Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.4% APRnext payment −$1.32 per $10,000 · paid last 24h −0.021%
Price spread now: Aster against Binance+0.067%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$370.365% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 2 days (all we have)−0.021%−$2 · spread now +0.067%, 7d avg −0.027%
=Together, before fees−0.090%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.093% dearer against Binance than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.027%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.069% in total) that is about 9.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DRAMUSDT | 61.670 | 0.0222 | pay 0.0222% / 8h | 1h 52m | $43.7M | $82.7M | 50x |
| Short | Aster DRAMUSDT | 61.711 | 0.0091 | get 0.0091% / 8h | 1h 52m | $198K | $36K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$27.65
- Price spread: +0.067% → −0.027%
- $9.33
- Slippage, 4 orders
- −$18.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$54.86
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Aster: live order book, 29 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 Binance live order book, 5 min ago | 0.81 bp | 5.8 bp −$6 | 10.2 bp −$102 | 40.9 bp −$4,093 | doesn't fit |
| Sell Aster live order book, 29 min ago | 4.06 bp | 9.6 bp −$10 | 13.2 bp −$132 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DRAM_USDT | 0.0000% | 8h | 61.690 | +0.032% | $8.2M | $3.5M | 75x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.690 | +0.032% | $675 | $3.3M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.640 | −0.049% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.680 | +0.016% | $1.8M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 61.640 | −0.048% | $1K | $36K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.630 | −0.065% | — | $797 | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 61.666 | −0.006% | $253K | $503K | 25x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.669 | −0.002% | $204K | $1.2M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.685 | +0.024% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 61.610 | −0.097% | $1.2M | $1.7M | 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 | +0.0052% | 1h | 61.690 | +0.032% | $1.0M | $77K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0074% | 4h | 61.669 | −0.002% | $153K | $288K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0078% | 8h | 61.700 | +0.049% | $5.4M | $4.6M | 50x | as long as short |
| Aster DRAMUSDTshort | +0.0091% | 8h | 61.711 | +0.067% | $198K | $36K | 20x | |
| Bitget DRAMUSDT | +0.0092% | 8h | 61.660 | −0.016% | $26.0M | $12.5M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.685 | +0.024% | $75K | $40K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.660 | −0.016% | $3.0M | $478K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.680 | +0.016% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.700 | +0.049% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.704 | +0.054% | $4K | — | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0138% | 8h | 61.670 | 0.000% | $36K | $189K | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0151% | 8h | 61.689 | +0.030% | — | — | 5x | as long as short |
| Bybit DRAMUSDT | +0.0158% | 8h | 61.738 | +0.110% | $9.2M | $10.3M | 100x | as long as short |
| Variational Omni DRAM | +0.0167% | 8h | 61.660 | −0.017% | $2.4M | $969K | — | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0208% | 1h | 61.580 | −0.146% | $510K | $44K | 20x | as long as short |
| MEXC DRAM_USDT | +0.0220% | 8h | 61.670 | 0.000% | $11.1M | $6.4M | 100x | as long as short |
| Binance DRAMUSDTlong | +0.0222% | 8h | 61.670 | long leg | $43.7M | $82.7M | 50x | |
| Extended DRAM-USD | +0.0224% | 1h | 61.660 | −0.016% | $102K | $741K | 10x | as long as short |
| RISEx DRAM/USDC | +0.0257% | 1h | 61.690 | +0.032% | $479K | $442K | 20x | as long as short |
| BloFin DRAM-USDT | +0.0307% | 8h | 61.710 | +0.065% | $296K | $27K | 20x | as long as short |
| Lighter DRAM | +0.0352% | 1h | 61.681 | +0.018% | $992K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0383% | 1h | 61.672 | +0.003% | $79.2M | $39.8M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0561% | 1h | 61.690 | +0.032% | $13K | $9K | 20x | as long as short |
| Arcus DRAM-USD | +0.0649% | 1h | 61.680 | +0.016% | $50K | $93K | 10x | as long as short |
Binance DRAMUSDT
Aster DRAMUSDT
Gate DRAM_USDT
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
edgeX DRAMUSDC
OKX DRAM-USDT-SWAP
Bitget DRAMUSDT
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
GRVT DRAM_USDT_Perp
Paradex DRAM-USD-PERP
Bybit DRAMUSDT
Variational Omni DRAM
Coinbase International DRAM-PERP-INTX
MEXC DRAM_USDT
Extended DRAM-USD
RISEx DRAM/USDC
BloFin DRAM-USDT
Lighter DRAM
tradeXYZ xyz:DRAM
Deribit DRAM_USDC-PERPETUAL