DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0134%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h −0.031%

Price spread now: Ondo Perps against Coinbase International+0.146%7-day average +0.053% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.237%−$24 on $10k

Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.146%, 7d avg +0.053%

Together, before fees−0.416%+ Points / potential airdropOndo Perps: Active · farm board−$42 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Ondo Perps is 0.093% dearer against Coinbase International than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of +0.053%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DRAM-PERP-INTX	61.510	0.0184	pay 0.0023% / 1h	53m 20s	$528K	$74K	20x
Short	Ondo Perps DRAM-USD.P	61.600	0.0050	get 0.0006% / 1h	53m 20s	$1.1M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Ondo PerpsbpOrdersPrice spread, now +0.146%Rate

Funding earned: −$28.06
Price spread: +0.146% → +0.053%: $9.32
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$33.73
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 60 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 Coinbase International live order book, 60 min ago	4.82 bp	11.0 bp −$11	15.0 bp −$150	doesn't fit	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
RISEx DRAM/USDC	0.0000%	1h	61.700	+0.309%	$434K	$501K	20x	as long as short
Bitget DRAMUSDT	0.0000%	8h	61.710	+0.325%	$26.1M	$13.9M	20x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.610	+0.163%	$37K	$189K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.710	+0.325%	$919	$2.6M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.670	+0.260%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.710	+0.325%	$1.7M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0018%	4h	61.622	+0.183%	$149K	$298K	20x	as long as short
Aftermath Perps DRAMUSD	+0.0024%	1h	61.589	+0.129%	$1K	$31K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	61.600	+0.146%	$48K	$76K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	61.670	+0.260%	—	—	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX DRAM-USD	+0.0050%	1h	61.700	+0.309%	$1.0M	$84K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.684	+0.283%	$259K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.703	+0.314%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.Pshort	+0.0050%	1h	61.600	+0.146%	$1.1M	$2.5M	10x
OKX DRAM-USDT-SWAP	+0.0057%	8h	61.720	+0.341%	$5.5M	$4.7M	50x	as long as short
Bybit DRAMUSDT	+0.0062%	8h	61.720	+0.341%	$9.5M	$10.0M	100x	as long as short
Pacifica DRAM	+0.0100%	1h	61.660	+0.243%	$74K	$49K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.670	+0.260%	$3.0M	$401K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.680	+0.276%	$22K	$184K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.700	+0.309%	$8K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.706	+0.319%	$4K	—	10x	as long as short
Entropy io:DRAM	+0.0104%	1h	61.612	+0.166%	$170K	$465K	25x	as long as short
Aster DRAMUSDT	+0.0112%	8h	61.710	+0.325%	$198K	$35K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0113%	8h	61.692	+0.295%	—	—	5x	as long as short
Variational Omni DRAM	+0.0175%	8h	61.664	+0.251%	$2.4M	$618K	—	as long as short
Coinbase International DRAM-PERP-INTXlong	+0.0184%	1h	61.510	long leg	$528K	$74K	20x
Lighter DRAM	+0.0216%	1h	61.721	+0.343%	$1.1M	$1.2M	20x	as long as short
Extended DRAM-USD	+0.0224%	1h	61.683	+0.282%	$74K	$238K	10x	as long as short
Binance DRAMUSDT	+0.0225%	8h	61.720	+0.341%	$44.2M	$83.2M	50x	as long as short
MEXC DRAM_USDT	+0.0226%	8h	61.700	+0.309%	$9.0M	$5.5M	100x	as long as short
BloFin DRAM-USDT	+0.0227%	8h	61.720	+0.341%	$300K	$26K	20x	as long as short
tradeXYZ xyz:DRAM	+0.0250%	1h	61.684	+0.283%	$80.2M	$35.5M	20x	as long as short
Gate DRAM_USDT	+0.0270%	8h	61.730	+0.358%	$8.1M	$3.6M	75x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0399%	1h	61.700	+0.309%	$13K	$3K	20x	as long as short