Funding you earn now, next payment 09:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.22 per $10,000 · paid last 24h −0.018%
Price spread now: ApeX Omni against Coinbase International+0.181%7-day average +0.184% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$960.961% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.181%, 7d avg +0.184%
=The price spread sits at its 7-day average of +0.184%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DRAM-PERP-INTX | 60.850 | 0.0280 | pay 0.0035% / 1h | 18m 47s | $533K | $87K | 20x |
| Short | ApeX Omni DRAMUSDT | 60.960 | 0.0100 | get 0.0013% / 1h | 18m 47s | $21K | $185K | 50x |
Coinbase International DRAM-PERP-INTX
ApeX Omni DRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- −$37.8
- Price spread: +0.181% → +0.184%
- −$0.34
- Slippage, 4 orders
- −$76.14
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$134.28
- Costs to cover
- 0.961%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 32 min ago; ApeX Omni: live order book, 30 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 Coinbase International live order book, 32 min ago | 3.29 bp | 8.3 bp −$8 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 30 min ago | 27.92 bp | 39.2 bp −$39 | 208.3 bp −$2,083 | doesn't fit | doesn't fit |
DRAM on 34 exchanges
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 | −0.0056% | 8h | 60.930 | +0.131% | $26.6M | $15.9M | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 60.920 | +0.115% | $648 | $2.4M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | 0.0000% | 1h | 60.890 | +0.066% | $13K | $3K | 20x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 60.900 | +0.082% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.930 | +0.131% | $1.7M | $1.3M | 10x | as long as short |
| Bybit DRAMUSDT | +0.0011% | 8h | 60.944 | +0.154% | $9.5M | $10.9M | 100x | as long as short |
| Aftermath Perps DRAMUSD | +0.0036% | 1h | 60.905 | +0.090% | $1K | $28K | 5x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.860 | +0.016% | — | — | 10x | as long as short |
| QFEX DRAM-USD | +0.0048% | 1h | 60.900 | +0.082% | $993K | $97K | 10x | as long as short |
| Entropy io:DRAM | +0.0050% | 1h | 60.912 | +0.102% | $452K | $1.6M | 25x | as long as short |
Bitget DRAMUSDT
SunX DRAM-USDT
Deribit DRAM_USDC-PERPETUAL
HTX DRAM-USDT
Phemex DRAMUSDT
Bybit DRAMUSDT
Aftermath Perps DRAMUSD
Vest DRAM-USD-PERP
QFEX DRAM-USD
Entropy io:DRAMShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.898 | +0.079% | $253K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.914 | +0.105% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.870 | +0.033% | $1.1M | $3.5M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0086% | 4h | 60.929 | +0.130% | $148K | $299K | 20x | as long as short |
| Lighter DRAM | +0.0096% | 1h | 60.918 | +0.112% | $1.1M | $1.4M | 20x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.870 | +0.033% | $73K | $30K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.890 | +0.066% | $3.0M | $413K | 20x | as long as short |
| ApeX Omni DRAMUSDTshort | +0.0100% | 1h | 60.960 | +0.181% | $21K | $185K | 50x | |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.920 | +0.115% | $8K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0102% | 8h | 60.910 | +0.098% | — | — | 5x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.918 | +0.112% | $4K | — | 10x | as long as short |
| RISEx DRAM/USDC | +0.0107% | 1h | 60.914 | +0.105% | $461K | $369K | 20x | as long as short |
| Aster DRAMUSDT | +0.0130% | 8h | 60.884 | +0.056% | $194K | $28K | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0133% | 8h | 60.920 | +0.115% | $5.5M | $6.5M | 50x | as long as short |
| Gate DRAM_USDT | +0.0139% | 8h | 60.940 | +0.148% | $7.9M | $3.7M | 75x | as long as short |
| tradeXYZ xyz:DRAM | +0.0154% | 1h | 60.908 | +0.095% | $79.1M | $37.1M | 20x | as long as short |
| Variational Omni DRAM | +0.0167% | 8h | 60.923 | +0.119% | $2.2M | $666K | — | as long as short |
| MEXC DRAM_USDT | +0.0221% | 8h | 60.910 | +0.099% | $8.8M | $5.5M | 100x | as long as short |
| Binance DRAMUSDT | +0.0223% | 8h | 60.920 | +0.115% | $44.3M | $94.3M | 50x | as long as short |
| Extended DRAM-USD | +0.0224% | 1h | 60.901 | +0.085% | $99K | $298K | 10x | as long as short |
| Coinbase International DRAM-PERP-INTXlong | +0.0280% | 1h | 60.850 | long leg | $533K | $87K | 20x | |
| BloFin DRAM-USDT | +0.0530% | 8h | 60.940 | +0.148% | $305K | $26K | 20x | as long as short |
| Arcus DRAM-USD | +0.0540% | 1h | 60.870 | +0.033% | $60K | $76K | 10x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0743% | 8h | 60.932 | +0.135% | $36K | $214K | 10x | as long as short |
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
edgeX DRAMUSDC
Lighter DRAM
Pacifica DRAM
KuCoin DRAMUSDTM
Orderly PERP_DRAM_USDC_mythos
Paradex DRAM-USD-PERP
Aevo DRAM-PERP
RISEx DRAM/USDC
Aster DRAMUSDT
OKX DRAM-USDT-SWAP
Gate DRAM_USDT
tradeXYZ xyz:DRAM
Variational Omni DRAM
MEXC DRAM_USDT
Binance DRAMUSDT
Extended DRAM-USD
BloFin DRAM-USDT
Arcus DRAM-USD
GRVT DRAM_USDT_Perp