Funding you earn now, next payment 06:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h −0.035%
Price spread now: Ondo Perps against Bybit−0.228%57s7-day average −0.118% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days+0.178%+$18 · spread now −0.228%, 7d avg −0.118%
=Together, before fees+0.197%+ Points / potential airdropOndo Perps: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.111% cheaper against Bybit than usual: you would sell low and buy high (spread −0.228% now, against its 7-day average of −0.118%). If the spread goes back, that is −$11 on $10k: about 9.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.019% in total) that is about 41 days. The two prices were read 57 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 | Bybit DRAMUSDT | 61.340 | 0.0012 | pay 0.0012% / 8h | 2h 12m | $9.4M | $10.2M | 100x |
| Short | Ondo Perps DRAM-USD.P | 61.200 | 0.0050 | get 0.0006% / 1h | 12m 47s | $1.1M | $3.3M | 10x |
Bybit DRAMUSDT
Ondo Perps DRAM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $8.01
- Price spread: −0.228% → −0.118%
- −$11.07
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$19.06
- Costs to cover
- 0.160%
- Break-even
- 23.7 days
Slippage unknown: Bybit: live order book, 5 min ago; Ondo Perps: 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 Bybit live order book, 5 min ago | 0.82 bp | 7.6 bp −$8 | 12.0 bp −$120 | 121.0 bp −$12.1K | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DRAMUSDT | −0.0525% | 8h | 61.290 | −0.082% | $25.9M | $14.2M | 20x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 61.270 | −0.114% | $424K | $507K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 61.142 | −0.323% | $36K | $196K | 10x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 61.240 | −0.163% | $777 | $2.6M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 61.140 | −0.326% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 61.240 | −0.163% | $1.7M | $1.3M | 10x | as long as short |
| Gate DRAM_USDT | +0.0011% | 8h | 61.340 | 0.000% | $8.0M | $3.7M | 75x | as long as short |
| Bybit DRAMUSDTlong | +0.0012% | 8h | 61.340 | long leg | $9.4M | $10.2M | 100x | |
| Aftermath Perps DRAMUSD | +0.0027% | 1h | 61.187 | −0.249% | $1K | $31K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 61.170 | −0.277% | $48K | $69K | 10x | as long as short |
Bitget DRAMUSDT
RISEx DRAM/USDC
GRVT DRAM_USDT_Perp
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
Gate DRAM_USDT
Aftermath Perps DRAMUSD
Arcus DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DRAM-USDT-SWAP | +0.0043% | 8h | 61.330 | −0.016% | $5.4M | $5.6M | 50x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 61.210 | −0.212% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0050% | 1h | 61.260 | −0.130% | $997K | $84K | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 61.229 | −0.181% | $254K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 61.245 | −0.155% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.Pshort | +0.0050% | 1h | 61.200 | −0.228% | $1.1M | $3.3M | 10x | |
| Aster DRAMUSDT | +0.0064% | 8h | 61.287 | −0.087% | $197K | $35K | 20x | as long as short |
| Entropy io:DRAM | +0.0084% | 1h | 61.174 | −0.271% | $169K | $470K | 25x | as long as short |
| edgeX DRAMUSDC | +0.0096% | 4h | 61.124 | −0.352% | $148K | $299K | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 61.237 | −0.168% | $73K | $49K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 61.220 | −0.196% | $3.0M | $409K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 61.120 | −0.359% | $21K | $185K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 61.240 | −0.163% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 61.235 | −0.172% | $4K | — | 10x | as long as short |
| Variational Omni DRAM | +0.0106% | 8h | 61.115 | −0.367% | $2.3M | $670K | — | as long as short |
| Paradex DRAM-USD-PERP | +0.0119% | 8h | 61.312 | −0.045% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0144% | 1h | 61.276 | −0.104% | $79.3M | $36.1M | 20x | as long as short |
| BloFin DRAM-USDT | +0.0154% | 8h | 61.250 | −0.147% | $300K | $26K | 20x | as long as short |
| Extended DRAM-USD | +0.0168% | 1h | 61.250 | −0.147% | $76K | $188K | 10x | as long as short |
| MEXC DRAM_USDT | +0.0168% | 8h | 61.300 | −0.065% | $8.1M | $5.7M | 100x | as long as short |
| Binance DRAMUSDT | +0.0171% | 8h | 61.298 | −0.069% | $43.8M | $86.5M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTX | +0.0184% | 1h | 61.110 | −0.375% | $525K | $75K | 20x | as long as short |
| Lighter DRAM | +0.0240% | 1h | 61.319 | −0.034% | $1.1M | $1.2M | 20x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0403% | 1h | 61.250 | −0.147% | $13K | $3K | 20x | as long as short |
OKX DRAM-USDT-SWAP
Vest DRAM-USD-PERP
QFEX DRAM-USD
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Aster DRAMUSDT
Entropy io:DRAM
edgeX DRAMUSDC
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Variational Omni DRAM
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
BloFin DRAM-USDT
Extended DRAM-USD
MEXC DRAM_USDT
Binance DRAMUSDT
Coinbase International DRAM-PERP-INTX
Lighter DRAM
Deribit DRAM_USDC-PERPETUAL