Funding you earn now, next payment 08:00 UTC−0.0345%/8h= −37.7% APRnext payment −$3.45 per $10,000 · paid last 24h −0.041%
Price spread now: Orderly against Binance+0.016%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 49 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 | Binance DRAMUSDT | 62.400 | 0.0445 | pay 0.0445% / 8h | 4h 46m | $44.9M | $80.5M | 50x |
| Short | Orderly PERP_DRAM_USDC_mythos | 62.410 | 0.0100 | get 0.0100% / 8h | 4h 46m | $9K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$72.37
- Price spread: +0.016% → 0.000%
- $1.6
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$86.77
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Orderly: no order-book sample. 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 Binance live order book, 11 min ago | 0.80 bp | 5.8 bp −$6 | 7.8 bp −$78 | 27.3 bp −$2,733 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 62.404 | +0.006% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.390 | −0.016% | $1K | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.340 | −0.096% | $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 | −0.069% | $151K | $298K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0026% | 1h | 62.351 | −0.079% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.386 | −0.022% | $969K | $1.0M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.360 | −0.064% | $51K | $79K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.360 | −0.064% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.375 | −0.040% | $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 | −0.045% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.300 | −0.160% | $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 | −0.003% | $37K | $165K | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.353 | −0.075% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.370 | −0.048% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.370 | −0.048% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythosshort | +0.0100% | 8h | 62.410 | +0.016% | $9K | — | 10x | |
| Paradex DRAM-USD-PERP | +0.0102% | 8h | 62.387 | −0.021% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0103% | 1h | 62.359 | −0.066% | $81.8M | $35.6M | 20x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.403 | +0.005% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0107% | 8h | 62.400 | 0.000% | $26.3M | $13.2M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0151% | 8h | 62.410 | +0.016% | $5.5M | $4.4M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | −0.112% | $535K | $75K | 20x | as long as short |
| Entropy io:DRAM | +0.0172% | 1h | 62.367 | −0.053% | $238K | $417K | 25x | as long as short |
| Bybit DRAMUSDT | +0.0212% | 8h | 62.427 | +0.043% | $9.7M | $9.9M | 100x | as long as short |
| Aster DRAMUSDT | +0.0326% | 8h | 62.401 | +0.002% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0419% | 8h | 62.374 | −0.042% | $2.4M | $717K | — | as long as short |
| Binance DRAMUSDTlong | +0.0445% | 8h | 62.400 | long leg | $44.9M | $80.5M | 50x | |
| MEXC DRAM_USDT | +0.0447% | 8h | 62.390 | −0.016% | $9.2M | $5.4M | 100x | as long as short |
| Extended DRAM-USD | +0.0448% | 1h | 62.387 | −0.020% | $75K | $636K | 10x | as long as short |
| BloFin DRAM-USDT | +0.0607% | 8h | 62.420 | +0.032% | $303K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0608% | 8h | 62.420 | +0.032% | $8.2M | $3.5M | 75x | as long as short |
Binance DRAMUSDT
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
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Coinbase International DRAM-PERP-INTX
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
MEXC DRAM_USDT
Extended DRAM-USD
BloFin DRAM-USDT
Gate DRAM_USDT