Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRnext payment −$0.31 per $10,000 · paid last 24h +0.041%
Price spread now: Deribit against Coinbase International−0.231%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Deribit is 0.231% cheaper against Coinbase International than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DRAM-PERP-INTX | 60.700 | 0.0248 | pay 0.0031% / 1h | 53m 53s | $533K | $87K | 20x |
| Short | Deribit DRAM_USDC-PERPETUAL | 60.560 | 0 | get 0.0000% / 1h | 53m 53s | $12K | $3K | 20x |
Coinbase International DRAM-PERP-INTX
Deribit DRAM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$52.08
- Price spread: −0.231% → 0.000%
- −$23.06
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$92.14
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 44 min ago; Deribit: 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 Coinbase International live order book, 44 min ago | 4.92 bp | 11.5 bp −$11 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.0746% | 8h | 60.610 | −0.148% | $26.4M | $15.3M | 20x | as long as short |
| Entropy io:DRAM | −0.0424% | 1h | 60.681 | −0.031% | $180K | $464K | 25x | as long as short |
| Aster DRAMUSDT | 0.0000% | 8h | 60.646 | −0.088% | $194K | $39K | 20x | as long as short |
| Extended DRAM-USD | 0.0000% | 1h | 60.603 | −0.160% | $76K | $218K | 10x | as long as short |
| Binance DRAMUSDT | 0.0000% | 8h | 60.630 | −0.115% | $43.7M | $89.3M | 50x | as long as short |
| Bybit DRAMUSDT | 0.0000% | 8h | 60.614 | −0.142% | $9.6M | $10.4M | 100x | as long as short |
| RISEx DRAM/USDC | 0.0000% | 1h | 60.560 | −0.230% | $418K | $339K | 20x | as long as short |
| Gate DRAM_USDT | 0.0000% | 8h | 60.640 | −0.099% | $7.9M | $3.6M | 75x | as long as short |
| Variational Omni DRAM | 0.0000% | 8h | 60.745 | +0.074% | $2.3M | $584K | — | as long as short |
| GRVT DRAM_USDT_Perp | 0.0000% | 8h | 60.840 | +0.231% | $36K | $209K | 10x | as long as short |
Bitget DRAMUSDT
Entropy io:DRAM
Aster DRAMUSDT
Extended DRAM-USD
Binance DRAMUSDT
Bybit DRAMUSDT
RISEx DRAM/USDC
Gate DRAM_USDT
Variational Omni DRAM
GRVT DRAM_USDT_PerpShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX DRAM-USDT | 0.0000% | 8h | 60.550 | −0.247% | $996 | $2.6M | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUALshort | 0.0000% | 1h | 60.560 | −0.231% | $12K | $3K | 20x | |
| HTX DRAM-USDT | 0.0000% | 8h | 60.680 | −0.033% | $27K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 60.580 | −0.198% | $1.7M | $1.3M | 10x | as long as short |
| MEXC DRAM_USDT | +0.0004% | 8h | 60.620 | −0.132% | $8.4M | $5.4M | 100x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0008% | 8h | 60.620 | −0.132% | $5.4M | $6.1M | 50x | as long as short |
| Aftermath Perps DRAMUSD | +0.0039% | 1h | 60.702 | +0.003% | $1K | $29K | 5x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 60.520 | −0.297% | $47K | $67K | 10x | as long as short |
| edgeX DRAMUSDC | +0.0045% | 4h | 60.787 | +0.144% | $147K | $298K | 20x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 60.690 | −0.016% | — | — | 10x | as long as short |
| BloFin DRAM-USDT | +0.0049% | 8h | 60.630 | −0.115% | $299K | $26K | 20x | as long as short |
| tradeXYZ xyz:DRAM | +0.0050% | 1h | 60.554 | −0.241% | $78.5M | $34.6M | 20x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 60.500 | −0.329% | $251K | $1.3M | 10x | as long as short |
| SoDEX DRAM-USD | +0.0050% | 1h | 60.573 | −0.209% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 60.480 | −0.362% | $1.1M | $3.5M | 10x | as long as short |
| QFEX DRAM-USD | +0.0053% | 1h | 60.610 | −0.148% | $988K | $84K | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0097% | 8h | 60.539 | −0.266% | — | — | 5x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 60.558 | −0.234% | $73K | $34K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 60.620 | −0.132% | $3.0M | $405K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 60.820 | +0.198% | $21K | $182K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 60.630 | −0.115% | $8K | — | 10x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 60.615 | −0.140% | $4K | — | 10x | as long as short |
| Lighter DRAM | +0.0184% | 1h | 60.575 | −0.206% | $1.1M | $1.2M | 20x | as long as short |
| Coinbase International DRAM-PERP-INTXlong | +0.0248% | 1h | 60.700 | long leg | $533K | $87K | 20x |
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
MEXC DRAM_USDT
OKX DRAM-USDT-SWAP
Aftermath Perps DRAMUSD
Arcus DRAM-USD
edgeX DRAMUSDC
Vest DRAM-USD-PERP
BloFin DRAM-USDT
tradeXYZ xyz:DRAM
Polymarket Perps DRAM-USD
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Paradex DRAM-USD-PERP
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Aevo DRAM-PERP
Lighter DRAM