | −0.249% | $2.2M | $687K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.150 | −0.173% | $36K | $210K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 60.240 | −0.023% | $790 | $2.5M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.230 | −0.039% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.240 | −0.023% | $1.7M | $1.3M | 10x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0013% | 8h | 60.260 | +0.011% | $5.3M | $6.1M | 50x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.220 | −0.056% | $47K | $67K | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0041% | 1h | 60.176 | −0.129% | $1K | $29K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.220 | −0.056% | — | — | 10x | as long as short |
| BloFin DRAM-USDT | +0.0047% | 8h | 60.250 | −0.006% | $301K | $26K | 20x | as long as short |
| Entropy io:DRAMshort | +0.0050% | 1h | 60.126 | −0.212% | $161K | $492K | 25x | |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.150 | −0.172% | $250K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.240 | −0.023% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.190 | −0.106% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.170 | −0.139% | $980K | $91K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0077% | 4h | 60.132 | −0.201% | $146K | $299K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.205 | −0.080% | $72K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.210 | −0.072% | $2.9M | $400K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.180 | −0.122% | $21K | $183K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.230 | −0.039% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.219 | −0.058% | $4K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0113% | 8h | 60.235 | −0.031% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0183% | 1h | 60.231 | −0.037% | $78.1M | $35.5M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0248% | 1h | 60.100 | −0.255% | $527K | $87K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0249% | 1h | 60.210 | −0.072% | $12K | $3K | 20x | as long as short |
| Lighter DRAM | +0.0288% | 1h | 60.247 | −0.011% | $1.1M | $1.2M | 20x | as long as short |
Aster DRAMUSDT
Bitget DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
MEXC DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
OKX DRAM-USDT-SWAP
Aftermath Perps DRAMUSD
BloFin DRAM-USDT
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Coinbase International DRAM-PERP-INTX
Deribit DRAM_USDC-PERPETUAL
Lighter DRAM