Funding you earn now, next payment 03:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.017%
Price spread now: Extended against Coinbase International+0.092%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.092%, 7d avg +0.135%
=Together, before fees−0.219%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.043% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.092% now, against its 7-day average of +0.135%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.176% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 per $10,000. 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 | Coinbase International DRAM-PERP-INTX | 62.330 | 0.0152 | pay 0.0019% / 1h | 46m 45s | $535K | $75K | 20x |
| Short | Extended DRAM-USD | 62.387 | 0.0448 | get 0.0056% / 1h | 46m 45s | $75K | $636K | 10x |
Coinbase International DRAM-PERP-INTX
Extended DRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $62.16
- Price spread: +0.092% → +0.135%
- −$4.33
- Slippage, 4 orders
- −$7.79
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $35.04
- Costs to cover
- 0.228%
- Break-even
- 3.1 days
Slippage from Coinbase International: live order book, 11 min ago; Extended: live order book, 11 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, 11 min ago | 2.40 bp | 8.1 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Extended live order book, 11 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 | 62.404 | +0.119% | $442K | $501K | 20x | as long as short |
| SunX DRAM-USDT | 0.0000% | 8h | 62.390 | +0.096% | $1K | $2.7M | 10x | as long as short |
| HTX DRAM-USDT | 0.0000% | 8h | 62.340 | +0.016% | $28K | $3K | 20x | as long as short |
| Phemex DRAMUSDT | 0.0000% | 8h | 62.380 | +0.080% | $1.7M | $1.3M | 10x | as long as short |
| edgeX DRAMUSDC | +0.0011% | 4h | 62.357 | +0.043% | $151K | $298K | 20x | as long as short |
| Aftermath Perps DRAMUSD | +0.0026% | 1h | 62.351 | +0.033% | $1K | $32K | 5x | as long as short |
| Lighter DRAM | +0.0032% | 1h | 62.386 | +0.090% | $969K | $1.0M | 20x | as long as short |
| Arcus DRAM-USD | +0.0040% | 1h | 62.360 | +0.048% | $51K | $79K | 10x | as long as short |
| Vest DRAM-USD-PERP | +0.0046% | 1h | 62.360 | +0.048% | — | — | 10x | as long as short |
| Polymarket Perps DRAM-USD | +0.0050% | 1h | 62.362 | +0.051% | $267K | $1.3M | 10x | as long as short |
RISEx DRAM/USDC
SunX DRAM-USDT
HTX DRAM-USDT
Phemex DRAMUSDT
edgeX DRAMUSDC
Aftermath Perps DRAMUSD
Lighter DRAM
Arcus DRAM-USD
Vest DRAM-USD-PERP
Polymarket Perps DRAM-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX DRAM-USD | +0.0050% | 1h | 62.372 | +0.067% | $2K | $15K | 20x | as long as short |
| Ondo Perps DRAM-USD.P | +0.0050% | 1h | 62.300 | −0.048% | $1.1M | $2.2M | 10x | as long as short |
| QFEX DRAM-USD | +0.0052% | 1h | 62.380 | +0.080% | $1.0M | $78K | 10x | as long as short |
| Deribit DRAM_USDC-PERPETUAL | +0.0071% | 1h | 62.380 | +0.080% | $13K | $3K | 20x | as long as short |
| GRVT DRAM_USDT_Perp | +0.0099% | 8h | 62.398 | +0.109% | $37K | $165K | 10x | as long as short |
| Pacifica DRAM | +0.0100% | 1h | 62.353 | +0.037% | $76K | $44K | 10x | as long as short |
| KuCoin DRAMUSDTM | +0.0100% | 8h | 62.370 | +0.064% | $3.0M | $393K | 20x | as long as short |
| ApeX Omni DRAMUSDT | +0.0100% | 1h | 62.370 | +0.064% | $22K | $186K | 50x | as long as short |
| Orderly PERP_DRAM_USDC_mythos | +0.0100% | 8h | 62.410 | +0.128% | $9K | — | 10x | as long as short |
| Paradex DRAM-USD-PERP | +0.0102% | 8h | 62.387 | +0.091% | — | — | 5x | as long as short |
| tradeXYZ xyz:DRAM | +0.0103% | 1h | 62.359 | +0.047% | $81.8M | $35.6M | 20x | as long as short |
| Aevo DRAM-PERP | +0.0104% | 1h | 62.403 | +0.118% | $4K | — | 10x | as long as short |
| Bitget DRAMUSDT | +0.0107% | 8h | 62.400 | +0.112% | $26.3M | $13.2M | 20x | as long as short |
| OKX DRAM-USDT-SWAP | +0.0151% | 8h | 62.410 | +0.128% | $5.5M | $4.4M | 50x | as long as short |
| Coinbase International DRAM-PERP-INTXlong | +0.0152% | 1h | 62.330 | long leg | $535K | $75K | 20x | |
| Entropy io:DRAM | +0.0172% | 1h | 62.367 | +0.059% | $238K | $417K | 25x | as long as short |
| Bybit DRAMUSDT | +0.0212% | 8h | 62.419 | +0.143% | $9.7M | $9.9M | 100x | as long as short |
| Aster DRAMUSDT | +0.0326% | 8h | 62.399 | +0.110% | $201K | $35K | 20x | as long as short |
| Variational Omni DRAM | +0.0419% | 8h | 62.374 | +0.071% | $2.4M | $717K | — | as long as short |
| Binance DRAMUSDT | +0.0445% | 8h | 62.397 | +0.107% | $44.9M | $80.5M | 50x | as long as short |
| MEXC DRAM_USDT | +0.0447% | 8h | 62.390 | +0.096% | $9.2M | $5.4M | 100x | as long as short |
| Extended DRAM-USDshort | +0.0448% | 1h | 62.387 | +0.092% | $75K | $636K | 10x | |
| BloFin DRAM-USDT | +0.0607% | 8h | 62.420 | +0.144% | $303K | $26K | 20x | as long as short |
| Gate DRAM_USDT | +0.0608% | 8h | 62.420 | +0.144% | $8.2M | $3.5M | 75x | as long as short |
SoDEX DRAM-USD
Ondo Perps DRAM-USD.P
QFEX DRAM-USD
Deribit DRAM_USDC-PERPETUAL
GRVT DRAM_USDT_Perp
Pacifica DRAM
KuCoin DRAMUSDTM
ApeX Omni DRAMUSDT
Orderly PERP_DRAM_USDC_mythos
Paradex DRAM-USD-PERP
tradeXYZ xyz:DRAM
Aevo DRAM-PERP
Bitget DRAMUSDT
OKX DRAM-USDT-SWAP
Entropy io:DRAM
Bybit DRAMUSDT
Aster DRAMUSDT
Variational Omni DRAM
Binance DRAMUSDT
MEXC DRAM_USDT
BloFin DRAM-USDT
Gate DRAM_USDT