Funding you earn now, next payment 02:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.014%
Price spread now: Extended against Bybit−0.101%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.101%, 7d avg −0.049%
=Together, before fees+0.109%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.052% cheaper against Bybit than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.049%). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.077% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% 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 | Bybit DRAMUSDT | 62.293 | 0.0348 | pay 0.0348% / 8h | 6h 24m | $9.6M | $10.1M | 100x |
| Short | Extended DRAM-USD | 62.230 | 0.0592 | get 0.0074% / 1h | 24m 03s | $75K | $669K | 10x |
Bybit DRAMUSDT
Extended DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $51.17
- Price spread: −0.101% → −0.049%
- −$5.15
- Slippage, 4 orders
- −$5.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $24.27
- Costs to cover
- 0.217%
- Break-even
- 3.7 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 44 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 Bybit live order book, 4 min ago | 0.80 bp | 7.6 bp −$8 | 13.2 bp −$132 | 125.7 bp −$12.6K | doesn't fit |
| Sell Extended live order book, 44 min ago | 0.40 bp | 3.2 bp −$3 | 6.4 bp −$64 | doesn't fit | doesn't fit |
DRAM on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 62.270 | −0.037% | $821 | $2.9M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.240 | −0.085% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.250 | −0.069% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0019% | 4h | 62.251 | −0.068% | $151K | $296K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0034% | 1h | 62.223 | −0.113% | $1K | $34K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.230 | −0.101% | $51K | $81K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.210 | −0.133% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0046% | 1h | 62.250 | −0.069% | $1.0M | $78K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.246 | −0.075% | $266K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 62.239 | −0.087% | $2K | $15K | 20x | as long as short |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Arcus DRAM-USD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.210 | −0.133% | $1.1M | $1.9M | 10x | as long as short |
| Entropy io:DRAM | +0.0056% | 1h | 62.196 | −0.156% | $253K | $430K | 25x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.213 | −0.128% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.240 | −0.085% | $3.0M | $404K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.190 | −0.165% | $22K | $184K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.260 | −0.053% | $9K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.263 | −0.048% | $4K | — | 10x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0152% | 1h | 62.130 | −0.262% | $534K | $93K | 20x | as long as short |
| Lighter DRAM | +0.0160% | 1h | 62.231 | −0.100% | $966K | $1.0M | 20x | as long as short |
| Paradex DRAM-USD-PERP | +0.0180% | 8h | 62.255 | −0.061% | — | — | 5x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0228% | 8h | 62.270 | −0.037% | $5.5M | $4.5M | 50x | as long as short |
| tradeXYZ xyz:DRAM | +0.0235% | 1h | 62.228 | −0.104% | $81.9M | $36.7M | 20x | as long as short |
| Bitget DRAMUSDT | +0.0279% | 8h | 62.250 | −0.069% | $26.0M | $12.9M | 20x | as long as short |
| Bybit DRAMUSDTlong | +0.0348% | 8h | 62.293 | long leg | $9.6M | $10.1M | 100x | |
| GRVT DRAM_USDT_Perp | +0.0427% | 8h | 62.258 | −0.057% | $37K | $154K | 10x | as long as short |
| Aster DRAMUSDT | +0.0468% | 8h | 62.254 | −0.062% | $200K | $36K | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0554% | 1h | 62.230 | −0.101% | $13K | $3K | 20x | as long as short |
| Variational Omni DRAM | +0.0556% | 8h | 62.285 | −0.013% | $2.4M | $756K | — | as long as short |
| Gate DRAM_USDT | +0.0568% | 8h | 62.290 | −0.005% | $8.2M | $3.5M | 75x | as long as short |
| Extended DRAM-USDshort | +0.0592% | 1h | 62.230 | −0.101% | $75K | $669K | 10x | |
| MEXC DRAM_USDT | +0.0593% | 8h | 62.240 | −0.085% | $9.7M | $5.9M | 100x | as long as short |
| Binance DRAMUSDT | +0.0593% | 8h | 62.250 | −0.069% | $44.7M | $82.0M | 50x | as long as short |
| RISEx DRAM/USDC | +0.0835% | 1h | 62.258 | −0.056% | $448K | $504K | 20x | as long as short |
Ondo Perps DRAM-USD.P
Entropy io:DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Paradex DRAM-USD-PERP
OKX DRAM-USDT-SWAP
tradeXYZ xyz:DRAM
Bitget DRAMUSDT
GRVT DRAM_USDT_Perp
Aster DRAMUSDT
Deribit DRAM_USDC-PERPETUAL
Variational Omni DRAM
Gate DRAM_USDT
MEXC DRAM_USDT
Binance DRAMUSDT
RISEx DRAM/USDC