Funding you earn now, next payment 04:00 UTC+0.0315%/8h= +34.5% APRpaid last 24h +0.046%
Price spread now: Extended against Bitget−0.072%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.072%, 7d avg −0.047%
=Together, before fees+0.094%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.025% cheaper against Bitget than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.047%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.073% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DRAMUSDT | 62.290 | 0.0029 | pay 0.0029% / 8h | 4h 01m | $26.2M | $13.4M | 20x |
| Short | Extended DRAM-USD | 62.245 | 0.0344 | get 0.0043% / 1h | 1m 48s | $76K | $622K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- $66.15
- Price spread: −0.072% → −0.047%
- −$2.53
- Slippage, 4 orders
- −$5.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $41.4
- Costs to cover
- 0.222%
- Break-even
- 2.6 days
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 56 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 Bitget live order book, 2 min ago | 0.80 bp | 7.6 bp −$8 | 12.0 bp −$120 | 26.3 bp −$2,626 | 68.4 bp −$34.2K |
| Sell Extended live order book, 56 min ago | 0.48 bp | 3.3 bp −$3 | 6.3 bp −$63 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx DRAM/USDC | 0.0000% | 1h | 62.257 | −0.052% | $439K | $502K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 62.406 | +0.186% | $37K | $176K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.290 | 0.000% | $927 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.230 | −0.096% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.280 | −0.016% | $1.7M | $1.3M | 10x | as long as short |
| Aftermath Perps DRAMUSD | +0.0020% | 1h | 62.327 | +0.060% | $1K | $32K | 5x | as long as short |
| Bitget DRAMUSDTlong | +0.0029% | 8h | 62.290 | long leg | $26.2M | $13.4M | 20x | |
| Lighter DRAM | +0.0032% | 1h | 62.259 | −0.050% | $1.0M | $1.1M | 20x | as long as short |
| edgeX DRAMUSDC | +0.0032% | 4h | 62.367 | +0.124% | $151K | $298K | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.310 | +0.032% | $49K | $77K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.250 | −0.064% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.230 | −0.096% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.260 | −0.048% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.280 | −0.016% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.240 | −0.080% | $1.0M | $78K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0071% | 1h | 62.250 | −0.064% | $13K | $3K | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0079% | 8h | 62.270 | −0.032% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0084% | 8h | 62.310 | +0.032% | $5.5M | $4.5M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0092% | 1h | 62.260 | −0.048% | $81.6M | $35.4M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.264 | −0.042% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.240 | −0.080% | $3.0M | $394K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.310 | +0.032% | $22K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.270 | −0.032% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.266 | −0.039% | $4K | — | 10x | as long as short |
| Bybit DRAMUSDT | +0.0116% | 8h | 62.300 | +0.016% | $9.7M | $9.7M | 100x | as long as short |
| Entropy io:DRAM | +0.0143% | 1h | 62.288 | −0.003% | $177K | $443K | 25x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.330 | +0.064% | $535K | $75K | 20x | as long as short |
| Aster DRAMUSDT | +0.0225% | 8h | 62.266 | −0.038% | $200K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0302% | 8h | 62.364 | +0.119% | $2.4M | $747K | — | as long as short |
| Binance DRAMUSDT | +0.0342% | 8h | 62.278 | −0.019% | $44.8M | $80.1M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0343% | 8h | 62.260 | −0.048% | $8.9M | $5.5M | 100x | as long as short |
| Extended DRAM-USDshort | +0.0344% | 1h | 62.245 | −0.072% | $76K | $622K | 10x | |
| BloFin DRAM-USDT | +0.0356% | 8h | 62.350 | +0.096% | $302K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0625% | 8h | 62.290 | 0.000% | $8.2M | $3.5M | 75x | as long as short |
Bitget DRAMUSDT
Extended DRAM-USD
RISEx DRAM/USDC
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Aftermath Perps DRAMUSD
Lighter DRAM
edgeX DRAMUSDC
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Bybit DRAMUSDT
Coinbase International DRAM-PERP-INTX
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
BloFin DRAM-USDT
Gate DRAM_USDT